Fortune Brands Home & Security, Inc. Appoints Susan Saltzbart Kilsby as Non-Executive Chair, Effective January 1, 2021
December 21, 2020 at 04:05 pm EST
Share
Fortune Brands Home & Security, Inc. announced that the Board of Directors appointed Susan Saltzbart Kilsby as non-executive chair, effective January 1, 2021. Ms. Kilsby, an independent director, has served on Fortune Brands’ Board since 2015, and is currently a member of the Nominating, Environmental, Social and Governance committee and the Compensation committee. Ms. Kilsby had a distinguished career in investment banking, mergers and acquisitions and international business prior to her retirement in 2014, holding a variety of senior level positions at Credit Suisse AG, including managing director and head of mergers and acquisitions for Europe, the Middle East and Africa. She also has extensive international board experience, including serving as the chair of Shire plc for five years. As previously announced, Christopher Klein will be retiring as executive chairman and a member of the Board of Directors, effective at the close of business on December 31, 2020. Mr. Klein served as executive chairman during 2020 as part of the Company’s multi-year transition plan to ensure continued strong leadership and consistency in executing the Company’s business strategies and priorities following Mr. Klein’s retirement as chief executive officer. The appointment of Ms. Kilsby as non-executive chair and the earlier 2020 Board additions of Jeffery Perry and Amit Banati further enhance the diversity, leadership capabilities and depth of experience of the Board.
Fortune Brands Innovations, Inc. is a home, security and commercial building products company. The Company has three segments. Water Innovations segment manufactures or assembles and sells faucets, accessories, kitchen sinks and waste disposal, predominantly under the Moen, ROHL, Riobel, Victoria+Albert, Aqualisa and Shaws brands. Outdoors segment manufactures and sells fiberglass and steel entry door systems, storm, screen and security doors, composite decking, railing and cladding under the Fiberon brand, urethane millwork under the Fypon brand, and wide-opening exterior door systems and outdoor enclosures under the Solar Innovations brand. Security segment manufactures, sources and distributes locks, safety and security devices, and electronic security products and fire-resistant safes and security containers. The Company, through SpringWell Water Filtration Systems, provides residential whole-home water filtration and water softening solutions via direct-to-consumer channels.