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AI brief of an SEC Form 8-K · Fortune Brands Innovations (FBIN)

Fortune Brands names interim CEO and CFO as CEO search begins; Garden joins board

Negative Impact 4 of 5 leadership Written later

Fortune Brands said CEO Amit Banati will step aside and begin no longer as CEO in May, and CFO Jonathan Baksht has stepped down effective immediately. David Barry was named Interim CEO and Ashley George was named Interim CFO while the Board conducts a CEO search, and the company deferred its full-year 2026 outlook update to the first quarter earnings call. The company also appointed Ed Garden, CEO of Garden Investments, to the Board under a cooperation agreement.

Key points

  • David Barry, President of Security and Connected Products, was appointed Interim CEO effective immediately; a comprehensive CEO search has begun.
  • Jonathan Baksht stepped down as CFO effective immediately; Ashley George, SVP of Finance and Business Unit CFO, was named Interim CFO.
  • Amit Banati stepped down from the Board, and Ed Garden joined the Board effective March 16, 2026 under a cooperation agreement with Garden Investment Management, L.P.
  • Management will provide an update on full-year 2026 outlook on the first quarter earnings call; the filing gives no revised figures.

The filing

CompanyFortune Brands Innovations (FBIN)
Form8-K, current report
Filed with the SECMar 16, 2026, 5:19 PM ET
Accession number0001193125-26-108635

Items reported: 1.01 Material Definitive Agreement5.02 Director / Officer Change7.01 Regulation FD Disclosure

Read the filing on SEC.gov ↗

Written by AI on Nov 8, 2026, 1:05 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on March 16, 2026.

Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.