Mueller Water Products, a manufacturer and marketer of potable water distribution solutions, announced multiple changes to its executive staff, effective immediately.
Scott Hall has stepped down as president, CEO, and member of the Board of Directors. Hall will serve in an advisory role at the Company to ensure a smooth transition of leadership.
"It has been an honor to lead Mueller for the last six years,” said Hall. “Mueller has an excellent team of dedicated employees who will continue to drive the Company's future success. I look forward to assisting in this transition, and I am confident that Martie, Steve, Paul, the Board and the talented management team will continue to provide steady leadership for the Company.”
Steve S. Heinrichs, current executive vice president, chief legal and compliance officer and corporate secretary, will serve as chief financial officer and chief legal and compliance office while the leadership transition is underway.
Marietta Edmunds Zakas, Mueller’s chief financial officer, has been appointed interim CEO while the company searches for a permanent CEO.
In addition, Paul McAndrew, senior vice president, operations and supply chain, has been appointed chief operating officer.
“We are delighted to have Martie serve as Chief Executive Officer,” said Mark J. O’Brien, board chair. “Having been a member of the company’s leadership for 16 years, Martie has a deep understanding of our business and strategy and has demonstrated passion and commitment to our people and mission. The Board is confident that, under Martie’s leadership, we will continue delivering on our strategic initiatives to achieve net sales growth and margin expansion for the benefit of all stakeholders, including our shareholders.”
“Steve and Paul are proven executives, and we are thrilled to be expanding their leadership roles at Mueller,” continued Mr. O’Brien. “Steve is deeply invested in Mueller’s financial and operational success and Paul has a long and successful track record in operational, engineering and sales leadership positions at leading global companies. In less than a year since he joined the Company, Paul has already made a tremendous impact and we look forward to him taking on an expanded role across the organization to drive operational excellence and deliver industry-leading customer service. We are confident in the future of Mueller as we enter this next phase of leadership.”
The company said that it will retain an executive search firm to assist in a search process to identify a permanent CEO, with both internal and external candidates being considered.
