Mueller Water Products Will Appoint New Finance Chief
The Atlanta-based manufacturer will transition to a new CFO on November 19, 2026, following its annual reporting cycle.
Updated on Oct. 12, 2026 in People
Live Poll
Does a change in executive leadership change your trust in a company's future performance?
Mueller Water Products will install Michael Morgan as its new Chief Financial Officer on or about November 19, 2026. Morgan, who brings 30 years of experience, will initially join the Atlanta-based company as Executive Vice President of Finance on October 28, 2026.
Why it matters
The leadership change arrives as Mueller prepares to close its fiscal year on September 30, 2026, and finalize its upcoming Annual Report on Form 10-K. Stability during this executive transition will be key as the company manages its North American operations.
Incoming CFO Michael Morgan brings 30 years of professional experience to the firm, succeeding Melissa Rasmussen. The company plans to finalize this leadership shift following the filing of its Annual Report for the fiscal year that ended September 30, 2026.
The players
Mueller Water Products
An Atlanta-based manufacturer of water distribution and metering products operating across North America.
Michael Morgan
The incoming CFO with 30 years of experience who currently serves as the finance chief at Indicor.
Melissa Rasmussen
The outgoing Chief Financial Officer who is transitioning into an advisory role at the firm.
The details
Michael Morgan will step into the role of Executive Vice President of Finance on October 28, 2026, before assuming the CFO title in November. Current CFO Melissa Rasmussen will assist with the transition, serving in an advisory capacity until December 31, 2026. The company confirmed that this leadership departure is not the result of any disagreement with the firm.
Timeline
September 30, 2026: Mueller Water Products fiscal year end.
October 28, 2026: Michael Morgan starts as Executive Vice President of Finance.
November 19, 2026: Michael Morgan assumes the Chief Financial Officer role.
December 31, 2026: Melissa Rasmussen completes her advisory tenure.
Market Landscape
Public companies frequently align senior executive transitions with the conclusion of the fiscal year and the mandatory SEC filing of the Annual Report on Form 10-K. This approach ensures that the outgoing CFO oversees the final audit while the successor initiates their tenure with a clean slate for the new fiscal cycle.
Operators should monitor the company's 2026 Annual Report on Form 10-K for potential shifts in fiscal guidance following the change in leadership. Evaluate your own reporting cycles to ensure that executive transitions do not overlap with critical tax or regulatory filing windows.
The takeaway
Executive transitions represent a significant operational change that is often scheduled to coincide with year-end financial filings to ensure continuity. Business owners should review their own internal succession plans to confirm that key financial leadership roles have clear hand-off periods before major reporting deadlines.
What happens next
The company expects to file its Annual Report on Form 10-K following the September 30, 2026, fiscal year-end.
Further reading
For more on executive shifts and leadership trends, see our coverage of People.
Live Poll
Does a change in executive leadership change your trust in a company's future performance?
