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CEO and CFO exit as Fortune Brands revamps board and leadership
Fortune Brands Innovations (FBIN) announced significant leadership changes, with Amit Banati stepping down as CEO and Jonathan Baksht as CFO. David Barry has been appointed interim CEO, and Ashley George interim CFO, as the company initiates a comprehensive search for permanent replacements. Additionally, Ed Garden has been appointed to the Board of Directors, and the company plans to propose eliminating the classification of its Board to shareholders.