Masco said its Board of Directors elected Bonnie Van Etten (age 48) as Vice President, Controller and Chief Accounting Officer on June 7, 2024, effective June 17, 2024.

1. 01

   Masco said its Board of Directors elected Bonnie Van Etten (age 48) as Vice President, Controller and Chief Accounting Officer on June 7, 2024, effective June 17, 2024.

2. 02

   The company said Van Etten has served as Senior Vice President, Group Chief Accounting Officer at Stellantis N.V. since 2021, and as Vice President, Group Accounting Officer at Fiat Chrysler Automobiles N.V. from 2017 to 2021.

3. 03

   Masco said it set Van Etten's annual base salary at $360,000, a one-time cash sign-on bonus at $175,000, and an initial restricted stock unit award with a value of $1,000,000.

4. 04

   Masco said Van Etten is eligible to participate in its annual performance program and Long Term Incentive Program, with a target opportunity under each of 45% of her base salary, and payouts capped at 200% of the target opportunity.

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