MBC News & Events

Byrna Technologies (BYRN) announced that Bryan Ganz is retiring as Chief Executive Officer, CEO, and as a member of the Company's Board of Directors. Following an extensive search process, with the assistance of a leading independent search firm, the Byrna Board has appointed Conn Davis to succeed Ganz and join the Board as a Director, effective immediately. To facilitate a smooth transition, Ganz will serve as an advisor to support the incoming CEO for up to six months. Additionally, as part of Byrna's broader leadership succession strategy, TJ Kennedy, who has served as a Director since September 2025, has been elected to succeed Herbert Hughes as Chair of the Board. Hughes will continue to serve as a Director on the Board. Davis most recently served in a series of executive leadership positions at MasterBrand (MBC)

Reports Q4 revenue $644.6M, consensus $607.6M. "In the fourth quarter, we continued taking decisive actions to strengthen MasterBrand, even as demand remained soft and the trade environment became more complex," said Dave Banyard, President and Chief Executive Officer. "We are executing a coordinated, multifaceted tariff mitigation plan, flexing our manufacturing network to match demand, and maintaining a sharp focus on cost management and cash generation. As part of these efforts, we are implementing targeted cost actions in the first quarter that are expected to deliver approximately $30 million of savings in 2026. At the same time, we remain focused on advancing our strategic priorities, including integration planning for the pending combination with American Woodmark."

Also expects: Interest expense to be flat to down year-over-year; Effective tax rate to improve year-over-year; Free cash flow to be in excess of 2026 net income.

MasterBrand announces $30M of cost rationalization to be achieved in 2026