Alexander KarpAlexander Karp earned $1B in 2024

In 2023, Nicholas I. Fink earned $10.80M in total compensation at Fortune Brands Innovations, including $1.24M salary, $1.97M bonus and $7.31M in stock. Most recently acquired 26,462 shares in Feb 2024. Currently holds stock worth $5.89M. Has donated $567.26K in stock to charitable causes. 5+ years at the helm of Fortune Brands Innovations.

Compensation History

Annual executive compensation data for Nicholas I. Fink, including salary, bonuses, and stock awards.

Year

2023

Total Compensation

$10.80M

Salary

$1.24M

Bonus

$1.97M

Other

$275.23K

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 Compensation

$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

$7.31M116.28K 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).

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 11 months (Jan 2020 - Present)

Previous Experience

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

Holdings

Track Nicholas I. Fink's stock holdings and portfolio value over time.

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

Nicholas I. Fink's recent stock transactions, purchases, and sales filed with the SEC.

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

Rivals

Compare Nicholas I. Fink with competitor CEOs and industry peers.