Zurn Elkay Water Solutions Corporation filed SEC Form 8-K: Results of Operations and Financial Condition, Leadership Update, Financial Statements and Exhibits
$ZWS
Industrial Machinery/Components
Industrials
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934
Date of Report (Date of earliest event reported): July 10, 2024
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(855 ) 480-5050
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Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:
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Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).
Emerging growth company ☐
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Item 2.02 Results of Operations and Financial Condition.
On July 10, 2024, Zurn Elkay Water Solutions Corporation (the “Company” or “Zurn Elkay”) issued a press release that included a preview of its expected results for the second quarter and announcing that the Company will provide further details on the quarter and the outlook during an earnings call that will be scheduled for Wednesday, July 31, 2024. A copy of the press release is furnished herewith as Exhibit 99.1.
The information in this Item, including Exhibit 99.1, is “furnished” and shall not be deemed to be “filed” for purposes of Section 18 of the Securities Exchange Act of 1934 or otherwise subject to the liability of that section, nor shall it be deemed to be incorporated by reference in any filing under the Securities Act of 1933 or the Securities Exchange Act of 1934, regardless of any general incorporation language in such filing.
Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangement of Certain Officers.
On July 10, 2024, the Company announced that David J. Pauli, age 42, was promoted to the position of Chief Financial Officer (CFO). Mr. Pauli will oversee all aspects of the Company’s financial operations effective immediately, including financial planning and analysis, treasury, reporting, tax, internal audit and investor relations. Mr. Pauli joined the Company in 2012, having served in various roles of increasing responsibility, most recently as Corporate Controller since 2016 and Vice President – Investor Relations since 2021. He also served as a divisional Vice President – Finance and Assistant Corporate Controller. Prior to joining the Company, Mr. Pauli spent seven years with Deloitte, a full-service accounting firm.
The Company also announced that Mark W. Peterson, age 52, who joined the Company in 2006 and has served as CFO since 2011, becomes the Company’s Chief Administrative Officer effective immediately, overseeing human resources, enterprise risk, real estate and facilities management, and environmental health and safety.
Messrs. Pauli and Peterson will continue to participate in the Company executive compensation programs, which are described in the Company’s Definitive Proxy Statement filed on Schedule 14A with the Securities and Exchange Commission on March 22, 2024.
Item 9.01 Financial Statements and Exhibits.
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| 99.1 | ||||||||
| 104 | Cover Page Inline XBRL data embedded within the Inline XBRL document | |||||||
*This exhibit is furnished pursuant to Item 2.02 and shall not be deemed to be "filed."
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, Zurn Elkay Water Solutions Corporation has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized this 10th day of July, 2024.
ZURN ELKAY WATER SOLUTIONS CORPORATION
By: /s/ Jeffrey J. LaValle
Jeffrey J. LaValle
Vice President, General Counsel and Secretary