Mueller Water Products (MWA) executive compensation, 2025 proxy

Marietta Edmunds Zakas, Chief Executive Officer, was paid $6.9M in fiscal 2025, up 11% from $6.2M the year before. The CEO-to-median-employee pay ratio was 96:1, on median employee pay of $71,239.

Filed
December 19, 2025
Annual meeting
February 9, 2026
Pay year
fiscal 2025
Named executives
6
CEO total pay
$6.9M+11% vs prior year
CEO to median employee
96:1median $71,239
CEO pay in equity
56%$3.8M in awards
Prior say-on-pay support
92%of votes cast
Adjusted EBITDA
$326.2MPerformance metric for annual cash incentive
Adjusted Net Sales
$1,429.7MPerformance metric for annual cash incentive
rTSR Percentile
74thPerformance evaluation result
ROIC
16.40%Performance evaluation result

How Zakas was paid

$6.9M in total for fiscal 2025, as reported in the Summary Compensation Table. Equity awards are valued at grant, not at what they turned out to be worth.

Salary14%Stock awards43%Option awards12%Non-equity incentive30%All other compensation1%

Named executive officers

ExecutiveTotal
Marietta Edmunds ZakasChief Executive Officer$6,855,283
Paul McAndrewPresident and Chief Operating Officer$3,008,869
Melissa RasmussenSenior Vice President and Chief Financial Officer$2,593,070
Steven S. HeinrichsFormer Executive Vice President, Chief Financial Officer and Chief Legal and Compliance Officer$2,443,975
Todd P. HelmsSenior Vice President and Chief Human Resources Officer$1,438,377
Scott P. FloydSenior Vice President, Sales and Marketing$1,517,201

What changed and why

  • $6.9MFiscal 2025 total compensation for CEO Marietta Edmunds Zakas was $6,855,283, reflecting an increase from the prior year total.
  • 50%Adjusted EBITDA performance metric carried a relative weighting of 50 percent for annual cash incentive awards.
  • $1,429.7MAdjusted Net Sales reached $1,429.7 million and Adjusted EBITDA reached $326.2 million for fiscal 2025 performance evaluation.
  • 92%Stockholders previously supported the executive compensation program with an affirmative say-on-pay vote of approximately 92 percent.
  • Melissa Rasmussen joined as Senior Vice President and Chief Financial Officer during fiscal 2025.

About this page

Figures are automated and can be wrong; check the filing for the exact numbers. Totals follow SEC rules, which value stock and option awards at grant. Read the DEF 14A proxy statement for footnotes and the compensation committee's full reasoning.