Mueller Water Products Names Michael Morgan as New Chief Financial Officer
Mueller Water Products, Inc. (NYSE:MWA) announced that Michael Morgan will join the company as Executive Vice President of Finance on October 28, 2026, and assume the Chief Financial Officer role around November 19, 2026. He will succeed Melissa Rasmussen, who will remain with the firm in an advisory role through December 31, 2026, to ensure a seamless leadership transition.
Morgan brings over three decades of finance and operating experience, most recently serving as CFO of industrial firm Indicor. His background also includes decade-long executive roles at Labcorp, alongside earlier positions at The Timken Company and PerkinElmer. Mueller Water Products noted that the management change is not related to any disagreements regarding accounting policies, financial disclosures, or internal controls.
Investors will look for Morgan to formally take over the CFO seat following the filing of the company's annual report for the fiscal year ended September 30, 2026. The incoming executive is expected to focus on financial strategy, capital allocation, and driving execution across the business as the company advances its operating system.
Key points
- Michael Morgan will become CFO of Mueller Water Products on or about November 19, 2026.
- Current CFO Melissa Rasmussen will assist with the transition through December 31, 2026.
- Morgan brings more than 30 years of finance experience, including senior roles at Indicor and Labcorp.
- The company confirmed the change is not due to any disagreement over financial accounting or operations.
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How we writeDisclaimerQuestions and answers
Who is the new CFO of Mueller Water Products?
Michael Morgan has been appointed Executive Vice President of Finance effective October 28, 2026, and will become Chief Financial Officer on or about November 19, 2026.
Why is Mueller Water Products changing CFOs?
The planned transition comes as current CFO Melissa Rasmussen steps down after the annual report filing. Mueller Water Products stated the transition is not due to any disagreements over financial statements or accounting practices.
What experience does Michael Morgan bring to Mueller Water Products?
Morgan has over 30 years of experience, having served as CFO of Indicor and holding executive financial roles at Labcorp, The Timken Company, and PerkinElmer.