Posted 21 August, 2023
Mueller Water Products, Inc. appointed Marietta Edmunds Zakas as new CEO
NYSE:MWA appointed new Chief Executive Officer Marietta Edmunds Zakas in a 8-K filed on 21 August, 2023.
On August 20, 2023, J. Scott Hall, President and Chief Executive Officer and a director of Mueller Water Products, Inc. (the "Company"), stepped down from all his positions at the Company effective as of August 21, 2023 (the "Transition Date"), and the Board of Directors (the "Board") of the Company appointed Marietta Edmunds Zakas, the Company's current Executive Vice President and Chief Financial Officer, to serve as President and Chief Executive Officer and a director, effective as of the Transition Date.
$2.42B
Item 5.02. Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers. On August 20, 2023, J. Scott Hall, President and Chief Executive Officer and a director of Mueller Water Products, Inc. (the "Company"), stepped down from all his positions at the Company effective as of August 21, 2023 (the "Transition Date"), and the Board of Directors (the "Board") of the Company appointed Marietta Edmunds Zakas, the Company's current Executive Vice President and Chief Financial Officer, to serve as President and Chief Executive Officer and a director, effective as of the Transition Date. Ms. Zakas, 64, has served as Executive Vice President and Chief Financial Officer of the Company since 2018. The Company has commenced a search for a permanent Chief Executive Officer, with both internal and external candidates being considered. Mr. Hall will continue to serve in an advisory role to the Company to ensure a smooth transition. As part of the Company's leadership transition, Steven S. Heinrichs, the current Executive Vice President, Chief Legal and Compliance Officer and Corporate Secretary, was appointed to serve as Chief Financial Officer and Chief Legal and Compliance Officer, effective as of the Transition Date, while this transition is underway. Mr. Heinrichs, 55, has served as Executive Vice President and Chief Legal and Compliance Officer and Corporate Secretary of the Company since 2018. In addition, Paul McAndrew, Senior Vice President, Operations and Supply Chain, was appointed Chief Operating Officer of the Company, effective as of the Transition Date. Mr. McAndrew, 49, previously served as Senior Vice President of Global Operations and Supply Chain of the Company since joining the Company in 2022. Prior to that, Mr. McAndrew served as a Vice President and General Manager at Emerson Electric Co. since 2017. None of the new appointees have any family relationship with any director, executive officer or person chosen to become a director or executive officer of the Company, nor are there any arrangements or understandings between any new appointee and any other person(s) pursuant to which they were selected to become an officer or director of the Company. There are no related party transactions between any of the new appointees and the Company reportable under Item 5.02 of Form 8-K and Item 404(a) of Regulation S-K. The material terms of any new compensatory arrangements related to such leadership changes will be disclosed in a subsequent filing on Form 8-K.
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