Mueller Water Products Appoints Melissa Rasmussen as CFO
Portfolio - People | Jan 16, 2025 | EIN
Mueller Water Products, Inc., a prominent manufacturer of water transmission, distribution, and measurement products in North America, has appointed Melissa Rasmussen as its new Senior Vice President and Chief Financial Officer, effective March 4, 2025. Mueller undertook a comprehensive search with the assistance of a leading executive search firm. Melissa Rasmussen, a seasoned financial executive, previously served as the CFO of National Vision, Inc., and has a rich professional background with over 25 years spanning various financial management roles, including mergers, acquisitions, and financial planning. Her appointment comes at a vital time when Mueller is focused on enhancing operational efficiency and addressing the challenges of aging water infrastructure. CEO Martie Edmunds Zakas emphasized Rasmussen's ability to develop talent, execute strategic initiatives, and deliver long-term shareholder value. Meanwhile, the outgoing CFO, Steve Heinrichs, will be transitioning and remain available for consulting through to September 30, 2025. Mueller Water Products plays a crucial role in helping municipalities in the US improve their operational efficiencies and manage water resources more effectively, with a robust portfolio ranging from valves and hydrants to advanced metering and leak detection systems.
Sectors
- Water Infrastructure
- Manufacturing
Geography
- North America – Mueller Water Products operates within the North American region, providing solutions to municipalities for water infrastructure challenges.
- United States – The company is headquartered in the United States, where it predominantly conducts its operations.
Industry
- Water Infrastructure – Mueller Water Products is involved in manufacturing products for water transmission and distribution, crucial for water infrastructure development and maintenance.
- Manufacturing – Mueller Water Products is a leading manufacturer of products used in water systems, such as valves, hydrants, and metering products.
Financials
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| Mueller Water Products, Inc. | Target Company | Company | A leading manufacturer and marketer of water infrastructure products in North America. |
| Melissa Rasmussen | Person-CFO Appointee | People | Appointed as the new CFO of Mueller Water Products, previously CFO at National Vision, Inc. |
| Steve Heinrichs | Outgoing CFO | People | Previous CFO and Chief Legal and Compliance Officer, now transitioning to a consulting role. |
| National Vision, Inc. | Former Employer of Melissa Rasmussen | Company | An optical retail chain where Melissa Rasmussen served as CFO. |
| Lexmark International, Inc. | Former Employer of Melissa Rasmussen | Company | Company where Melissa Rasmussen began her career. |