Fortune Brands Innovations announced that David Barry has been appointed as Executive Vice President and Chief Financial Officer, effective March 2. Barry will succeed Patrick Hallinan, who is leaving the Company to pursue a new career opportunity. Hallinan will continue in his current position until March 2. "On behalf of myself, our Board of Directors and the company, I would like to thank Pat for his outstanding leadership and dedication to Fortune Brands. We are grateful for his many contributions during his six years as Chief Financial Officer, and we wish him the best as he takes on new opportunities," said management. More information about the transition will be shared at Fortune Brands’ upcoming fourth quarter and full-year earnings call.
Published first on TheFly
See the top stocks recommended by analysts >>
Read More on FBIN:
- Fortune Brands Innovations reinstated with an Overweight at Barclays
- Fortune Brands downgraded to Sector Perform from Outperform at RBC Capital
- Deutsche shuffles ratings in repair and remodel sector, upgrades Pool
- Fortune Brands Innovations downgraded to Hold from Buy at Deutsche Bank
- Fortune Brands Innovations price target raised to $64 from $59.82 at Baird