MasterBrand, Inc. (MBC) Form 8-K — Oct 26, 2026
MasterBrand (NYSE: MBC) announced that CFO Andrea Simon ceased serving as CFO effective October 23, 2026, and will remain in a non-executive advisory role through March 31, 2027 to support an orderly transition. Mark A. Young, the company's Vice President and Chief Accounting Officer since 2022, was appointed Interim CFO effective immediately, receiving a $15,000 monthly stipend, a 30% bonus-target increase, and a $150,000 retention award. MasterBrand has launched a search, with an executive search firm, for a permanent CFO from internal and external candidates.
Key figures
- Cash Position
- 0
- Advisor period end
- 2027-03-31
- Cash severance payment
- 1187250
- Interim cfo base salary
- 385000
- Interim cfo monthly stipend
- 15000
- Interim cfo retention award
- 150000
- Integration rsu cash payment
- 165900
AI analysis
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