Mueller Water Products to Change Chief Financial Officer
Michael Morgan will become Mueller Water Products’ CFO after a transition, while Melissa Rasmussen remains an adviser through December 31, 2026.
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what happened
Mueller Water Products has appointed Michael Morgan as executive vice president of finance from October 28, 2026. He is expected to take over as executive vice president and chief financial officer around November 19, once the company submits its report for the fiscal year ended September 30, 2026, GlobeNewswire reported.
Melissa Rasmussen will retain the CFO position until that filing and then assist Mueller as an adviser through December 31, 2026. Newsmetry API said the change is not connected to a dispute with the company. A separate filing put Rasmussen’s total compensation for 2025 at $2.6 million.
Morgan brings more than 30 years of experience and joins from industrial company Indicor, where he was CFO. He previously spent about a decade at Labcorp, overseeing finance for its Biopharma Laboratory Services and Diagnostics businesses. Earlier roles included finance, operating and commercial leadership positions at The Timken Company and PerkinElmer.
why it matters
The appointment affects Mueller’s financial planning, capital allocation and execution of its operating strategy. Investors will focus on the handover timetable and continuity during Rasmussen’s advisory period.
instruments
sources
- Mueller Water Products Appoints Michael Morgan as Chief Financial Officer — globenewswire.com, 12 October 2026 at 20:36 UTC
- Mueller Water Products Names Michael Morgan as CFO — Newsmetry API, 12 October 2026 at 21:02 UTC
prepared by the newsmetry newsroom with ai assistance from the sources listed below. not investment advice.
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