---
schema_version: "secwatch.filing_event.v1"
accession: "0001350593-26-000038"
form_type: "8-K"
ticker: "MWA"
cik: "0001350593"
company_name: "Mueller Water Products, Inc."
filed_at: "2026-10-13T11:04:44+00:00"
generated_at: "2026-10-13T11:10:08.528033+00:00"
event_type: "leadership"
sentiment: "neutral"
materiality_score: 0.55
calibrated_materiality_score: 0.55
confidence: "high"
source: SEC EDGAR
---

# Mueller Water names Mike Morgan CFO; Melissa Rasmussen exits after FY2026 10-K

## Summary
- Rasmussen steps down as SVP/CFO effective the first business day after the FY2026 Form 10-K is filed (expected ~Nov 19, 2026); no disagreement with the company cited.
- Mike Morgan named EVP, Finance effective Oct 28, 2026, then EVP/CFO at the transition; he was CFO of Indicor/IvyTree and a Labcorp (LH) SVP of Enterprise Finance.
- Morgan terms: $575,000 base salary, 80% target bonus, $1.3M target long-term incentive starting FY2027, $500,000 initial equity award, $700,000 cash sign-on bonus.
- Rasmussen receives a $431,897 retention payment, FY2026 bonus based on actual performance, and severance under the Executive Severance Plan; advisory role through Dec 31, 2026 at current salary.
- Morgan also gets a $100,000 annual commuter benefit; severance is 2.0x base salary, or 2.0x salary plus target bonus with full equity vesting if terminated within two years of a change in control.

## SEC filing metadata
- accession: 0001350593-26-000038
- form_type: 8-K
- ticker: MWA
- cik: 0001350593
- company_name: Mueller Water Products, Inc.
- filed_at: 2026-10-13T11:04:44+00:00
- event_type: leadership
- sentiment: neutral
- materiality_score: 0.55
- calibrated_materiality_score: 0.55
- confidence: high
- sec_items: 5.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1350593/000135059326000038/0001350593-26-000038-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1350593/000135059326000038/mwa-20261012.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001350593-26-000038
- JSON: https://secwatch.observer/filing/0001350593-26-000038.json
- Plain text: https://secwatch.observer/filing/0001350593-26-000038.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.