Watts Water Technologies, Inc. (WTS)

204.91 -1.71 (-0.83%) As of 11:24AM EDT. Market open.

Watts Water Technologies, Inc.

815 Chestnut Street
North Andover, MA 01845-6098
United States
978 688 1811
https://www.watts.com

Sector(s): Industrials
Industry: Specialty Industrial Machinery
Full-time employees: 5,100

Key executives

Name	Title	Pay	Exercised	Year born
Mr. Robert J. Pagano Jr., C.M.A., CPA	Chairman, President & CEO	3.16M	N/A	1963
Mr. Shashank Patel	Chief Financial Officer	1.22M	N/A	1961
Mr. Andre Dhawan	Chief Operating Officer	1.31M	N/A	1964
Mr. Kenneth R. Lepage	General Counsel, Chief Sustainability Officer & Secretary	1M	N/A	1971
Mr. Elie A. Melhem	President of Asia-Pacific, The Middle East & Africa	1.17M	N/A	1963
Ms. Virginia A. Halloran	Chief Accounting Officer	N/A	N/A	1980
Ms. Diane M. McClintock CPA	Senior Vice President of FP&A and Investor Relations	N/A	N/A	1968
Mr. Ram Ramakrishnan	Executive Vice President of Strategy & Business Development	N/A	N/A	N/A
Ms. Monica Barry	Chief Human Resources Officer	N/A	N/A	1971
Mr. James F. Dagley	President of Heating & Hot Water Solutions	N/A	N/A	N/A

Amounts are as of 31 December 2023, and compensation values are for the last fiscal year ending on that date. Pay includes salary, bonuses, etc. Exercised is the value of options exercised during the fiscal year. Currency in USD.

Description

Watts Water Technologies, Inc., together with its subsidiaries, supplies products and solutions that manage and conserve the flow of fluids and energy into, through, and out of buildings in the commercial, industrial, and residential markets in the Americas, Europe, the Asia-Pacific, the Middle East, and Africa. The company offers residential and commercial flow control and protection products, including backflow preventers, water pressure regulators, temperature and pressure relief valves, thermostatic mixing valves, leak detection and protection products, commercial washroom solutions, and emergency safety products and equipment for plumbing and hot water applications. It also provides heating, ventilation, and air conditioning and gas products comprising commercial boilers; water heaters and heating solutions; hydronic and electric heating systems for under-floor radiant applications; custom heat and hot water solutions; hydronic pump groups for boiler manufacturers and alternative energy control packages; and flexible stainless-steel connectors for natural and liquid propane gas in commercial food service and residential applications. In addition, the company offers drainage and water re-use products, such as drainage products, engineered rainwater harvesting solutions for commercial, industrial, marine, and residential applications; connected roof drain systems; and water quality products that include point-of-use and point-of-entry water filtration, conditioning, and scale prevention systems for commercial, marine, and residential applications. The company sells its products to plumbing, heating, and mechanical wholesale distributors and dealers; original equipment manufacturers; specialty product distributors; and do-it-yourself and retail chains, as well as wholesalers and private label accounts. Watts Water Technologies, Inc. was founded in 1874 and is headquartered in North Andover, Massachusetts.

Corporate governance

Watts Water Technologies, Inc.’s ISS governance QualityScore as of 1 April 2024 is 8. The pillar scores are Audit: 4; Board: 9; Shareholder rights: 10; Compensation: 4.

Corporate governance scores courtesy of Institutional Shareholder Services (ISS). Scores indicate decile rank relative to index or region. A decile score of 1 indicates lower governance risk, while 10 indicates higher governance risk.