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    Marietta Edmunds Zakas

    Chief Executive Officer at Mueller Water Products Inc
    Board
    Since May 1, 2024
    Age
    65 years
    Education
    Holds a Bachelor of Arts degree from Randolph-Macon Woman's College, a Master of Business Administration from the University of Virginia Darden School of Business, and a Juris Doctor from the University of Virginia School of Law.
    Tenure
    Joined Mueller Water Products in November 2006 and advanced through roles including Senior Vice President, Executive Vice President and CFO, President from August 2023 to May 2024, before being named Chief Executive Officer in May 2024.

    Also at Mueller Water Products Inc

    CAC
    Chason A. Carroll
    Senior Vice President, General Counsel, and Corporate Secretary
    MR
    Melissa Rasmussen
    Senior Vice President and Chief Financial Officer (CFO)
    PM
    Paul McAndrew
    President and Chief Operating Officer

    About

    Marietta Edmunds Zakas, born in 1959 and currently 65 years old as of November 20, 2024, has built a notable career through roles in finance and strategic leadership.

    Graduated with a Bachelor of Arts from Randolph-Macon Woman's College, a Master of Business Administration from the University of Virginia Darden School of Business, and a Juris Doctor from the University of Virginia School of Law, she has established a strong educational foundation that underpins her professional endeavors.

    Beginning her career at Morgan Stanley and later holding key roles at Equifax and Russell Corporation, she joined Mueller Water Products in November 2006. Over the years, she has excelled in several leadership positions—serving as Senior Vice President, Executive Vice President and CFO, and President—before assuming her current role as Chief Executive Officer on May 1, 2024.

    $MWA Performance Under Marietta Edmunds Zakas

    Past Roles

    OrganizationRoleDate RangeDetails
    Mueller Water Products President and Chief Executive Officer August 2023 - May 2024 Former CEO role prior to current appointment
    Mueller Water Products Executive Vice President and Chief Financial Officer January 2018 - August 2023 Former role
    Mueller Water Products Senior Vice President, Strategy, Corporate Development and Communications November 2006 - December 2017 Former role
    Mueller Water Products Interim Head of Human Resources January 2016 - December 2017 Former role, concurrent with other senior positions
    Russell Corporation Corporate Vice President, Chief of Staff, Business Development, and Treasurer; Vice President and Treasurer 2002 - 2006 Key role in the firm’s acquisition by Berkshire Hathaway
    Equifax, Inc. Corporate Vice President, Director of Investor Relations, and Corporate Secretary 1993 - 2000 Held various senior leadership roles
    Morgan Stanley Vice President, Investment Banking Division 1988 - 1991 Began career in investment banking

    External Roles

    OrganizationRoleDate RangeDetails
    National Alliance of Manufacturers (NAM) Board Member Starting 2025 Will begin serving in 2025
    University of Virginia Darden School Foundation Board of Trustees 2023 - Present Academic board role
    BlueLinx Holdings Inc. Director N/A Active role
    Manufacturers Alliance Board Member N/A Active role

    Fixed Compensation

    Data from  FY 2024
    Component NameAmountPayment ScheduleAdditional Details
    Base Salary $900,000 AnnuallyFY2024 base salary
    Bonus $270,000 AnnuallyFY2024 bonus compensation
    All Other Compensation $71,603 AnnuallyIncludes Vehicle Allowance: $24,000 ; Financial Planning: $10,000 ; 401(k) Contributions: $17,000 ; Life & LTD Insurance: $13,967 ; Other (Physical exam reimbursement): $6,636

    Performance Compensation

    Data from  FY 2024

    Non-Equity Incentive Plan Compensation for FY2024

    MetricWeightThresholdTarget ($USD)Maximum ($USD)
    Adjusted EBITDA 50% Not stated N/AN/A
    Adjusted Net Sales 25% Not stated N/AN/A
    Adjusted Working Capital as % of Net Sales 15% Not stated N/AN/A
    ESG-Related Operational Goals 10% Not stated N/AN/A

    Overall Incentive Figures:

    MetricValue
    Target Incentive $990,000
    Maximum Incentive $1,980,000
    Actual Payout $1,664,562
    Evaluation Period Fiscal 2024
    Payment Schedule Paid in December 2024

    Payout is determined based on performance against the above metrics as set by the Compensation Committee.