Mueller Water Products Announces Update on Board Refreshment Plan
Mueller Water Products (NYSE: MWA) has announced changes to its Board of Directors as part of its refreshment plan. The company has nominated Bentina Chisolm Terry and Leland Weaver for election at the Annual Meeting of Stockholders on February 6, 2025. Two long-tenured directors, Dr. Lydia Thomas and Ms. Shirley Franklin, will retire at the meeting.
Following the Annual Meeting, the Board will consist of nine directors, with eight being independent and eight having been elected in the last six years. The new Board slate includes Christian A. Garcia, Thomas J. Hansen, Brian C. Healy, Christine Ortiz, Jeffery S. Sharritts, Bentina Chisolm Terry, Stephen C. Van Arsdell, Leland G. Weaver, and Marietta Edmunds Zakas.
Mueller Water Products (NYSE: MWA) ha annunciato modifiche al suo Consiglio di Amministrazione come parte del suo piano di rinnovamento. L'azienda ha nominato Bentina Chisolm Terry e Leland Weaver per l'elezione durante l'Assemblea Annuale degli Azionisti il 6 febbraio 2025. Due consigliere con lunga carriera, la Dott.ssa Lydia Thomas e la Sig.ra Shirley Franklin, si ritireranno durante l'assemblea.
Dopo l'Assemblea Annuale, il Consiglio sarà composto da nove membri, di cui otto indipendenti e otto eletti negli ultimi sei anni. La nuova lista del Consiglio include Christian A. Garcia, Thomas J. Hansen, Brian C. Healy, Christine Ortiz, Jeffery S. Sharritts, Bentina Chisolm Terry, Stephen C. Van Arsdell, Leland G. Weaver e Marietta Edmunds Zakas.
Mueller Water Products (NYSE: MWA) ha anunciado cambios en su Junta Directiva como parte de su plan de renovación. La compañía ha nominado a Bentina Chisolm Terry y Leland Weaver para la elección en la Asamblea Anual de Accionistas el 6 de febrero de 2025. Dos directores de larga data, la Dra. Lydia Thomas y la Sra. Shirley Franklin, se retirarán en la reunión.
Tras la Asamblea Anual, la Junta estará compuesta por nueve directores, de los cuales ocho serán independientes y ocho han sido elegidos en los últimos seis años. La nueva lista de la Junta incluye a Christian A. Garcia, Thomas J. Hansen, Brian C. Healy, Christine Ortiz, Jeffery S. Sharritts, Bentina Chisolm Terry, Stephen C. Van Arsdell, Leland G. Weaver y Marietta Edmunds Zakas.
Mueller Water Products (NYSE: MWA)는 리프레시 계획의 일환으로 이사회에 변화를 발표했습니다. 회사는 Bentina Chisolm Terry와 Leland Weaver를 2025년 2월 6일 주주 총회에서 선출하기 위해 지명했습니다. 장기 재직한 이사인 Dr. Lydia Thomas와 Ms. Shirley Franklin은 총회에서 은퇴할 예정입니다.
총회 이후, 이사회는 아홉 명의 이사로 구성되며, 그 중 여덟 명은 독립적이며 여덟 명은 지난 6년 이내에 선출되었습니다. 새 이사회 후보에는 Christian A. Garcia, Thomas J. Hansen, Brian C. Healy, Christine Ortiz, Jeffery S. Sharritts, Bentina Chisolm Terry, Stephen C. Van Arsdell, Leland G. Weaver, 그리고 Marietta Edmunds Zakas가 포함됩니다.
Mueller Water Products (NYSE: MWA) a annoncé des changements au sein de son Conseil d'Administration dans le cadre de son plan de renouvellement. L'entreprise a nommé Bentina Chisolm Terry et Leland Weaver pour l'élection lors de l'Assemblée Annuelle des Actionnaires le 6 février 2025. Deux administrateurs de longue date, Dr. Lydia Thomas et Mme Shirley Franklin, se retireront lors de l'assemblée.
Après l'Assemblée Annuelle, le Conseil sera composé de neuf administrateurs, dont huit indépendants et huit ayant été élus au cours des six dernières années. La nouvelle liste du Conseil comprend Christian A. Garcia, Thomas J. Hansen, Brian C. Healy, Christine Ortiz, Jeffery S. Sharritts, Bentina Chisolm Terry, Stephen C. Van Arsdell, Leland G. Weaver et Marietta Edmunds Zakas.
Mueller Water Products (NYSE: MWA) hat Änderungen im Vorstand als Teil seines Erneuerungsplans angekündigt. Das Unternehmen hat Bentina Chisolm Terry und Leland Weaver zur Wahl bei der Jahreshauptversammlung der Aktionäre am 6. Februar 2025 nominiert. Zwei langjährig im Amt befindliche Direktoren, Dr. Lydia Thomas und Frau Shirley Franklin, werden auf der Versammlung zurücktreten.
Nach der Jahreshauptversammlung wird der Vorstand aus neun Direktoren bestehen, von denen acht unabhängig sind und acht in den letzten sechs Jahren gewählt wurden. Die neue Vorstandsliste umfasst Christian A. Garcia, Thomas J. Hansen, Brian C. Healy, Christine Ortiz, Jeffery S. Sharritts, Bentina Chisolm Terry, Stephen C. Van Arsdell, Leland G. Weaver und Marietta Edmunds Zakas.
- Board independence strengthened with 8 out of 9 directors being independent
- Significant board renewal with 8 directors elected in last 6 years
- Strategic board refreshment plan nearing completion
- None.
Nominates Bentina Chisolm Terry and Leland Weaver to Join Board of Directors
Two Long-Tenured Directors to Retire at Upcoming 2025 Annual Meeting of Stockholders
ATLANTA, Dec. 18, 2024 (GLOBE NEWSWIRE) -- Mueller Water Products, Inc. (NYSE: MWA) announced that its Board of Directors has nominated Bentina Chisolm Terry and Leland Weaver to join the Board for election at the Company’s Annual Meeting of Stockholders on February 6, 2025. As part of the previously announced Board refreshment plan, Dr. Lydia Thomas and Ms. Shirley Franklin will retire from the Board at the Annual Meeting.
“On behalf of the entire Board, I extend my gratitude to Lydia and Shirley for their contributions to Mueller and many years of service on the Board. Lydia’s and Shirley’s leadership, wisdom and expertise during their service have been enormously valuable to the Company and our management team as we have executed on our strategy to create value for shareholders. We also thank Brian Slobodow and Niclas Ytterdahl for their service,” said Stephen C. Van Arsdell, Non-Executive Chair of the Board.
Mr. Van Arsdell continued, “Today’s announcement reflects our strong governance as we continue to drive value creation across our business. The continuing evolution of the Board is a testament to our commitment to bringing new viewpoints to the boardroom while continuing to benefit from the guidance and experience of our more tenured directors. With the addition of Bentina and Leland, who most recently joined us as Board Observers, we are on course to complete our board refreshment plan next year. We are confident that each of our new directors will bring significant value to our diverse Board.”
The Board’s slate for the Annual Meeting is comprised of Christian A. Garcia, Thomas J. Hansen, Brian C. Healy, Christine Ortiz, Jeffery S. Sharritts, Bentina Chisolm Terry, Stephen C. Van Arsdell, Leland G. Weaver, and Marietta Edmunds Zakas. Following the Annual Meeting, the Board will comprise nine directors, eight of whom are independent and eight of whom will have been elected in the last six years.
About Bentina Chisolm Terry
Ms. Bentina Chisolm Terry currently serves as the President and CEO of Southern Linc and Southern Telecom, providing mission-critical LTE wireless and dark fiber networks and services to Southern Company electric utilities and external customers. She is an accomplished senior executive with more than 25 years of experience leading across a range of functions in the utility industry and a strong track record of driving growth and innovation. Prior to Southern Linc and Southern Telecom, Ms. Terry served as Senior Vice President of Customer Strategy and Solutions at Georgia Power. She joined Georgia Power in 2001, holding roles of increasing responsibility across multiple departments. Ms. Terry has led multiple environmental initiatives and has been responsible for health and safety. During her time serving as General Counsel for Southern Nuclear Operating Company, Ms. Terry led the Company to receiving the most significant rate increase in its history, ensuring continued service reliability and infrastructure upgrades. Ms. Terry received her Bachelor of Arts from North Carolina State University and a Juris Doctor from the University of Michigan.
About Leland Weaver
Mr. Leland Weaver currently serves as the President of DuPont Water & Protection. He is an accomplished senior executive with extensive experience across various industries and global markets. As President of the DuPont Water & Protection business, a global business with
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 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
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