Mueller Water Products Provides Update on Leadership Team and Board Refreshment

Appoints Marietta Edmunds Zakas as Chief Executive Officer

Promotes Current Chief Operating Officer Paul McAndrew to President

Welcomes Brian Healy and Christian Garcia to the Board of Directors

ATLANTA, May 06, 2024 (GLOBE NEWSWIRE) -- Mueller Water Products, Inc. (NYSE: MWA) (“Mueller” or the “Company”) today announced that Marietta (“Martie”) Edmunds Zakas has been appointed Chief Executive Officer. Ms. Zakas has served as the Company’s CEO and President since August 2023 and previously served as Chief Financial Officer. Ms. Zakas’ appointment followed a comprehensive and competitive internal and external search process conducted by the Board with the support of a leading executive search firm. In addition, Paul McAndrew, Chief Operating Officer, has been promoted to President. These changes are effective immediately.

“The Board performed a thorough process to identify our next CEO, and it is clear that Martie is the right leader for Mueller,” said Stephen C. Van Arsdell, Board Chair. “Many already know Martie well, and few know Mueller better than she does. Under her leadership, despite a challenging external environment, Mueller has delivered strong results with a focus on long-term sustainable growth. In addition, we have continued to enhance Mueller through key external hires, internal promotions and organizational realignment.   We are confident in Martie’s ability to unlock Mueller's full potential as we enter this exciting next chapter for Mueller and the water infrastructure industry.”

Ms. Zakas said, “It is an honor to continue in the role of CEO. Mueller plays a critical role in helping our customers deliver clean, safe drinking water to millions of people. I am excited about the opportunities our talented and committed employees have to build on our strong foundation of industry-leading brands and deep channel and end customer relationships. As we address the challenges of aging water infrastructure across our markets with our products and solutions, I am confident that the Company is well-positioned to continue to deliver profitable growth in the months and years ahead. I look forward to working with Paul, the Board, and the rest of the team as we continue to execute our strategy and enhance shareholder value.”