Mueller Water Products (MWA) has provided an update.
Marietta Edmunds Zakas has been reaffirmed as CEO of the company, maintaining her role since August 2023, with no changes to her compensation. Concurrently, Paul McAndrew steps up as President and COO, with a new compensation agreement including a pro-rated annual salary, a target bonus, and a one-time stock grant. Additionally, the company is advancing its board refreshment strategy by appointing Christian A. Garcia as a non-voting board observer, with plans to make him an independent director. These leadership updates coincide with amendments to the company’s Bylaws to reflect the new appointments.
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