Key facts
- Jesse Singh has been appointed chief executive officer of Fortune Brands Innovations Inc.
- Singh also joins the company's board of directors.
- Singh has over 30 years of leadership experience across building products, consumer, technology, and manufacturing.
- Fortune Brands is undertaking a strategic review of its Fiberon composite decking and railing business.
- Singh's compensation package includes performance-based restricted stock units and service-based stock options.
Jesse Singh has been appointed the new chief executive officer of Fortune Brands Innovations Inc., a company specializing in home, security, and digital products. Singh, who also joins the company's board of directors, brings over three decades of leadership experience from the building products, consumer, technology, and manufacturing sectors. His previous role as CEO of a public building products and consumer company from 2016 to 2025 focused on operational improvements and driving profitable growth.
The appointment signals a prioritization of operational performance and shareholder returns by Fortune Brands' board. The company's portfolio includes well-known brands such as Moen, Master Lock, and Yale residential. Andrew Kilsby, the non-executive chair, highlighted Singh's proven track record in building products and branded consumer goods.
In conjunction with Singh's appointment, interim CEO Dave Barry has been named executive vice president and chief operating officer, and interim CFO Ashley George will continue in her role while a permanent CFO is sought. Fortune Brands has also initiated a strategic review of its Fiberon composite decking and railing business, which Kilsby will oversee.
Singh's compensation package includes significant equity awards, such as performance-based restricted stock units tied to stock price performance and service-based stock options, designed to align his interests with long-term shareholder value creation. The company anticipates potential portfolio adjustments and shifts in capital allocation priorities over the next 12 to 24 months, possibly favoring higher-margin segments like water, doors, and smart security.