MasterBrand CFO Andrea Simon steps down; Mark Young named interim CFO
MasterBrand said Chief Financial Officer Andrea Simon stopped serving as CFO effective October 23, 2026, and will stay on in a non-executive advisory role until March 31, 2027. Mark Young, the company's Vice President and Chief Accounting Officer, was appointed Interim CFO while keeping his current role, and the company has started a search for a permanent CFO. The filing says Simon's departure is not related to any disagreement or to the integrity of the company's financial statements.
Key points
- Andrea Simon's CFO role ended October 23, 2026; her advisory period runs through March 31, 2027.
- Mark Young, age 49, is Interim CFO and keeps his Vice President and Chief Accounting Officer title.
- Young's interim pay includes a $15,000 monthly stipend and a 30% increase in his annual bonus target, plus a one-time $150,000 retention award payable at the 18-month anniversary of his appointment.
- Simon's separation agreement includes a $165,900 cash payment, conditioned on her staying through March 31, 2027, in exchange for cancelling her integration restricted stock unit award.
The filing
Written by AI on Nov 7, 2026, 11:17 PM ET, from this filing only.
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.