Zurn Elkay Water Solutions Corporation (NYSE: ZWS) announced today the promotion of Dave Pauli, 42, to the role of Chief Financial Officer (CFO). Effective immediately, Pauli will oversee all financial operations at Zurn Elkay, including financial planning and analysis, treasury, reporting, tax, internal audit, and investor relations. This promotion coincides with Mark Peterson, 52, who has been with the company since 2006 and served as CFO since 2011, transitioning to the position of Chief Administrative Officer. In his new role, Peterson will manage human resources, enterprise risk, real estate and facilities management, and environmental health and safety.
“This promotion is a testament to Dave’s exceptional leadership and the success of our ongoing development and succession planning efforts,” said Todd A. Adams, Chairman and CEO. “Dave, Mark, and I have collaborated closely for over a decade. Dave’s extensive experience across all facets of our company has prepared him well for this pivotal role.
“Mark has been and will continue to be a crucial partner for me. I am delighted that he will serve as Chief Administrative Officer, ensuring continuity in leadership. Mark’s dedication to succession planning and the Zurn Elkay Business System has been instrumental in cultivating strong talent and facilitating a smooth transition.”
Pauli joined Zurn Elkay in 2012 as Assistant Corporate Controller and subsequently took on additional responsibilities including financial planning and analysis (FP&A). He later served as Vice President – Finance for a division before assuming the role of Corporate Controller in 2016. In 2021, Pauli expanded his role to include investor relations. He began his career at Deloitte, where he spent seven years in the firm’s audit practice.
Second-Quarter Results
“We are pleased to report that our preliminary second-quarter results are within or slightly above the guidance range we provided earlier in the quarter,” Adams noted. “Further details on our quarterly performance and outlook will be provided during our earnings call scheduled for Wednesday, July 31, 2024.”
About Zurn Elkay Water Solutions
Recognized as one of America’s Most Responsible Companies 2024 by Newsweek for the fourth consecutive year, Zurn Elkay Water Solutions is headquartered in Milwaukee, WI. It is a growth-oriented, specialized water management company that designs, procures, manufactures, and markets a comprehensive portfolio of sustainable water management solutions. These solutions enhance health, hydration, human safety, and environmental sustainability across public and private spaces. The Zurn Elkay product lineup includes professional-grade water safety and control products, flow systems products, hygienic and environmental products, and filtered drinking water solutions. For more information, visit www.zurnelkay.com.
Forward-Looking Statements
This release may contain forward-looking statements regarding outlook, expectations, beliefs, plans, intentions, strategies, or other statements about the future. These statements involve risks and uncertainties. All forward-looking statements are based on information available to Zurn Elkay Water Solutions Corporation as of the release date, and the company assumes no obligation to update any forward-looking statements. Actual results could differ materially from current expectations due to various factors. For a detailed discussion of these factors and risks, please refer to the “Risk Factors” and “Cautionary Notice Regarding Forward-Looking Statements” sections in the Company’s Form 10-K for the year ended December 31, 2023, as well as the Company’s quarterly and current reports filed on Forms 10-Q and 8-K with the SEC.
