Pentair Appoints Former Fiserv CFO Bob Hau as New Finance Chief
Water treatment company Pentair has appointed Bob Hau, a former CFO of Fiserv and Honeywell executive, as its new Chief Financial Officer (CFO) effective November 1. This follows the interim leadership by Bob Fishman, who returned to the role in July after retiring from it five months earlier. Hau brings extensive financial experience across multiple industries including payments, technology, and aerospace. His compensation includes a base salary of $775,000, an annual cash bonus potential up to 100% of his pay, and equity awards valued at $2.5 million. The leadership change occurs as Pentair navigates declining sales in its pool segment while preparing for the upcoming 2027 pool season. The company is also working toward closing a $1.4 billion acquisition of Taco Group Holdings to expand into high-growth markets like HVAC and data centers, supported by infrastructure investment trends. To fund this deal, Pentair secured credit facilities totaling $1.4 billion through its subsidiary. Pentair's CEO emphasized the strategic importance of Hau’s appointment in driving performance and long-term value creation as part of broader efforts to strengthen financial leadership.
Topics: CFO corporate governance leadership change