Published 1 year ago

Fortune Brands Home & Security to change name to Fortune Brands Innovations

Summary by Ground News

Fortune Brands Home & Security Inc. will separate into two companies on Dec. 14. Fortune Brands changing its name to Fortune Brands Innovations Inc. The company's stock has fallen 42.5% in 2022, outpacing the S&P 500 Index's decline of 16.1%.

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MarketWatch

Fortune Brands Home & Security to change name to Fortune Brands Innovations

Fortune Brands Home & Security Inc. undefined will separate into two companies on Dec. 14 following the spinoff of its MasterBrand Inc. cabinets business, with Fortune Brands changing its name to Fortune Brands Innovations Inc., the company said Tuesday. "I am thrilled to introduce Fortune Brands Innovations, a brand, innovation and channel leader in the home, security and commercial building markets," said Fortune Brands CEO Nicholas Fink, in a…

1 year ago·United States

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