Watts Water Technologies appoints Suzanne L. Stefany to board of directors

Watts Water Technologies (NYSE:WTS) announced Monday that Suzanne L. Stefany has been elected to its board of directors, effective Sunday. Stefany will serve until the company’s 2026 annual meeting of stockholders or until a successor is duly elected and qualified. She was also appointed to the Governance and Sustainability Committee and the Compensation Committee.

According to the company’s statement, Stefany currently serves as Senior Advisor to PJT Partners, an advisory-focused investment bank, a role she has held since October 2024. She was previously a partner at PJT Partners from 2017 to October 2024. Prior to joining PJT Partners, Stefany was a Managing Director and Global Industry Analyst at Wellington Management Company.

Stefany is also a director at AMETEK Inc., a position she has held since 2022. She previously served as a director of JELD-WEN Holding Inc. from 2017 until April 2024.

Watts Water Technologies entered into its standard form of indemnification agreement with Stefany in connection with her election. The agreement provides indemnity, including advancement of expenses, to directors and certain officers to the fullest extent permitted by Delaware law.

As part of her compensation, Stefany will receive a grant of 351 shares of class A common stock under the company’s stock incentive plan, representing three quarters of the value of the annual grant to non-employee directors. She will also receive a pro-rated amount of the normal annual cash retainer for non-employee directors.

The company stated there are no transactions involving Stefany that require disclosure under Item 404(a) of Regulation S-K.

This information is based on a statement from a recent SEC filing.

In other recent news, Watts Water Technologies reported its third-quarter earnings for 2025, surpassing market expectations. The company achieved earnings per share (EPS) of $2.50, outperforming the forecast of $2.27. Revenue also exceeded projections, reaching $612 million compared to the anticipated $576.23 million. In addition to these financial results, Watts Water Technologies announced the appointment of Suzanne L. Stefany to its Board of Directors. Stefany will serve on the Governance and Sustainability Committee and the Compensation Committee. Her previous experience includes roles as a Senior Advisor and Partner at PJT Partners, as well as a Managing Director and Global Industry Analyst with Wellington Management Company. These developments mark significant updates for the company, reflecting both strong financial performance and strategic leadership appointments.

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