Fortune Brands Home & Security Inc
LSE:0IRN
Fortune Brands Home & Security Inc
Fortune Brands Home & Security Inc., a stalwart in the home and security solutions arena, traces its roots back to the time when American households were burgeoning into busy centers of life, increasingly focused on comfort and safety. The company elegantly weaves together a portfolio of well-known brands, delivering a comprehensive suite of products that enhance the living standards of homeowners. This innovative integration highlights brands like Moen, Master Lock, and Therma-Tru Doors, each positioning itself uniquely in the market. By focusing on areas essential to daily living, such as plumbing, cabinetry, and security, Fortune Brands has carved out a resilient market space, capitalizing on the perennial demand for home improvement.
The revenue engine of Fortune Brands is powered by its strategic focus on product innovation and market expansion. The company adeptly capitalizes on its well-established supply chain and robust distribution network, ensuring its products reach consumers across various channels, from major retailers to specialty outlets. By maintaining a keen eye on consumer trends and emerging technologies, Fortune Brands deftly adapts its offerings to meet the evolving needs of homeowners. This agility, coupled with operational efficiencies and a commitment to quality, enables the company to generate substantial revenues and sustain growth, thereby fortifying its position as a leader in the home and security products industry.
Fortune Brands Home & Security Inc., a stalwart in the home and security solutions arena, traces its roots back to the time when American households were burgeoning into busy centers of life, increasingly focused on comfort and safety. The company elegantly weaves together a portfolio of well-known brands, delivering a comprehensive suite of products that enhance the living standards of homeowners. This innovative integration highlights brands like Moen, Master Lock, and Therma-Tru Doors, each positioning itself uniquely in the market. By focusing on areas essential to daily living, such as plumbing, cabinetry, and security, Fortune Brands has carved out a resilient market space, capitalizing on the perennial demand for home improvement.
The revenue engine of Fortune Brands is powered by its strategic focus on product innovation and market expansion. The company adeptly capitalizes on its well-established supply chain and robust distribution network, ensuring its products reach consumers across various channels, from major retailers to specialty outlets. By maintaining a keen eye on consumer trends and emerging technologies, Fortune Brands deftly adapts its offerings to meet the evolving needs of homeowners. This agility, coupled with operational efficiencies and a commitment to quality, enables the company to generate substantial revenues and sustain growth, thereby fortifying its position as a leader in the home and security products industry.
Leadership Change: CEO Nick Fink will step down in May, to be succeeded by Amit Banati, a board member with deep consumer brands experience.
Profitability Reset: The company launched significant cost-cutting efforts in 2025, including a 10% reduction in headquarters workforce and $60 million in savings, with plans for further $35 million annualized run rate savings by year-end 2026 (not included in guidance).
2025 Results: Full-year sales were $4.5 billion, down 3%, and earnings per share were $3.61, down 12%, reflecting volume declines and higher manufacturing costs.
Margin Pressure: Operating margin contracted to 15.7% for the year (down 120 bps). Fourth quarter margin was 14.7%, down 170 bps, due to volume deleverage, tariffs, and input cost inflation.
2026 Outlook: Guidance assumes flat to 2% sales growth, operating margin of 14.5% to 15.5%, and EPS of $3.35 to $3.65, with no near-term market recovery expected.
China Exposure: China represented less than 5% of revenue in 2025 (down from 10% in 2021) and is expected to see continued double-digit contraction in 2026.
Segment Performance: Security saw 6% quarterly sales growth and strong margin expansion, while Outdoors faced margin compression and share loss at Fiberon.
Free Cash Flow: Generated $367 million in 2025 and expects $400–450 million in 2026.
Management
Nicholas Ian Fink is a prominent business executive known for his leadership role as the Chief Executive Officer of Fortune Brands Innovations (formerly Fortune Brands Home & Security, Inc.). He assumed the position of CEO in January 2020. Before becoming CEO, Fink held various significant roles within the company, including President and Chief Operating Officer. His leadership focuses on strategic growth, innovation, and operational efficiency. Nicholas Fink brings a wealth of experience to his role, having a diverse background in both legal and business fields. He holds a Juris Doctor (J.D.) degree, which complements his comprehensive understanding of the corporate landscape. Fink has been instrumental in driving growth initiatives and managing a diverse portfolio of products and brands under Fortune Brands, which includes leading names in home and security products. His tenure at Fortune Brands is marked by efforts to enhance the company's market presence through innovation and sustainability. Fink's strategic vision is centered on expanding global reach and optimizing product offerings to meet evolving consumer demands. Under his leadership, the company continues to emphasize its commitment to delivering high-quality products and services in the home and security sectors.
Nicholas Fink brings a wealth of experience to his role, having a diverse background in both legal and business fields. He holds a Juris Doctor (J.D.) degree, which complements his comprehensive understanding of the corporate landscape. Fink has been instrumental in driving growth initiatives and managing a diverse portfolio of products and brands under Fortune Brands, which includes leading names in home and security products.
His tenure at Fortune Brands is marked by efforts to enhance the company's market presence through innovation and sustainability. Fink's strategic vision is centered on expanding global reach and optimizing product offerings to meet evolving consumer demands. Under his leadership, the company continues to emphasize its commitment to delivering high-quality products and services in the home and security sectors.
Cheri M. Phyfer is a prominent business executive known for her leadership roles in the manufacturing and consumer goods industries. She served as the President of the Water Innovations segment at Fortune Brands Home & Security Inc., a position that underscored her expertise in managing complex business operations and driving innovation. Phyfer's extensive career is marked by her strategic vision and operational excellence. Before her role at Fortune Brands, she worked with The Sherwin-Williams Company, where she held several key positions, including President and General Manager of the Consumer Brands Group. Her tenure at Sherwin-Williams was distinguished by effective leadership and significant contributions to the company's growth and market expansion efforts. She is recognized for her ability to lead diverse teams and manage large-scale operations effectively. Her approach combines strategic planning with a keen focus on customer satisfaction and innovation, which has contributed to her reputation as a dynamic leader in the industry. Phyfer holds an MBA from Clemson University, which complements her extensive experience in business management and leadership. Her career reflects a commitment to excellence, innovation, and the ability to navigate and succeed in competitive markets.
Phyfer's extensive career is marked by her strategic vision and operational excellence. Before her role at Fortune Brands, she worked with The Sherwin-Williams Company, where she held several key positions, including President and General Manager of the Consumer Brands Group. Her tenure at Sherwin-Williams was distinguished by effective leadership and significant contributions to the company's growth and market expansion efforts.
She is recognized for her ability to lead diverse teams and manage large-scale operations effectively. Her approach combines strategic planning with a keen focus on customer satisfaction and innovation, which has contributed to her reputation as a dynamic leader in the industry.
Phyfer holds an MBA from Clemson University, which complements her extensive experience in business management and leadership. Her career reflects a commitment to excellence, innovation, and the ability to navigate and succeed in competitive markets.
As of my latest information, David V. Barry does not appear to be a notable executive officer at Fortune Brands Home & Security Inc. or widely recognized in public sources associated with the company. It is possible that you may be referring to someone else, or he might not be prominently listed in publicly available resources. If you have more specific information or if there are any updates on his role, please let me know. Otherwise, the provided details might be false.
Ms. Hiranda S. Donoghue is the Senior Vice President, General Counsel, and Secretary at Fortune Brands Home & Security Inc. In her role, she is responsible for overseeing the company's legal affairs, including corporate governance, compliance, and legal strategy. Her work plays a crucial part in guiding the company's legal policies and maintaining its integrity and reputation in the industry. Prior to joining Fortune Brands, she held various leadership roles within the legal sector, bringing extensive experience and expertise to her position. She is recognized for her strategic acumen and her ability to navigate the complexities of corporate law.
Karen G. Ries is the Senior Vice President, General Counsel, and Secretary at Fortune Brands Home & Security, Inc. In her role, she is responsible for overseeing the company's legal affairs, including providing guidance on regulatory compliance, corporate governance, and risk management. Karen brings extensive experience in legal and executive leadership to Fortune Brands. Before joining the company, she held senior legal positions at various firms, demonstrating her expertise in navigating complex legal landscapes and contributing to the strategic growth of the organizations she has been a part of. She earned her Bachelor's degree and Juris Doctor from well-regarded institutions and has been recognized for her contributions to the field of law.
Leigh Avsec is the Executive Officer of Fortune Brands Home & Security Inc, where she has held significant leadership roles. With a strong background in human resources, Avsec plays a critical part in shaping the company’s culture and talent strategy. Her role typically involves overseeing HR functions, including talent acquisition, employee development, and organizational effectiveness, contributing to the company’s growth and innovation. Known for her strategic thinking and transformative leadership style, Avsec has been instrumental in advancing Fortune Brands' commitment to inclusivity and employee engagement. She is highly regarded for her ability to foster a positive work environment and drive initiatives that align with the company’s business objectives.
Mark-Hans Richer is a seasoned marketing executive known for his extensive career in brand development and strategic marketing. Before his role at Fortune Brands Innovations, Inc., where he serves as the Chief Marketing & Innovation Officer, Richer held significant positions in various prominent companies, enhancing their marketing capabilities and brand recognition. He gained considerable recognition during his tenure at Harley-Davidson, where he was instrumental in modernizing the brand's image and reaching a broader global audience. His innovative marketing strategies and strong leadership skills have consistently driven growth and transformation in the organizations he's been part of. At Fortune Brands, Richer plays a pivotal role in integrating marketing strategies with innovation to drive the company's growth across its various home and security brands. His expertise in combining marketing with technology and customer insights has been critical in positioning Fortune Brands for success in an ever-evolving marketplace.
He gained considerable recognition during his tenure at Harley-Davidson, where he was instrumental in modernizing the brand's image and reaching a broader global audience. His innovative marketing strategies and strong leadership skills have consistently driven growth and transformation in the organizations he's been part of. At Fortune Brands, Richer plays a pivotal role in integrating marketing strategies with innovation to drive the company's growth across its various home and security brands.
His expertise in combining marketing with technology and customer insights has been critical in positioning Fortune Brands for success in an ever-evolving marketplace.
Brett E. Finley is a key executive at Fortune Brands Home & Security, Inc., where he serves as an Executive Vice President. He plays a significant role in driving the company's strategic initiatives and overseeing various aspects of its operations. Finley has gained extensive experience in leadership roles, with a strong focus on operational excellence and organizational growth. Before joining Fortune Brands, he held leadership positions at other renowned companies, contributing to his expertise in managing complex business environments and executing strategic plans. His leadership at Fortune Brands is instrumental in the company's efforts to innovate and maintain its competitive edge in the home and security markets. He is known for his ability to foster collaboration and drive performance across different teams and functions, aligning them with the company's overarching goals. With a background that combines strategic insight and practical expertise, Mr. Finley continues to be a vital part of Fortune Brands' leadership, ensuring that the company not only meets its business targets but also adapts to the changing demands of the global market.
Finley has gained extensive experience in leadership roles, with a strong focus on operational excellence and organizational growth. Before joining Fortune Brands, he held leadership positions at other renowned companies, contributing to his expertise in managing complex business environments and executing strategic plans.
His leadership at Fortune Brands is instrumental in the company's efforts to innovate and maintain its competitive edge in the home and security markets. He is known for his ability to foster collaboration and drive performance across different teams and functions, aligning them with the company's overarching goals.
With a background that combines strategic insight and practical expertise, Mr. Finley continues to be a vital part of Fortune Brands' leadership, ensuring that the company not only meets its business targets but also adapts to the changing demands of the global market.
Dong Gu Lee is a notable executive who holds the position of Senior Vice President and Chief Supply Chain Officer at Fortune Brands Innovations, previously known as Fortune Brands Home & Security. He has been with the company since 2019, significantly contributing to its strategic operations and supply chain advancements. Lee possesses a strong background in supply chain management and operations, having held numerous leadership roles in prominent corporations. Before joining Fortune Brands, he served in various capacities at LIXIL Americas, where he led initiatives in logistics, strategic sourcing, and broader supply chain functions. His experience in these roles equipped him with the expertise needed to drive efficiency and innovation within the supply chain. In his current role, Lee is instrumental in shaping and executing Fortune Brands' supply chain strategies. He focuses on optimizing processes, enhancing supplier relationships, and implementing sustainable practices to ensure that the company meets its operational goals while also fulfilling its commitment to quality and sustainability. Lee's leadership and vision in supply chain management have been crucial to the success of Fortune Brands Innovations. His ability to streamline operations and foster a culture of continuous improvement makes him a vital asset to the company.
Lee possesses a strong background in supply chain management and operations, having held numerous leadership roles in prominent corporations. Before joining Fortune Brands, he served in various capacities at LIXIL Americas, where he led initiatives in logistics, strategic sourcing, and broader supply chain functions. His experience in these roles equipped him with the expertise needed to drive efficiency and innovation within the supply chain.
In his current role, Lee is instrumental in shaping and executing Fortune Brands' supply chain strategies. He focuses on optimizing processes, enhancing supplier relationships, and implementing sustainable practices to ensure that the company meets its operational goals while also fulfilling its commitment to quality and sustainability.
Lee's leadership and vision in supply chain management have been crucial to the success of Fortune Brands Innovations. His ability to streamline operations and foster a culture of continuous improvement makes him a vital asset to the company.
