Mueller Water Products Announces CFO Succession Plan
Mueller Water Products (NYSE: MWA) announced a CFO succession plan, with Steve Heinrichs transitioning from his role as Chief Financial Officer and Chief Legal and Compliance Officer by December 31, 2024. The company has initiated a search for a new CFO with a leading executive search firm. Heinrichs will remain as CFO until a successor is named and will be available as a consultant until September 30, 2025, to ensure a smooth transition.
CEO Martie Edmunds Zakas praised Heinrichs' contributions over the past six years. Chason A. Carroll was previously appointed as General Counsel in August 2023. Heinrichs expressed pride in the company's operational and financial improvements during his tenure.
Mueller Water Products (NYSE: MWA) ha annunciato un piano di successione per il CFO, con Steve Heinrichs che transiterà dal suo ruolo di Chief Financial Officer e Chief Legal and Compliance Officer entro il 31 dicembre 2024. L'azienda ha avviato una ricerca per un nuovo CFO insieme a una rinomata società di ricerca di dirigenti. Heinrichs rimarrà CFO fino a quando non verrà nominato un successore e sarà disponibile come consulente fino al 30 settembre 2025, per garantire una transizione fluida.
Il CEO Martie Edmunds Zakas ha elogiato i contributi di Heinrichs negli ultimi sei anni. Chason A. Carroll è stato precedentemente nominato come General Counsel nell'agosto 2023. Heinrichs ha espresso orgoglio per i miglioramenti operativi e finanziari dell'azienda durante il suo mandato.
Mueller Water Products (NYSE: MWA) anunció un plan de sucesión para el CFO, con Steve Heinrichs que transicionará de su papel como Chief Financial Officer y Chief Legal and Compliance Officer para el 31 de diciembre de 2024. La empresa ha iniciado la búsqueda de un nuevo CFO con una destacada firma de búsqueda de ejecutivos. Heinrichs permanecerá como CFO hasta que se nombre un sucesor y estará disponible como consultor hasta el 30 de septiembre de 2025, para asegurar una transición sin problemas.
El CEO Martie Edmunds Zakas elogió las contribuciones de Heinrichs durante los últimos seis años. Chason A. Carroll fue nombrado previamente como General Counsel en agosto de 2023. Heinrichs expresó orgullo por las mejoras operativas y financieras de la empresa durante su mandato.
Mueller Water Products (NYSE: MWA)는 CFO 승계 계획을 발표했으며, Steve Heinrichs가 2024년 12월 31일까지 Chief Financial Officer 및 Chief Legal and Compliance Officer로서의 역할에서 전환될 예정입니다. 이 회사는 주요 임원 검색 회사와 함께 새로운 CFO를 찾는 절차를 시작했습니다. Heinrichs는 후임자가 임명될 때까지 CFO로 남아 있을 것이며, 원활한 전환을 보장하기 위해 2025년 9월 30일까지 컨설턴트로 유지될 것입니다.
CEO Martie Edmunds Zakas는 지난 6년 동안 Heinrichs의 기여를 칭찬했습니다. Chason A. Carroll은 2023년 8월에 General Counsel로 임명되었습니다. Heinrichs는 재임 기간 동안 회사의 운영 및 재무 개선에 자부심을 표현했습니다.
Mueller Water Products (NYSE: MWA) a annoncé un plan de succession pour le CFO, avec Steve Heinrichs qui passera de son rôle de Chief Financial Officer et Chief Legal and Compliance Officer d'ici le 31 décembre 2024. La société a lancé une recherche pour un nouveau CFO avec une entreprise de recherche exécutive de premier plan. Heinrichs restera CFO jusqu'à ce qu'un successeur soit nommé et sera disponible en tant que consultant jusqu'au 30 septembre 2025, afin d'assurer une transition en douceur.
Le PDG Martie Edmunds Zakas a salué les contributions de Heinrichs au cours des six dernières années. Chason A. Carroll a été nommé auparavant General Counsel en août 2023. Heinrichs a exprimé sa fierté pour les améliorations opérationnelles et financières de l'entreprise pendant son mandat.
Mueller Water Products (NYSE: MWA) hat einen CFO-Nachfolgeplan angekündigt, bei dem Steve Heinrichs bis zum 31. Dezember 2024 aus seiner Rolle als Chief Financial Officer und Chief Legal and Compliance Officer ausscheidet. Das Unternehmen hat eine Suche nach einem neuen CFO mit einer führenden Personalberatung initiiert. Heinrichs wird CFO bleiben, bis ein Nachfolger benannt wird, und steht bis zum 30. September 2025 als Berater zur Verfügung, um einen reibungslosen Übergang sicherzustellen.
CEO Martie Edmunds Zakas lobte Heinrichs' Beiträge in den letzten sechs Jahren. Chason A. Carroll wurde zuvor im August 2023 als General Counsel ernannt. Heinrichs sprach seinen Stolz über die operativen und finanziellen Verbesserungen des Unternehmens während seiner Amtszeit aus.
- Planned and organized CFO succession process
- Retention of current CFO until successor is found
- Extended consulting arrangement with outgoing CFO for smooth transition
- CEO's acknowledgment of CFO's significant contributions
- Departure of experienced CFO and Chief Legal and Compliance Officer
ATLANTA, Sept. 05, 2024 (GLOBE NEWSWIRE) -- Mueller Water Products, Inc. (NYSE: MWA) announced that Steven (“Steve”) S. Heinrichs will be transitioning from his position as Chief Financial Officer and Chief Legal and Compliance Officer effective December 31, 2024. The Company also announced today it has initiated a comprehensive process with a leading executive search firm to identify a new Chief Financial Officer.
Mr. Heinrichs will continue to serve as Chief Financial Officer and Chief Legal and Compliance Officer until a new CFO has been named and will remain available to the Company on a consulting basis until September 30, 2025, to help ensure a smooth transition. Mueller previously appointed Chason A. Carroll to the position of General Counsel in August 2023.
“Over the past six years, Steve has significantly contributed to Mueller’s success and has been a valued member of the leadership team. I am grateful for his support through this transition, and we wish him the very best in his future endeavors,” said Martie Edmunds Zakas, Chief Executive Officer of Mueller Water Products.
Mr. Heinrichs added, “I am proud of what we have accomplished, especially Mueller’s significant operational and financial improvements. We have developed dedicated and talented teams, and I look forward to Mueller’s continued success and future growth.”
About Mueller Water Products, Inc.
Mueller Water Products, Inc. is a leading manufacturer and marketer of products and services used in the transmission, distribution and measurement of water in North America. Our broad product and service portfolio includes engineered valves, fire hydrants, pipe connection and repair products, metering products, leak detection, pipe condition assessment, pressure management products, and software technology that provides critical water system data. We help municipalities increase operational efficiencies, improve customer service and prioritize capital spending, demonstrating why Mueller Water Products is Where Intelligence Meets Infrastructure®. Visit us at www.muellerwaterproducts.com.
Mueller refers to one or more of Mueller Water Products, Inc. (MWP), a Delaware corporation, and its subsidiaries. MWP and each of its subsidiaries are legally separate and independent entities when providing products and services. MWP does not provide products or services to third parties. MWP and each of its subsidiaries are liable only for their own acts and omissions and not those of each other.
Investor Relations Contact: Whit Kincaid
770-206-4116
wkincaid@muellerwp.com
Media Contact: Jenny Barabas
470-806-5771
jbarabas@muellerwp.com
FAQ
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