Fortune Brands Innovations, Inc. (NYSE: FBIN) has made significant changes to its key leadership roles, aiming to better align with the company's growth opportunities and strategy. John Lee has been appointed as the Executive Vice President, Chief Digital and Innovation Officer. With over 13 years of experience at Fortune Brands, Lee will now lead the product development team and continue to oversee the digital technology and data and analytics teams.
Anuja Perkins has also taken on an expanded role as the Executive Vice President and Chief Growth and Transformation Officer. In addition to leading the Transformation Management Office, she will now also be responsible for corporate strategy and M&A, which was formerly led by Lee. Perkins, with a strong track record in driving strategy for high-growth organizations, brings deep expertise to this expanded role.
The company's portfolio of brands includes Moen, House of Rohl, Aqualisa, SpringWell, Therma-Tru, Larson, Fiberon, Master Lock, SentrySafe, and Yale residential.
This move comes as Fortune Brands continues to focus on elevating every life by transforming spaces into havens. The leadership changes are designed to accelerate the company's work in bringing both core, innovative products and digital solutions to life, while fostering strong collaboration across vital functions to turn strategy into action.
The company's trading symbol on the NYSE is FBIN. As a result of these announcements, the company's shares have moved 2.55% on the market, and are now trading at a price of $53.96. Check out the company's full 8-K submission here.
