Nicholas I. Fink is the CEO of Fortune Brands Innovations, a company he joined as the Chief Operating Officer in 2019 before stepping up to CEO in January 2020. With a solid background in business, he graduated from the University...

Nicholas I. Fink is the CEO of Fortune Brands Innovations, a company he joined as the Chief Operating Officer in 2019 before stepping up to CEO in January 2020. With a solid background in business, he graduated from the University of Michigan. Fink has a knack for driving growth and performance in the consumer goods sector, which helped him transition smoothly from running the Global Plumbing Group at Fortune Brands to the top job. Before that, he held significant roles at Beam Suntory, where he managed operations in Asia and South America. His leadership style focuses on aligning actions with results, as shown by his sizeable performance-based bonuses linked to key metrics like Earnings Per Share and Operating Income. Fink also showed confidence in his company by trading a substantial amount of stock, with several months seeing over $20 million in transactions. Under his guidance, Fortune Brands continues to focus on long-term value creation for shareholders. Fink's journey from strategic management roles to CEO reflects a commitment to robust growth in a competitive industry.

Quick Links

1. Rivals

2. Holdings

3. Insider Trading

4. Compensation History

5. Other Fortune Brands Innovations CEOs

F

Nicholas I. Fink

CEO of Fortune Brands Innovations

Education

Bachelor's degree from the University of Michigan

Field of Expertise

Business & Management

Sector of Economy

Industrials

Born

January 1, 1975 - 50 years ago

CEO of Fortune Brands Innovations for

5 years 3 months (Jan 2020 - Present)

Previous Experience

President of the Company’s Global Plumbing Group, Senior Vice President - Global Growth and Development

Rivals

Competitors/colleagues of Nicholas I. Fink

T

Cynthia M. M. Dyer

CEO of Taylor Morrison Home Corporation

2023 Compensation

Stock

$0.00

Salary

$1.08M

Bonus

$2.62M

Other

$0.00

Total Holdings

$881.55K

O

Michael H. Thaman

CEO of Owens Corning

2019 Compensation

Stock

$2.00M

Salary

$965.91K

Bonus

$282.02K

Other

$88.93K

Total Holdings

$118.49M

T

Robert Buck

CEO of TopBuild Corporation

2023 Compensation

Stock

$2.28M

Salary

$970.83K

Bonus

$0.00

Other

$14.19K

Total Holdings

$20.86M

T

Douglas C. Yearley, Jr.

CEO of Toll Brothers

2023 Compensation

Stock

$0.00

Salary

$1.20M

Bonus

$7.80M

Other

$0.00

Total Holdings

$44.98M

P

Ryan R. Marshall

CEO of Pultegroup

2023 Compensation

Stock

$10.97M

Salary

$1.00M

Bonus

$4.09M

Other

$35.21K

Total Holdings

$73.36M

U

Matthew J. Missad

CEO of UFP Industries, Inc.

2023 Compensation

Stock

$3.02M

Salary

$859.99K

Bonus

$1.74M

Other

$55.09K

Total Holdings

$41.82M

Holdings

See how much did Nicholas I. Fink make over time.

Nicholas I. Fink has actively traded shares in Fortune Brands Innovations, indicating his strong belief in the company's potential. In 2021, he made several trades, starting with smaller amounts around $162K, escalating to around $221K by December. In 2023, Fink...

Nicholas I. Fink has actively traded shares in Fortune Brands Innovations, indicating his strong belief in the company's potential. In 2021, he made several trades, starting with smaller amounts around $162K, escalating to around $221K by December. In 2023, Fink ramped up his trading significantly, with values exceeding $20 million in multiple months, peaking at $27.42 million in December. This represents a confident use of his holdings as a way to leverage his wealth. From initially modest trades, his confidence grew, resulting in substantial transactions that spoke volumes about his faith in the company's trajectory. His holdings reflect not only a significant portion of his wealth but also a strategic foresight into the company's future.

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Charitable Transactions

FBIN

11,182 shares

FBIN

Recent Charitable Transactions

FBIN

3,939 shares

FBIN

Jul 30, 2024

Charity

FBIN

3,115 shares

FBIN

Feb 15, 2024

Charity

FBIN

2,652 shares

FBIN

Feb 28, 2023

Charity

FBIN

1,476 shares

FBIN

Dec 15, 2022

Charity

Insider Trading

See recent insider trades of Nicholas I. Fink.

FBIN

3,939 shares

FBIN

Jul 30, 2024

Charity

FBIN

26,462 shares

FBIN

Feb 26, 2024

Received

FBIN

2,180 shares

FBIN

Feb 15, 2024

Charity

FBIN

3,115 shares

FBIN

Feb 15, 2024

Charity

FBIN

32,473 shares

FBIN

Mar 6, 2023

Received

FBIN

2,652 shares

FBIN

Feb 28, 2023

Charity

FBIN

2,652 shares

FBIN

Feb 28, 2023

Charity

FBIN

209,258 shares

FBIN

Dec 15, 2022

Received

FBIN

1,476 shares

FBIN

Dec 15, 2022

Charity

FBIN

1,476 shares

FBIN

Dec 15, 2022

Charity

Compensation History

See how much did Nicholas I. Fink make over time.

In 2023, Nicholas I. Fink's total compensation reached approximately $11.5 million. This included a base salary of about $1.2 million, alongside a sizeable performance-based bonus of nearly $2 million. His salary and bonus were linked to achieving specific financial goals, demonstrating a clear connection between individual performance and company success. A significant part of his earnings came from vested stock awards valued at $7.3 million, reflecting the company's health and his contributions over time. In comparison, his 2022 compensation was slightly lower at $9.6 million, where he received no bonus but saw high vesting of stock awards. Fink's structure of compensation underscores his focus on performance and shareholder value, as most of his pay is performance-driven, aligning his incentives with the company’s long-term growth.

Year

2023

Total Compensation

$10.80M

Salary

$1.24M

Board Justification

The compensation philosophy is designed to align executive pay with performance, emphasizing long-term value creation for shareholders through a mix of fixed and variable compensation.

Bonus

$1.97M

Board Justification

The bonus is based on the achievement of performance metrics including EPS, Operating Income Margin Percent, and Working Capital Efficiency, with a payout of 121.4% of target.

Other

$275.23K

Board Justification

Other compensation includes matching contributions to the Qualified Savings Plan, profit sharing contributions, and costs associated with personal security and executive health services.

Restricted Stock

$7.31M(116.28K RSU)

Board Justification

The stock that vested in 2023 includes RSUs and PSAs that were converted into RSUs based on performance metrics achieved during the fiscal year.

Performance Metrics

The performance metrics for determining compensation in 2023 included Earnings Per Share (EPS), Operating Income Margin Percent (OIMP), and Working Capital Efficiency (WCE).

Other Fortune Brands Innovations CEOs

Here are other CEOs of Fortune Brands Innovations

Christopher J. Klein

Ex-CEO of Fortune Brands Innovations

October 2011 - January 2020