Fortune Brands Names Kenvue CFO Amit Banati as New CEO
Event summary
- Amit Banati, current CFO of Kenvue and Fortune Brands board member, appointed CEO effective May 13, 2026.
- Nicholas Fink departs as CEO on April 1, 2026 after six years to pursue external opportunity.
- Susan Kilsby transitions from Chair to Executive Chair during transition period.
- Banati brings extensive consumer products experience from Kenvue, Kellanova, Mondelez, and P&G.
The big picture
Fortune Brands' CEO transition comes after a six-year transformation period focused on branding, innovation, and structural changes. The appointment of Banati, with deep financial and operational experience from major consumer goods companies, signals continued emphasis on strategic clarity and operational rigor in the competitive home improvement sector.
What we're watching
- Execution Focus
- How Banati will prioritize disciplined execution of existing strategy after transformation phase.
- Portfolio Optimization
- Whether Fortune Brands can sustain growth across its diverse home and security products portfolio.
- Market Positioning
- The pace at which Fortune Brands advances in digital solutions and sustainability-focused products.