Watts Water Technologies Appoints Todd A. Trapp as Chief Financial Officer
By Business Wire News
By Business Wire News
NORTH ANDOVER, Mass.
Watts Water Technologies, Inc. (NYSE: WTS) today announced the appointment of Todd A. Trapp as Chief Financial Officer effective April 9, 2015.
Mr. Trapp comes to Watts from Honeywell International Inc., where he most recently held the position of Vice President of Financial Planning and Analysis, responsible for leading the annual and strategic planning processes for the $40 billion conglomerate. During his twelve-year career at Honeywell, Mr. Trapp also served as Chief Financial Officer of the Airlines Business Unit and Vice President of Business Analysis and Planning for the Aerospace Division, Director of Finance for the Transportation Systems Division, Investor Relations Manager and other senior finance positions. Prior to joining Honeywell, Mr. Trapp held several treasury and finance operational roles at United Business Media, Inc. and Pearson Inc. Mr. Trapp holds a BS in Accounting from Providence College and an MBA in Finance from Northeastern University.
“Todd brings to Watts a strong, proven track record of leading strategic and operational planning, building high performing teams and driving value creation. These are keys to the future success of Watts,” said Robert J. Pagano, Jr., President and Chief Executive Officer. “Todd’s broad base of global and financial experience and his deep understanding of financial processes are exactly what we need to help us execute on our global business transformation initiatives, grow our core business and deliver increased value for our shareholders. I look forward to working closely with Todd as a key member of the senior management team.”
Watts Water Technologies, Inc., through its subsidiaries, is a world leader in the manufacture of innovative products to control the efficiency, safety, and quality of water within residential, commercial, and institutional applications. Watts Water’s expertise in a wide variety of water technologies enables Watts Water to be a comprehensive supplier to the water industry.
Watts Water Technologies, Inc.
Timothy M. MacPhee, 978-688-1811
Vice President of Investor Relations