DEFA14A: Zurn Elkay Water Solutions Corporation Announces Annual Stockholder Meeting

Zurn Elkay Water Solutions Corporation will hold its annual stockholder meeting on May 1, 2025, to elect directors, approve executive compensation, amend the performance incentive plan, and ratify the selection of Ernst & Young LLP as the independent auditor.

Summary

• Zurn Elkay Water Solutions Corporation is holding its Annual Meeting of Stockholders on May 1, 2025, at 9:00 a.m. Central Time at 511 W. Freshwater Way, Milwaukee, Wisconsin.
• Stockholders of record as of March 4, 2025, are eligible to vote.
• The meeting will cover the election of four directors: Mark S. Bartlett, Don Butler, Timothy J. Jahnke, and David C. Longren.
• There will be an advisory vote to approve the compensation of Zurn Elkay's named executive officers.
• Stockholders will vote on the approval of the amendment to, and restatement of, the Zurn Elkay Water Solutions Corporation Performance Incentive Plan.
• The ratification of Ernst & Young LLP as the independent registered public accounting firm for the year ending December 31, 2025, will also be voted on.
• The Board of Directors recommends a vote FOR each of the director nominees and FOR Proposals 2, 3, and 4.

Sentiment

Score: 7

Explanation: The document is a standard proxy statement, indicating a neutral sentiment. It outlines routine corporate governance matters.

Positives

• The company is holding its annual meeting to address key governance matters.
• Stockholders have the opportunity to vote on important issues such as director elections and executive compensation.
• The Board of Directors is providing clear recommendations on how to vote on each proposal.

Future Outlook

The document outlines the agenda for the upcoming annual meeting, focusing on key governance matters and providing shareholders with the opportunity to vote on important proposals.

Management Comments

• The Board of Directors recommends a vote FOR each of the nominees listed in Proposal 1, and FOR Proposals 2, 3 and 4.

Industry Context

This is a standard proxy statement outlining the business to be conducted at the annual meeting, which is a routine part of corporate governance for publicly traded companies.

Stakeholder Impact

• Shareholders will have the opportunity to vote on key issues affecting the company's governance and direction.
• The outcome of the votes will influence the composition of the Board of Directors and the company's executive compensation policies.

Next Steps

• Stockholders should review the proxy materials and vote on the proposals.
• The company will hold its Annual Meeting on May 1, 2025.

Key Dates

Keywords

Annual Meeting, Stockholders, Proxy Statement, Zurn Elkay, Directors, Executive Compensation, Performance Incentive Plan, Ernst & Young, Auditor, Voting