Zurn Elkay Water Solutions Promotes Dave Pauli to Chief Financial Officer; Mark Peterson to Become Chief Administrative Officer
July 10 2024 - 4:15PM
Business Wire
Zurn Elkay Water Solutions Corporation (NYSE: ZWS) announced
today the promotion of Dave Pauli, 42, to the position of Chief
Financial Officer (CFO). Pauli will oversee all aspects of Zurn
Elkay’s financial operations effective immediately including
financial planning and analysis, treasury, reporting, tax, internal
audit and investor relations.
The promotion comes as Mark Peterson, 52, who joined the company
in 2006 and has served as CFO since 2011, becomes the company’s
Chief Administrative Officer, overseeing human resources,
enterprise risk, real estate and facilities management, and
environmental health and safety.
"This well-deserved promotion recognizes the breadth and depth
of Dave’s leadership as well as the success of our development and
succession plans,” said Todd A. Adams, Chairman and CEO. "Dave,
Mark, and I have worked closely together for more than 10 years.
During that time, Dave gained incredible experience across all
facets of the company, preparing him to step into this role.
“Mark has been, and will continue to be, an integral partner for
me. I am thrilled that he is staying on as Chief Administrative
Officer and for the leadership continuity. It’s Mark’s commitment
to succession planning and the Zurn Elkay Business System that has
helped build deep bench strength and paved the way for a seamless
transition.”
Pauli joined Zurn Elkay in 2012 as Assistant Corporate
Controller, later adding responsibility for financial planning and
analysis (FP&A). He went on to serve as a divisional Vice
President - Finance before being named Corporate Controller in
2016. In 2021, he added investor relations to his responsibilities.
Pauli began his career with Deloitte, spending seven years with the
firm’s audit practice.
Second-Quarter Results
“We see our preliminary second quarter results in-line to
slightly ahead of the outlook range we provided earlier in the
quarter,” said Adams. “We will provide further details on the
quarter and our outlook during an earnings call that will be
scheduled for Wednesday, July 31, 2024.”
About Zurn Elkay Water Solutions
Named one of America’s Most Responsible Companies 2024 by
Newsweek for the fourth consecutive year, Zurn Elkay Water
Solutions is headquartered in Milwaukee, WI, and is a
growth-oriented, pure-play water management business that designs,
procures, manufactures, and markets what we believe to be the
broadest sustainable product portfolio of specification-driven
water management solutions to improve health, hydration, human
safety, and the environment. The Zurn Elkay product portfolio
includes professional grade water safety and control products, flow
systems products, hygienic and environmental products, and filtered
drinking water products for public and private spaces. Visit
www.zurnelkay.com for additional information about the Company.
Forward-Looking Statements
Information in this release may involve outlook, expectations,
beliefs, plans, intentions, strategies or other statements
regarding the future, which are forward-looking statements. These
forward-looking statements involve risks and uncertainties. All
forward-looking statements included in this release are based upon
information available to Zurn Elkay Water Solutions Corporation as
of the date of the release, and Zurn Elkay Water Solutions
Corporation assumes no obligation to update any such
forward-looking statements. The statements in this release are not
guarantees of future performance, and actual results could differ
materially from current expectations. Numerous factors could cause
or contribute to such differences. Please refer to “Risk Factors”
and “Cautionary Notice Regarding Forward-Looking Statements” in the
Company’s Form 10-K for the period ended December 31, 2023 as well
as the Company’s annual, quarterly and current reports filed on
Forms 10-K, 10-Q and 8-K from time to time with the SEC for a
further discussion of the factors and risks associated with the
business.
View source
version on businesswire.com: https://www.businesswire.com/news/home/20240710878468/en/
Investor Contact: Dave Pauli, Chief Financial Officer
414-223-7770 Media Contact: Angela Hersil, Vice President –
Corporate Communications 855-480-5050 414-808-0199
Corporate.Communications@zurnelkay.com
Zurn Elkay Water Solutions (NYSE:ZWS)
Historical Stock Chart
From Sep 2024 to Oct 2024
Zurn Elkay Water Solutions (NYSE:ZWS)
Historical Stock Chart
From Oct 2023 to Oct 2024