Christopher J. Klein, born on May 12, 1964, has a management background, having graduated from the University of Illinois. He served as the CEO of Fortune Brands Innovations, Inc. from October 2011 until January 2020. Under his leadership, the company's...

Number of Employees

11.7K

Year

2020

Total Compensation

$1.22M

Salary

$1.00M

Board Justification

The compensation program is designed to reward executives for achieving both short-term and long-term strategic and operational goals that lead to the creation of long-term stockholder value.

Bonus

$0.00

Board Justification

The annual cash incentive for 2020 was based on performance metrics including EPS, RONTA, and WCE, with a target payout of 100% of base salary, resulting in a payout of $1,301,479 for Mr. Klein.

Other

$216.45K

Board Justification

Other compensation includes matching contributions to the Savings Plan and costs associated with the executive health program.

Restricted Stock

$0.00(0 RSU)

Board Justification

All outstanding RSUs vested on Mr. Klein's retirement date, December 31, 2020, but no specific vested stock amount is provided in the summary.

Performance Metrics

The performance metrics for the annual cash incentive included earnings per share (EPS), return on net tangible assets (RONTA), and company-wide working capital efficiency (WCE).

SEC Filing

From March 22, 2021

Christopher J. Klein

Ex-CEO of Fortune Brands Innovations

CJ

Education

Bachelor's degree from the University of Illinois

Field of Expertise

Business & Management

Born

May 12, 1964 - 60 years ago

Is Founder?

No

Tenure

8 years 3 months (Oct 2011 - Jan 2020)

Previous Experience

Various positions at Fortune Brands, Inc.