Recent Updates — PNR
Pentair plc reported third-quarter 2026 sales of $976 million, a 4 percent decline from the prior year period. Core sales fell 5 percent excluding currency, acquisitions, and divestitures. GAAP diluted earnings per share were $0.91, down from $1.12 in Q3 2025, while adjusted EPS was $1.18 compared to $1.24 a year earlier. The company updated its full-year 2026 GAAP EPS guidance to approximately $3.76 and reaffirmed the midpoint of its previous adjusted EPS guidance at approximately $4.70. Pentair operates in the water technology industry, providing residential, commercial, and industrial water solutions.
Pentair plc appointed Robert W. Hau as Executive Vice President and Chief Financial Officer effective November 1, 2026, succeeding Interim CFO Robert P. Fishman. Mr. Hau previously served as CFO of Fiserv, Inc., TE Connectivity Ltd., Lennox International Inc., and Honeywell International. His compensation package includes a $775,000 annual base salary, a cash bonus target equal to 100% of base salary, an initial equity award of restricted stock units valued at $2,500,000, and a new hire cash bonus of $200,000 subject to repayment if he voluntarily terminates within two years. He is also eligible for annual equity incentives starting in 2027 and covered by a Key Executive Employment and Severance Agreement. Pentair plc operates in the water technology industry, providing products and services for residential, commercial, and industrial applications.
Pentair plc announced the resignation of Executive Vice President and Chief Financial Officer Nicholas J. Brazis, effective July 10, 2026, to pursue a private company opportunity. The Board of Directors appointed Robert P. Fishman as Interim Executive Vice President and Chief Financial Officer, effective July 14, 2026. Mr. Fishman, who previously held the CFO role until March 2026, will receive a monthly base salary of $125,000 and a $1,000,000 restricted stock unit grant. Additionally, the company issued a press release regarding preliminary second quarter 2026 earnings. Pentair plc is a water treatment and solutions company.