MasterBrand, Inc. — Form 8-K
Filed October 26, 2026 · analyzed by the 8-K Agent
8-K
— Neutral
significance 42/100
What the filing says
Andrea Simon ceased serving as Chief Financial Officer effective October 23, 2026, and will remain in a non-executive advisory role through March 31, 2027. She receives a cash severance package of $1,187,250 (base salary + 2026 target bonus + 401k allocation), continued health benefits for 12 months, pro-rated 2027 bonus targeting $130,000, and $165,900 for cancelled integration RSUs. Mark Young, Vice President and Chief Accounting Officer, was appointed Interim CFO and will receive his current $385,000 base salary plus a $15,000 monthly stipend, 30% bonus increase (80% target), and $150,000 retention award vesting at 18 months.
Why this rating
Routine CFO transition with internal succession plan; total severance ~$1.4M is ~0.1% of $1.3B market cap; no financial statement issues; search underway for permanent CFO.
Extracted items
- 5.02 exec change
- 7.01 Reg FD disclosure
- 9.01 exhibits
See more from October 26, 2026.
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