Bruce A. Carbonari is an American corporate businessman. He was born in 1956 and hold a BA (Finance and Accounting) from Boston College, and a Master's in Management Science from Rensselaer Polytechnic Institute.[1] He lives in Chicago with his wife.[2]
Career
editCarbonari began his career at PricewaterhouseCoopers then moved to Stanadyne in 1981.[citation needed] Cabonari began working for Fortune Brands in 1990.[2] Fortune (then called MasterBrands, later American Brands) purchased Moen and Carbonari took control.[3] He held various other positions within Fortune Brands, including president and chief operating officer,[4] as well as chairman and chief executive officer of Fortune Brands Home & Hardware LLC. He was the chairman of the board and chief executive officer of the Fortune Brands holding company from October 2008 to 2012 when he retired.[2] During his chairmanship at Fortune Brands, the company revenue doubled to over $4.5 billion. The holding company's divisions included tobacco, insurance and hardware. Also sporting goods and liquor which were sold during his time in charge.[2] In March 2012, Fortune Brands Inc. split its remaining businesses and CEO Bruce Carbonari doubled his compensation from $11.2 million to $23.3 million, including a salary of $1.2 million.[5]
He joined the board of directors of RPM International, Inc. in 2002 and continues in that position.[citation needed] He became an Executive Advisor Partner with Wind Point Partners a private equity firm[6]
References
edit- ^ "RPM International Bruce Cabonari". Market Watch. Retrieved 4 June 2017.
- ^ a b c d "Retired Fortune Brands CEO plans $8.2 million condo By Dennis Rodkin 26 July 2016". Chicago Business. Retrieved 4 June 2017.
- ^ "A timeline of achievement". Moen. Retrieved 4 June 2017.
- ^ "Fortune Brands CEO, chairman Carbonari to retire By Emily Bronson York 27 July 2011". Chicago Tribune. Archived from the original on May 2, 2013. Retrieved 3 June 2017.
- ^ "Break-up pays off for Fortune Brands executives". Crain's Chicago Business. 2012-03-14. Retrieved 2020-02-21.
- ^ "Executive Advisor Partners". Wind Point Partners. Retrieved 4 June 2017.
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