Fortune Brands Appoints David Barry As Finance Chief; Reaffirms Outlook

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  • Fortune Brands Innovations Inc FBIN has appointed David Barry as Executive Vice President and Chief Financial Officer, effective March 2, 2023.
  • 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, 2023.
  • Barry has been Senior Vice President of Finance and Investor Relations at Fortune Brands since April 2021.
  • Before his time at Fortune Brands, Barry held various senior financial roles at J.M. Huber Corporation.
  • Outlook: FBIN reaffirmed its FY22 sales growth of 4.5% - 5.5% and EPS before charges / gains of $6.20 - $6.30.
  • The company will release Q4 and FY22 earnings after the market close on Fed. 16, 2023.
  • Price Action: FBIN shares are trading higher by 0.55% at $62.33 on the last check Monday.
  • Photo Via Company
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