Fortune Brands Innovations, Inc. today announced a major change to its corporate governance structure. The company elected Victor Grizzle as a Class I member of the Board of Directors. His official term begins on January 1, 2027. He will serve until the annual shareholder meeting in 2027.
Therefore, Fortune Brands improves its management through more than three decades of manufacturing experience at the executive level. Grizzle has wide experience in construction products, industrial manufacturing, and engineered products. Previously, he led Armstrong World Industries for ten years as President and Chief Executive Officer. During his tenure as CEO, he spearheaded a major business transformation focused on profitable growth. Additionally, he expanded product portfolios and improved overall operational performance.
Earlier in his career, he held senior executive roles at Valmont Industries and General Electric. Furthermore, he serves as an independent director for Franklin Electric Co.
“Vic’s deep building products experience and successful track record of leading a public company through significant change will strengthen our Board as we support our new team of leaders to improve performance and position Fortune Brands for long-term growth,” said Non-Executive Chair of the Board Susan Kilsby. “He brings valuable perspective on what it takes to manage and grow a strong portfolio of brands, improve operational performance and generate profitable growth. We look forward to welcoming him to Fortune Brands.”
This strategic appointment positions Fortune Brands to capture new market opportunities across building products.
Fortune Brands Announces Upcoming Retirements of Longtime Board Directors
Alongside the new appointment, Fortune Brands announced the retirement of two longtime directors. David Mackay will officially retire from the board on December 9, 2026. He completes fifteen years of dedicated service to the organization and its shareholders. Meanwhile, Ann Fritz Hackett will retire immediately following the 2027 annual shareholder meeting.
Both directors joined the Board of Directors in 2011. They helped launch Fortune Brands as an independent public company following its spinoff. Over fifteen years, their steady governance guided the organization through expanding market cycles.
“We are also grateful to David and Ann for their many years of dedicated service and valuable contributions to Fortune Brands. They have been an integral part of shaping the Company’s history. Their leadership and the continuity they have provided have enabled the Company to evolve and change throughout times of growth and during times of economic challenge. On behalf of the Board, I want to thank David and Ann for their partnership and counsel,” said Kilsby.
Therefore, Fortune Brands transitions its leadership while maintaining strong corporate continuity into 2027.
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