Mueller Water Products Inc.
02/23/2026 | Press release | Distributed by Public on 02/23/2026 16:01
Management Change/Compensation (Form 8-K)
Item 5.02. Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.
On February 17, 2026, the Compensation and Human Resources Committee of the Board of Directors (the "Board") of Mueller Water Products, Inc. (the "Company") recommended, and the Board approved, the appointment of Scott Floyd as the Company's Executive Vice President and Chief Commercial Officer, effective February 23, 2026. This change resulted from the Company's continued implementation of its management development and succession plans and is intended to continue to position the Company for long-term success.
Mr. Floyd, age 56, has served as the Company's Senior Vice President, Sales and Marketing since March 2024. He previously served as the Company's Senior Vice President, Water Flow Solutions from October 2021 to March 2024, as Senior Vice President, Infrastructure from June 2020 to September 2021, and as Vice President and General Manager - Specialty Valves from February 2019 to May 2020. Prior to that, Mr. Floyd served in a number of positions of increasing responsibility with the Company since 1998.
In connection with his appointment as the Company's Executive Vice President and Chief Commercial Officer, Mr. Floyd's base salary was increased to $550,000 and his target annual bonus opportunity for fiscal year 2026 was increased to 70% of his base salary. Mr. Floyd also received an equity award grant with an aggregate value of $125,000, structured consistently with our long-term incentive award program, to maintain his target long-term incentive award opportunity for fiscal year 2026. Mr. Floyd will be eligible to receive the perquisites associated with his new position.
There are no family relationships between Mr. Floyd and any Company director or executive officer, and no arrangements or understandings between Mr. Floyd and any other person pursuant to which he was selected as an officer. Since October 1, 2024, there have been no transactions, and there are no currently proposed transactions, to which the Company was or is a participant and in which Mr. Floyd had or is to have a direct or indirect material interest that would require disclosure pursuant to Item 404(a) of Regulation S-K.
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