Fortune Brands Innovations, Inc. (NYSE: FBIN) announced that its board of directors has appointed Peter G. Clifford as Executive Vice President and Chief Financial Officer, effective September 21, 2026.

Clifford brings more than 30 years of finance experience across building products, healthcare and industrial sectors. He most recently served as CFO of Filtration Group Corporation from February 2025 to August 2026. Prior roles include CFO and COO positions at The AZEK Company and Cantel Medical, as well as finance leadership roles at IDEX Corporation and GE.

"Pete is a disciplined leader who has led businesses to strengthen execution, improve financial processes and create long-term value," said Fortune Brands CEO Jesse Singh.

As part of his appointment, Clifford will receive inducement equity awards effective September 28, 2026, consisting of a performance-based restricted stock unit award covering 130,000 shares and a service-based stock option award covering 65,000 shares. Both awards are granted outside the company's 2022 Long-Term Incentive Plan under NYSE Rule 303A.08.

The performance award is scheduled to vest in two equal installments on the third and fourth anniversaries of the grant date, subject to stock price performance goals. The stock option award vests in three equal annual installments. Clifford is required to retain any shares received for the duration of his employment, and at least 50% of received shares must be held for one year following his departure.

Ashley George, who has served as Interim CFO, will transition to Senior Vice President, Finance upon Clifford's arrival, a role she held previously.