---
schema_version: "secwatch.filing_event.v1"
accession: "0001558370-22-014779"
form_type: "8-K"
ticker: "WTS"
cik: "0000795403"
company_name: "WATTS WATER TECHNOLOGIES INC"
filed_at: "2022-10-03T23:59:59+00:00"
generated_at: "2026-06-23T06:11:38.141509+00:00"
event_type: "leadership"
sentiment: "neutral"
materiality_score: 0.3
calibrated_materiality_score: 0.3
confidence: "high"
source: SEC EDGAR
---

# Watts Water reduces Munish Nanda's salary ahead of planned retirement in May 2023

## Summary
- Mr. Nanda stepped down as President of Americas & Europe on Aug 15; continues in transition role.
- Effective Oct 1, 2022: annual salary cut from $548,500 to $274,250; target bonus halved to 32.5%.
- Starting Jan 1, 2023: salary drops to $10,000/month; no bonus, no auto allowance; financial planning allowance limited to 2022.
- Planned retirement from Watts Water in May 2023.

## SEC filing metadata
- accession: 0001558370-22-014779
- form_type: 8-K
- ticker: WTS
- cik: 0000795403
- company_name: WATTS WATER TECHNOLOGIES INC
- filed_at: 2022-10-03T23:59:59+00:00
- event_type: leadership
- sentiment: neutral
- materiality_score: 0.3
- calibrated_materiality_score: 0.3
- confidence: high
- sec_items: 5.02
- EDGAR index: https://www.sec.gov/Archives/edgar/data/795403/000155837022014779/0001558370-22-014779-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/795403/000155837022014779/wts-20221001x8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001558370-22-014779
- JSON: https://secwatch.observer/filing/0001558370-22-014779.json
- Plain text: https://secwatch.observer/filing/0001558370-22-014779.txt

## Key facts
- Executive change
  Munish Nanda changed role as President of the Americas & Europe at WATTS WATER TECHNOLOGIES INC.
  - Action: stepped down
  - Role: President of the Americas & Europe
  source text: Munish Nanda stepped down as President of the Americas & Europe of the Company.
  evidence_url: https://www.sec.gov/Archives/edgar/data/795403/000155837022014779/0001558370-22-014779-index.htm

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