Fortune Brands Innovations is adding former building-products executive Victor Grizzle to its board as two longtime directors prepare to retire. The changes will begin in December 2026 and continue through the company’s 2027 annual meeting.
Grizzle’s appointment brings experience in building products, industrial manufacturing and corporate transformation to the board. The company said the departures of David Mackay and Ann Fritz Hackett are planned and are not related to disagreements with Fortune Brands.
Key details
- Grizzle will join the board on January 1, 2027, with an initial term running through the 2027 annual meeting. He will serve on the Nominating and Governance Committee and the Compensation Committee.
- The board has determined that Grizzle meets the independence requirements for directors, including those serving on the Compensation Committee. He will participate in Fortune Brands’ existing compensation program for non-employee directors.
- Grizzle is executive chair of Armstrong World Industries. He previously spent 10 years as its president and chief executive, overseeing a business transformation focused on profitable growth, portfolio expansion and operational performance. Earlier, he held senior leadership positions at Valmont Industries and GE; he also serves as an independent director at Franklin Electric.
- Mackay plans to retire on December 9, 2026, after 15 years on the board. He and Hackett joined in 2011, when Fortune Brands became an independent publicly traded company following its separation from its former parent.
- Hackett plans to retire immediately after the 2027 annual meeting. Effective December 9, 2026, she will be reclassified as a Class III director to help balance the board’s three director classes during the transition.
The changes bring new experience in building products and operational performance to the board while ending the service of two directors who have been involved since Fortune Brands became independent. The company characterized both retirements as consistent with previously announced expectations.