Fortune Brands Taps Peter Clifford as CFO with $1.95M Annual LTI Target
FBIN sits 26% above its 52-week low of $32.34.
Summary
Fortune Brands appointed Peter Clifford as EVP and CFO effective September 21, 2026, with a compensation package including $700,000 base salary and $1.95 million annual LTI target. Interim CFO Ashley George returns to SVP Finance.
Key Events · Executive and Board Changes · FBIN
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New CFO Appointed
Peter Clifford, former CFO of Filtration Group and AZEK, becomes EVP and CFO effective September 21, 2026.
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Compensation Package
Clifford receives $700,000 base salary, 90% annual bonus target, and $1.95 million annual long-term incentive target.
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Inducement Awards
130,000 performance-based RSUs and 65,000 stock options granted September 28, 2026, with stock price triggers of $80, $100, and $125 for performance award vesting.
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Interim CFO Transition
Ashley George moves from Interim CFO to SVP Finance, a role she previously held.
Analysis · FBIN · Manufacturing
The CFO vacancy at Fortune Brands is now filled by Peter Clifford, a seasoned public-company finance executive with prior roles at AZEK and Cantel Medical. This appointment completes the C-suite rebuild under new CEO Jesse Singh, who joined in June 2026. Clifford's compensation package—$700,000 base salary, 90% bonus target, and $1.95 million annual long-term incentive target—along with inducement awards of 130,000 performance RSUs and 65,000 stock options, signals the board's commitment to stabilizing leadership after a turbulent year that included a $229 million Fiberon impairment and an activist investor push from Pictet Asset Management.
How filings like this one have moved
In the 30 days to Sep 10, 2026, 30% of the 1973 measured filings Wiseek scored 7 moved their stock by 5% or more by the next session's close. The median move was -0.12%. These are measured outcomes after filings of this importance, not a forecast for this one.
Measured one observation per ticker per day, after exclusions. Current figures: Filing Impact Tracker · open dataset
At the time of this filing, FBIN was trading at $40.72 on NYSE in the Manufacturing sector, with a market capitalization of approximately $4.9B. The 52-week trading range was $32.34 to $64.84. This filing was assessed with neutral market sentiment and an importance score of 7 out of 10.