Zurn Elkay (NYSE: ZWS) elevates Pauli to COO and Klun to CFO
Filing Impact
Filing Sentiment
Form Type
8-K
Rhea-AI Filing Summary
Zurn Elkay Water Solutions Corporation filed a current report describing executive promotions and a preview of expected second-quarter results.
The company promoted former Chief Financial Officer Dave Pauli to Chief Operating Officer, overseeing operations, supply chain and IT, and elevated long-time finance leader Dan Klun to CFO, responsible for all financial functions. Management stated that second-quarter performance is tracking very much in line, with detailed results and a second-half outlook to be discussed on an earnings call scheduled for late July.
Positive
- None.
Negative
- None.
Insights
Leadership roles are reshuffled internally while performance guidance remains qualitatively steady.
Zurn Elkay is shifting two seasoned insiders into key roles, moving Dave Pauli from CFO to COO and appointing long-time finance executive Dan Klun as CFO. Both have lengthy tenures at the company, which supports continuity in strategy and execution.
The release also notes second-quarter results are tracking very much in line, without providing numerical guidance. Overall, this points to an internal succession move rather than a strategic change, with business performance framed as consistent heading into the late-July earnings call.
8-K Event Classification
3 items: 2.02, 5.02, 9.01
3 items
Item 2.02
Results of Operations and Financial Condition
Financial
Disclosure of earnings results, typically an earnings press release or preliminary financials.
Item 5.02
Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers
Governance
Key personnel changes including departures, elections, or appointments of directors and executive officers.
Item 9.01
Financial Statements and Exhibits
Exhibits
Financial statements, pro forma financial information, and exhibit attachments filed with this report.
Key Figures
Sales growth: more than double over five years
COO age: 44 years
CFO age: 51 years
+5 more
8 metrics
Sales growth
more than double over five years
Company sales growth over the past five years as cited by CEO
COO age
44 years
Age of new Chief Operating Officer Dave Pauli
CFO age
51 years
Age of new Chief Financial Officer Dan Klun
President age
43 years
Age of company President Jeff Schoon
Klun experience
nearly 30 years
Klun’s financial and accounting experience with public companies
Pauli tenure
since 2012
Year Dave Pauli joined Zurn Elkay
Klun tenure
since 2005
Year Dan Klun joined Zurn Elkay
Earnings call timing
late July
Planned timing for second-quarter earnings call
Key Terms
forward-looking statements, executive compensation programs, Zurn Elkay Business System (ZEBS), second quarter results, +1 more
5 terms
forward-looking statements regulatory
"Information in this release may involve outlook, expectations, beliefs, plans, intentions, strategies or other statements regarding the future, which are forward-looking statements."
Forward-looking statements are predictions or plans that companies share about what they expect to happen in the future, like estimating sales or profits. They matter because they help investors understand a company's outlook, but since they are based on guesses and assumptions, they can sometimes be wrong.
executive compensation programs financial
"Messrs. Klun and Pauli will continue to participate in the Company executive compensation programs, which are described in the Company’s Definitive Proxy Statement..."
Zurn Elkay Business System (ZEBS) financial
"As we look ahead, guided by the Zurn Elkay Business System (ZEBS), we are positioned to build on our strong track record of growth..."
A Zurn Elkay Business System (ZEBS) is a company-specific operating playbook that standardizes how teams design, make and deliver products or services—covering processes like quality checks, supply chain steps and continuous improvement. For investors, such a system matters because a clear, repeatable playbook can lower costs, reduce risk and make performance more predictable—similar to a well-tested recipe that yields the same good result every time.
second quarter results financial
"Our second quarter results are tracking very much in-line with one month left to go, and we look forward to discussing our second quarter results..."
Inline XBRL technical
"104 | Cover Page Inline XBRL data embedded within the Inline XBRL document"
Inline XBRL is a file format for financial filings that embeds machine-readable data tags directly inside the human-readable report, so the same document can be read by people and parsed by software. For investors it makes extracting, comparing and verifying financial numbers faster and more reliable—like a grocery list where each item also has a barcode—reducing manual errors and speeding up analysis.
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934
Date of Report (Date of earliest event reported): May 27, 2026
| (Exact name of Registrant as specified in its charter) | ||
| (State or Other Jurisdiction of Incorporation) | (Commission File Number) | (I.R.S. Employer Identification No.) | ||||||||||||
| (Address of principal executive offices) | (Zip Code) | |||||||||||||
(855 ) 480-5050
(Registrant's telephone number, including area code)
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:
Securities registered pursuant to Section 12(b) of the Act:
| Title of Each Class | Trading Symbol(s) | Name of Each Exchange on Which Registered | ||||||
Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).
Emerging growth company ☐
If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐
Item 2.02 Results of Operations and Financial Condition.
On May 27, 2026, Zurn Elkay Water Solutions Corporation (the “Company” or “Zurn Elkay”) issued a press release that included a preview of its expected results for the second quarter and announcing that the Company will provide further details on the second quarter and second half outlook during an earnings call that will occur in late July. A copy of the press release is furnished herewith as Exhibit 99.1.
The information in this Item, including Exhibit 99.1, is “furnished” and shall not be deemed to be “filed” for purposes of Section 18 of the Securities Exchange Act of 1934 or otherwise subject to the liability of that section, nor shall it be deemed to be incorporated by reference in any filing under the Securities Act of 1933 or the Securities Exchange Act of 1934, regardless of any general incorporation language in such filing.
Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangement of Certain Officers.
On May 27, 2026, the Company announced that David J. Pauli, who currently serves as Chief Financial Officer (CFO), was promoted to the position of Chief Operating Officer (COO), effective immediately. In this role, Mr. Pauli will continue to report to Todd Adams, the Chair of the Board and Chief Executive Officer of the Company, and will be responsible for overseeing all of the Company’s operations, supply chain management and information technology, focusing on operational excellence and executing the Company’s strategic plan initiatives. Mr. Pauli, age 44, joined the Company in 2012 and has served in various roles of increasing responsibility, most recently as CFO since 2024.
The Company also announced that Daniel J. Klun was promoted to the position of CFO. Mr. Klun will report to Mr. Adams and will oversee all aspects of the Company’s financial operations effective immediately, including financial planning and analysis, treasury, financial reporting, tax, internal audit and investor relations. Mr. Klun, age 51, joined the Company in 2005, and has served in various roles of increasing responsibility, most recently as Vice President, Finance since 2017 and prior to that as Vice President, Corporate Controller. Mr. Klun brings nearly 30 years of financial and accounting experience with public companies and started his career in public accounting.
Messrs. Klun and Pauli will continue to participate in the Company executive compensation programs, which are described in the Company’s Definitive Proxy Statement filed on Schedule 14A with the Securities and Exchange Commission on March 12, 2026.
Item 9.01 Financial Statements and Exhibits.
| Exhibit No. | Description | |||||||
| 99.1 | Press Release, dated May 27, 2026* | |||||||
| 104 | Cover Page Inline XBRL data embedded within the Inline XBRL document | |||||||
*This exhibit is furnished pursuant to Item 2.02 and shall not be deemed to be "filed."
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, Zurn Elkay Water Solutions Corporation has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized this 27th day of May, 2026.
ZURN ELKAY WATER SOLUTIONS CORPORATION
By: /s/ Jeffrey J. LaValle
Jeffrey J. LaValle
Vice President, General Counsel and Secretary
Exhibit 99.1
Zurn Elkay Water Solutions Announces Executive Promotions
MILWAUKEE, May 27, 2026—Zurn Elkay Water Solutions Corporation (NYSE: ZWS) announced today the promotion of Dave Pauli, 44, to the position of Chief Operating Officer (COO), reporting to Todd A. Adams, Chairman and CEO. Pauli will oversee all of the company’s operations, supply chain management and information technology, focusing on operational excellence and executing the company’s strategic plan initiatives.
Dan Klun, 51, is being promoted to the role of Chief Financial Officer (CFO), also reporting to Adams. Klun will oversee all aspects of Zurn Elkay’s financial operations effective immediately, including financial planning and analysis, treasury, financial reporting, tax, internal audit and investor relations. He joined the company in 2005 and has served in various roles of increasing responsibility, most recently as Vice President – Finance since 2017 and prior to that as Vice President – Corporate Controller. Klun brings nearly 30 years of financial and accounting experience with public companies and started his career in public accounting.
“We’re thrilled to announce the promotion of two highly accomplished senior executives who will continue to drive our results in both the near and long term,” said Todd A. Adams, Chairman and CEO. We’ve built an organization and culture that prioritizes focus, development and succession — strengths that have helped us more than double sales over the past five years while achieving record levels of profitability and cash flow.
“As we look ahead, guided by the Zurn Elkay Business System (ZEBS), we are positioned to build on our strong track record of growth, performance, and continuity — driven by the organizational structure we’re announcing today. Continuing to guide these efforts is our company President, Jeff Schoon, 43, who joined the company in 2010 and will continue to report to me. These moves position Jeff to invest more time on our growth initiatives and strategic priorities of growing our served markets, while building on Dave’s financial and operational experience to further leverage his leadership capabilities across the organization. Finally, having worked with Dan for more than 25 years, I’m excited and confident in his readiness to serve as CFO. He knows our business extraordinarily well.”
Pauli joined Zurn Elkay in 2012 as Assistant Corporate Controller, later adding responsibility for financial planning and analysis (FP&A). He went on to serve as a divisional Vice President – Finance before being named Corporate Controller in 2016 and Chief Financial Officer in 2024.
Second-Quarter Results
“Our second quarter results are tracking very much in-line with one month left to go, and we look forward to discussing our second quarter results and second half outlook in late July," said Adams.
About Zurn Elkay Water Solutions
Named one of America’s Most Responsible Companies and one of America’s Greenest Companies by Newsweek and one of the World’s Best Companies for Sustainable Growth by TIME, Zurn Elkay Water Solutions is headquartered in Milwaukee, Wisconsin, and is a growth-oriented, pure-play water management business that designs, procures, manufactures and markets what we believe to be the broadest sustainable product portfolio of specification-driven water management solutions to improve health, hydration, human safety and the environment. The Zurn Elkay product portfolio includes professional grade water safety and control products, flow systems products, hygienic and environmental products and filtered drinking water products for public and private spaces. Learn more at zurnelkay.com.
Cautionary Statement on Forward-Looking Statements
Information in this release may involve outlook, expectations, beliefs, plans, intentions, strategies or other statements regarding the future, which are forward-looking statements. These forward-looking statements involve risks and uncertainties. All forward-looking statements included in this release are based on information available to Zurn Elkay Water Solutions as of the date of this release, and Zurn Elkay Water Solutions assumes no obligation to update any such forward-looking statements. The statements in this release are not guarantees of future performance, and actual results could differ materially from current expectations. Numerous factors could cause or contribute to such differences. Please refer to “Risk Factors” and “Cautionary Notice Regarding Forward-Looking Statements” in our report on Form 10-K for the period ended December 31, 2025, as well as the Company’s subsequent annual, quarterly and current reports filed on Forms 10-K, 10-Q and 8-K from time to time with the Securities and Exchange Commission for a further discussion of the factors and risks associated with the business.
Media Contact:
Angela Hersil, VP – Marketing & Communications and Sustainability
855-480-5050 or 414-808-0199, Corporate.Communications@zurnelkay.com
Investor Contact:
Bobbi Belstner, Vice President and Corporate Controller
414-361-0122
FAQ
What executive changes did Zurn Elkay (ZWS) announce in this 8-K?
Zurn Elkay promoted former CFO Dave Pauli to Chief Operating Officer and elevated long-time finance leader Dan Klun to Chief Financial Officer. Both report to Chairman and CEO Todd Adams and will oversee operations, supply chain, IT, and all key finance functions, respectively.
How did Zurn Elkay (ZWS) describe its second-quarter 2026 performance?
Management said second-quarter results are tracking very much in line with one month left in the quarter. Detailed financial results and the second-half outlook will be discussed during an earnings call planned for late July, according to the company’s disclosure.
What is the new role and responsibility of Dave Pauli at Zurn Elkay (ZWS)?
Dave Pauli has been promoted to Chief Operating Officer, continuing to report to CEO Todd Adams. He will oversee all company operations, supply chain management, and information technology, with a focus on operational excellence and executing Zurn Elkay’s strategic plan initiatives across the organization.
What experience does new CFO Dan Klun bring to Zurn Elkay (ZWS)?
New CFO Dan Klun joined Zurn Elkay in 2005 and has nearly 30 years of financial and accounting experience with public companies. He previously served as Vice President – Finance and Vice President – Corporate Controller, overseeing key finance functions before assuming the CFO role.
Will Zurn Elkay (ZWS) provide more details on its 2026 second-quarter outlook?
Yes. Zurn Elkay plans to discuss full second-quarter results and its second-half 2026 outlook on an earnings call in late July. The company’s press release previewed that performance is currently tracking in line as the quarter approaches completion.
Do the promoted executives at Zurn Elkay (ZWS) remain in company compensation programs?
Yes. The filing states that both Dan Klun and Dave Pauli will continue to participate in Zurn Elkay’s executive compensation programs. Those programs are described in the company’s Definitive Proxy Statement filed on Schedule 14A with the SEC on March 12, 2026.