Mueller Water Products, Inc. (MWA) Form 8-K — Oct 13, 2026
Mueller Water Products announced a planned CFO transition: Melissa Rasmussen will step down as SVP and CFO effective the first business day after the FY2026 10-K filing (anticipated around November 18-19, 2026). Mike Morgan, currently CFO of private industrial firm Indicor (IvyTree Holdings) and previously a decade-long Labcorp finance executive, joins as EVP Finance on October 28, 2026 and becomes CFO at the transition date. His package includes a $575,000 base salary, 80% bonus target, $700,000 sign-on bonus, and $1.3 million annual LTI target.
Key figures
- Transition date
- first business day after FY2026 10-K filing (anticipated November 18-19, 2026)
- Morgan lti target
- 1300000
- Morgan base salary
- 575000
- Morgan sign on bonus
- 700000
- Morgan commuter benefit
- 100000
- Morgan target bonus pct
- 80%
- Morgan initial equity award
- 500000
- Rasmussen retention payment
- 431897
- Rasmussen fy2027 target bonus
- 397250
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