Fortune Brands Innovations named Jesse G. Singh chief executive officer and board member effective June 29, 2026, replacing interim CEO David Barry, who will move into the chief operating officer role.
Singh arrives after serving as CEO of AZEK from 2016 to 2025, a stretch the company says included operational gains, margin expansion and profitable growth. Fortune Brands said the board unanimously approved the appointment after a comprehensive search.
Barry had been interim CEO since March 16. In his new COO role, he will work with Singh on day-to-day leadership. Interim CFO Ashley George will remain in place while the company continues its search for a permanent finance chief.
The company also disclosed a large inducement package tied to Singh’s hiring: a performance-based restricted stock unit award for 850,000 shares and a stock option award for 300,000 shares, both effective July 1, 2026. The performance award is split evenly between the third and fourth anniversaries of the grant date, while the option award vests in three equal installments over the first three anniversaries.
Fortune Brands also said its strategic review of Fiberon remains underway, and board chair Susan Kilsby will directly oversee that business going forward. Today the company's shares have moved 7.47% to a price of $49.395. If you want to know more, read the company's complete 8-K report here.
