Mueller Water Products Appoints Michael Morgan as Chief Financial Officer
Mueller Water Products Names Michael Morgan as Executive Vice President and CFO, With Leadership Transition Beginning October 28, 2026
Mueller Water Products, Inc., a leading manufacturer and marketer of products and solutions for water transmission, distribution and measurement across North America, has announced a planned transition in its finance leadership. Michael Morgan will join the company as Executive Vice President, Finance, effective October 28, 2026, and is expected to assume the role of Executive Vice President and Chief Financial Officer on or around November 19, 2026, following the filing of the company’s annual report for the fiscal year ended September 30, 2026.
Melissa Rasmussen will continue as CFO through the annual report filing and remain with Mueller in an advisory capacity until December 31, 2026, to support an orderly transition.
Morgan brings more than 30 years of financial and operational leadership experience. He currently serves as CFO of Indicor, a diversified industrial company, where he oversees enterprise finance strategy, capital allocation and portfolio optimisation. Previously, he spent a decade at Labcorp as Senior Vice President of Enterprise Finance and CFO of its Biopharma Laboratory Services and Diagnostics segments, leading financial strategy, enterprise financial planning and analysis and acquisition integration.
Earlier in his career, Morgan held finance, operational and commercial leadership positions at The Timken Company, including Vice President and Group Controller. He also held finance leadership and investor relations roles at PerkinElmer. He holds an MBA with concentrations in Finance and Accounting from the University of Notre Dame and a bachelor’s degree in Economics and Political Science from Miami University.
Mueller President and CEO Paul McAndrew said Morgan’s industrial finance experience and operational background would support business performance, profitable growth and the advancement of the Mueller Operating System. Morgan said he looks forward to strengthening execution, supporting disciplined investment and contributing to the company’s long-term growth strategy.
McAndrew also thanked Rasmussen for her contributions to the finance organisation and her support in ensuring a smooth transition. The company clarified that Rasmussen’s departure is not related to any disagreement concerning its financial statements, internal controls, operations, policies or practices.
