Zurn Elkay Water Solutions Corporation (NYSE: ZWS) announced today the promotion of Dave Pauli, 42, to Chief Financial Officer (CFO). Effective immediately, Pauli will oversee all aspects of Zurn Elkay’s financial operations, including financial planning and analysis, treasury, reporting, tax, internal audit, and investor relations. This promotion follows the transition of Mark Peterson, 52, who has been with the company since 2006 and served as CFO since 2011, to the role of Chief Administrative Officer. In his new position, Peterson will manage human resources, enterprise risk, real estate and facilities management, and environmental health and safety.
“This well-deserved promotion recognizes the breadth and depth of Dave’s leadership as well as the success of our development and succession plans,” said Todd A. Adams, Chairman and CEO. “Dave, Mark, and I have worked closely together for more than 10 years. During that time, Dave gained incredible experience across all facets of the company, preparing him to step into this role.
“Mark has been, and will continue to be, an integral partner for me. I am thrilled that he is staying on as Chief Administrative Officer and for the leadership continuity. It’s Mark’s commitment to succession planning and the Zurn Elkay Business System that has helped build deep bench strength and paved the way for a seamless transition.”
Pauli joined Zurn Elkay in 2012 as Assistant Corporate Controller, later taking on financial planning and analysis (FP&A) responsibilities. He subsequently served as a divisional Vice President – Finance before being named Corporate Controller in 2016. In 2021, he added investor relations to his responsibilities. Pauli began his career with Deloitte, spending seven years with the firm’s audit practice.
Second-Quarter Results
“We see our preliminary second quarter results in line to slightly ahead of the outlook range we provided earlier in the quarter,” said Adams. “We will provide further details on the quarter and our outlook during an earnings call scheduled for Wednesday, July 31, 2024.”