8-KFiled Sep 8, 8:00 PM ET

Cornerstone Building Brands Appoints New CFO Matthew Garth

Cornerstone Building Brands, Inc.

Research Summary

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Cornerstone Building Brands Appoints New CFO Matthew Garth

What Happened

  • Cornerstone Building Brands announced the appointment of Matthew E. Garth as Executive Vice President and Chief Financial Officer, effective September 1, 2026. The company issued a press release about the appointment on September 9, 2026 (Exhibit 99.1).
  • Christian Storch’s service as Interim Chief Financial Officer concluded in connection with Mr. Garth’s appointment.

Key Details

  • Base salary: $750,000 per year, prorated for Mr. Garth’s 2026 service.
  • Target annual bonus: 90% of base salary, prorated for 2026, payable under the company’s 2026 Short Term Incentive Plan.
  • One-time equity grant: 202,777.78 Class B Profit Units under the Camelot Return Ultimate 2022 Equity Incentive Plan.
  • Sign-on bonus: $200,000.
  • Background: Mr. Garth, age 52, most recently was EVP & CFO of Dentsply Sirona; prior senior finance roles at The Scotts Miracle‑Gro Company, Minerals Technologies Inc., and Alcoa. Education: B.S. in Accounting (University of Delaware) and MBA (Columbia Business School).
  • Disclosure notes: No family relationships or related-party transactions requiring Item 404 disclosure were reported. The written offer letter will be filed with the company’s Form 10-Q for the quarter ending October 4, 2026.

Why It Matters

  • A CFO change is material because the CFO leads financial reporting, planning and investor communications. Investors should note the timing (effective Sept. 1, 2026), the compensation structure (salary, bonus target, equity grant, sign‑on), and that a formal offer letter will be filed in the next 10-Q.
  • The disclosed compensation and equity award show the company’s approach to incentivizing and retaining its new finance chief; the grant under the Camelot plan ties part of pay to long‑term performance.