Pentair CFO departs, slashes Q2 and full-year guidance on Pool inventory destocking

Filed July 14, 2026 · Period ending July 10, 2026 · ~1 min read

Key Changes

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  CFO Nicholas Brazis resigned July 10 to join a private company; former CFO Robert Fishman returns as Interim CFO with $125k monthly salary and $1M RSU grant vesting in one year.

  Item 5.02 — Departure of Directors or Certain Officers; Election of Directors; Compensation verify on EDGAR →
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  Q2 sales now expected at ~$930M (down 17% vs. prior up ~1% guide) and adjusted EPS at ~$1.12 (vs. prior $1.47–$1.50), driven by ~$170M Pool segment sales hit and ~$105M income impact from channel inventory destocking.

  Exhibit 99.1 view on EDGAR →
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  Full-year 2026 sales guidance cut to down 4%–7% (from up 2%–4%) and adjusted EPS to $4.60–$4.80 (from $5.30–$5.40), with Pool channel destocking expected to reduce segment sales by ~$250M and income by ~$155M.

  Exhibit 99.1 view on EDGAR →