DEERFIELD, Ill.--(BUSINESS WIRE)--
Fortune Brands Home & Security, Inc. (NYSE: FBHS), an industry-leading
home and security products company, today announced that it has named
Terry Horan president of the Company's security and storage business,
which includes Master Lock padlocks and related security products, and
Waterloo tool storage products.
Horan, 48, formerly president and chief executive officer of Robert
Bosch Tool Corporation, replaces John Heppner who previously announced
his plans to retire in 2013. Horan will assume full responsibility for
leadership of the business on July 8, 2013 and report to Chris Klein,
chief executive officer, Fortune Brands Home & Security.
"Terry Horan is a proven leader and a perfect fit for Fortune Brands
Home & Security," said Klein. "He has a track record of building a
growth culture centered on strong brands and consumer-driven innovation.
Terry brings more than 25 years of experience including brand building,
product development and both retail and commercial channel expertise
that will be invaluable to continued growth for our security and storage
Since joining Robert Bosch Tool Corporation in 2005, Horan has held key
leadership roles including president and chief executive officer of
North American operations for the power tool division, and global
president of the rotary tool division. He also previously served in a
number of marketing leadership roles at Rust-Oleum Corporation after
building sales and marketing experience at Skil Corporation.
About Fortune Brands Home & Security, Inc.
Fortune Brands Home & Security, Inc. (NYSE: FBHS), headquartered in
Deerfield, Ill., creates products and services that help fulfill the
dreams of homeowners and help people feel more secure. The Company's
trusted brands include Master Lock security products, MasterBrand
cabinets, Moen faucets, Simonton windows and Therma-Tru entry door
systems. FBHS holds market leadership positions in all of its segments.
The Company's more than 16,000 full-time associates generated $3.6
billion in net sales in 2012. FBHS is part of the S&P MidCap 400 Index.
For more information, please visit www.FBHS.com.
Fortune Brands Home & Security, Inc.
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Source: Fortune Brands Home & Security, Inc.
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