
Pentair (NYSE:PNR), a leader in helping the world sustainably move, improve, and enjoy water, life&#39;s most essential resource, today announced that David A. Jones, Chair of the Board, will retire from the Company&#39;s Board

<p xmlns="http://www.w3.org/1999/xhtml">
Pentair (NYSE:<a class="ticker" href="https://www.benzinga.com/quote/PNR">PNR</a>), a leader in helping the world sustainably move, improve, and enjoy water, life's most essential resource, today announced that David A. Jones, Chair of the Board, will retire from the Company's Board of Directors at the end of his current term as a director at Pentair's annual general meeting of shareholders on May 5, 2026. Jones has served on Pentair's Board of Directors since 2003 and has been Chairman since 2018.

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T. Michael Glenn, retired Executive Vice President, FedEx Corporation and Chief Executive Officer, FedEx Services, will assume the role of Chair following Jones&#39;s retirement. Glenn has served as an independent director on the Pentair Board since 2007 and has played a key role, notably as Chair of the Compensation Committee and as a member of the Governance Committee. Glenn brings extensive strategic, marketing and communications experience to the Board and has been an active participant in the development of Pentair's strategic plans and a strong proponent for strengthening the Company's branding and marketing initiatives.

</p><p xmlns="http://www.w3.org/1999/xhtml">
&#34;It has been a privilege to serve as Chair of the Pentair Board, and I appreciate the opportunity to contribute to the Company&#39;s achievements over the past 23 years," Jones said. "I am confident in Pentair&#39;s future, and believe the Board, led by Mike, will continue to guide the Company towards ongoing success.&#34;

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"The leadership at Pentair, both within the company and on the Board, continues to demonstrate why the Company is uniquely positioned to lead as a global water solutions provider," Glenn said. "I am grateful for Dave's guidance the past several years and am looking forward to taking on the Chair role."

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&#34;On behalf of our Board of Directors, I extend sincere appreciation for Dave&#39;s leadership and steady presence over the past two decades, as well as for his valuable expertise and the guidance he has provided to both our organization and myself,&#34; said John L. Stauch, President and CEO of Pentair. &#34;Looking forward, we are committed to creating lasting value for our employees, our customers, and our shareholders and I am confident that Mike is the ideal leader to guide us into the future.&#34;

</p><p xmlns="http://www.w3.org/1999/xhtml">
<b xmlns="http://www.w3.org/1999/xhtml">ABOUT PENTAIR PLC</b>

</p><p xmlns="http://www.w3.org/1999/xhtml">
At Pentair, we help the world sustainably move, improve, and enjoy water, life's most essential resource. From our residential and commercial water solutions, to industrial water management and everything in between, Pentair is a core large cap value S&amp;P 500 equity stock focused on smart, sustainable water solutions that help our planet and people thrive.

</p><p xmlns="http://www.w3.org/1999/xhtml">
Pentair had revenue in 2025 of approximately $4.2 billion, and trades under the ticker symbol PNR. With approximately 9,000 global employees serving customers in more than 150 countries, we work to help improve lives and the environment around the world. To learn more, visit <a xmlns="http://www.w3.org/1999/xhtml" rel="nofollow" href="https://cts.businesswire.com/ct/CT?id=smartlink&amp;url=http%3A%2F%2Fwww.pentair.com&amp;esheet=54458180&amp;newsitemid=20260320612586&amp;lan=en-US&amp;anchor=www.pentair.com&amp;index=1&amp;md5=babbd16a93a1383a87d2c3372f933ff3" shape="rect">www.pentair.com</a>.

</p><p xmlns="http://www.w3.org/1999/xhtml"><img xmlns="http://www.w3.org/1999/xhtml" alt="" src="https://cts.businesswire.com/ct/CT?id=bwnews&amp;sty=20260320612586r1&amp;sid=benz2&amp;distro=nx&amp;lang=en" style="width:0;height:0"></img><span xmlns="http://www.w3.org/1999/xhtml" class="bwct31415"></span></p><p xmlns="http://www.w3.org/1999/xhtml" id="mmgallerylink"><span xmlns="http://www.w3.org/1999/xhtml" id="mmgallerylink-phrase">View source version on businesswire.com: </span><span xmlns="http://www.w3.org/1999/xhtml" id="mmgallerylink-link"><a xmlns="http://www.w3.org/1999/xhtml" href="https://www.businesswire.com/news/home/20260320612586/en/" rel="nofollow">https://www.businesswire.com/news/home/20260320612586/en/</a></span></p><p xmlns="http://www.w3.org/1999/xhtml">
<b xmlns="http://www.w3.org/1999/xhtml">PENTAIR CONTACTS: 
</b><br xmlns="http://www.w3.org/1999/xhtml"></br>Shelly Hubbard
<br xmlns="http://www.w3.org/1999/xhtml"></br>Vice President, Investor Relations
<br xmlns="http://www.w3.org/1999/xhtml"></br>Direct: 763-656-5575
<br xmlns="http://www.w3.org/1999/xhtml"></br>Email: <a xmlns="http://www.w3.org/1999/xhtml" rel="nofollow" href="mailto:shelly.hubbard@pentair.com" shape="rect">shelly.hubbard@pentair.com</a>

</p><p xmlns="http://www.w3.org/1999/xhtml">
Rebecca Osborn
<br xmlns="http://www.w3.org/1999/xhtml"></br>Vice President, Communications
<br xmlns="http://www.w3.org/1999/xhtml"></br>Direct: 763-656-5589
<br xmlns="http://www.w3.org/1999/xhtml"></br>Email: <a xmlns="http://www.w3.org/1999/xhtml" rel="nofollow" href="mailto:rebecca.osborn@pentair.com" shape="rect">rebecca.osborn@pentair.com</a>

</p>

Pentair Announces Retirement of Chairman of the Board David A. Jones and Appointment of T. Michael Glenn

Leadership Transition at Pentair Could Boost Future Growth Initiatives

<section class="insight" data-version="1">
  <section data-block="information">
    <h3>Information</h3>
    <p>Pentair (NYSE:PNR), a leader in helping the world sustainably move, improve, and enjoy water, life&amp;#39;s most essential resource, today announced that David A. Jones, Chair of the Board, will retire from the Company&amp;#39;s Board</p>
  </section>

  <section data-block="ai-summary-paragraph">
    <h3>AI Summary</h3>
    <p>Pentair&#039;s announcement of David A. Jones&#039;s retirement and T. Michael Glenn&#039;s appointment as Chair may signal a renewed focus on strategic growth initiatives. This transition, occurring before the company&#039;s annual meeting in May 2026, is accompanied by confidence in future performance due to Glenn&#039;s extensive experience in branding and strategy.</p>
  </section>

  <section data-block="ai-summary-bullets">
    <h3>Key Points</h3>
    <ul><li>David A. Jones will retire as Chair of Pentair by May 2026.</li><li>T. Michael Glenn will become the new Chair of the Board.</li><li>Glenn has significant experience in strategic and branding initiatives.</li><li>The transition reflects confidence in Pentair&#039;s ongoing success.</li><li>Pentair reported approximately $4.2 billion in revenue for 2025.</li></ul>
  </section>

  <section data-block="companies-mentioned">
    <h3>Companies Mentioned</h3>
    <ul><li><strong>FedEx Corporation (FDX)</strong>: T. Michael Glenn&#039;s FedEx background could enhance Pentair&#039;s strategic direction.</li></ul>
  </section>

  <section data-block="category">
    <h3>Corporate Developments</h3>
    <p>The announcement falls under Corporate Developments as it pertains to internal leadership changes. Such changes can significantly impact a company&#039;s strategic direction and investor sentiment.</p>
  </section>

  <section data-block="market-moving">
    <h3>Market-Moving</h3>
    <ul><li>Glenn&#039;s background in FedEx may enhance Pentair&#039;s strategic initiatives.</li><li>Potential for renewed investor confidence due to leadership transition.</li><li>Market perceptions may shift positively around Pentair&#039;s growth strategy.</li><li>Board changes could affect stock performance in the lead-up to the annual meeting.</li></ul>
  </section>

  <section data-block="key-facts">
    <h3>Key Facts</h3>
    <ul><li>David A. Jones has been a board member since 2003.</li><li>Jones has served as Chairman since 2018.</li><li>T. Michael Glenn has served on the board since 2007.</li><li>Pentair&#039;s revenue for 2025 was approximately $4.2 billion.</li><li>The annual general meeting is scheduled for May 5, 2026.</li></ul>
  </section>

  <section data-block="trading-thesis">
    <h3>Trading Thesis</h3>
    <p>Consider accumulating PNR shares as leadership change may drive strategic growth in the medium term.</p>
  </section>
</section>


<p xmlns="http://www.w3.org/1999/xhtml">
Pentair (NYSE:<a class="ticker" href="https://www.benzinga.com/quote/PNR">PNR</a>), a leader in helping the world sustainably move, improve, and enjoy water, life's most essential resource, today announced that David A. Jones, Chair of the Board, will retire from the Company's Board of Directors at the end of his current term as a director at Pentair's annual general meeting of shareholders on May 5, 2026. Jones has served on Pentair's Board of Directors since 2003 and has been Chairman since 2018.

</p><p xmlns="http://www.w3.org/1999/xhtml">
T. Michael Glenn, retired Executive Vice President, FedEx Corporation and Chief Executive Officer, FedEx Services, will assume the role of Chair following Jones&#39;s retirement. Glenn has served as an independent director on the Pentair Board since 2007 and has played a key role, notably as Chair of the Compensation Committee and as a member of the Governance Committee. Glenn brings extensive strategic, marketing and communications experience to the Board and has been an active participant in the development of Pentair's strategic plans and a strong proponent for strengthening the Company's branding and marketing initiatives.

</p><p xmlns="http://www.w3.org/1999/xhtml">
&#34;It has been a privilege to serve as Chair of the Pentair Board, and I appreciate the opportunity to contribute to the Company&#39;s achievements over the past 23 years," Jones said. "I am confident in Pentair&#39;s future, and believe the Board, led by Mike, will continue to guide the Company towards ongoing success.&#34;

</p><p xmlns="http://www.w3.org/1999/xhtml">
"The leadership at Pentair, both within the company and on the Board, continues to demonstrate why the Company is uniquely positioned to lead as a global water solutions provider," Glenn said. "I am grateful for Dave's guidance the past several years and am looking forward to taking on the Chair role."

</p><p xmlns="http://www.w3.org/1999/xhtml">
&#34;On behalf of our Board of Directors, I extend sincere appreciation for Dave&#39;s leadership and steady presence over the past two decades, as well as for his valuable expertise and the guidance he has provided to both our organization and myself,&#34; said John L. Stauch, President and CEO of Pentair. &#34;Looking forward, we are committed to creating lasting value for our employees, our customers, and our shareholders and I am confident that Mike is the ideal leader to guide us into the future.&#34;

</p><p xmlns="http://www.w3.org/1999/xhtml">
<b xmlns="http://www.w3.org/1999/xhtml">ABOUT PENTAIR PLC</b>

</p><p xmlns="http://www.w3.org/1999/xhtml">
At Pentair, we help the world sustainably move, improve, and enjoy water, life's most essential resource. From our residential and commercial water solutions, to industrial water management and everything in between, Pentair is a core large cap value S&amp;P 500 equity stock focused on smart, sustainable water solutions that help our planet and people thrive.

</p><p xmlns="http://www.w3.org/1999/xhtml">
Pentair had revenue in 2025 of approximately $4.2 billion, and trades under the ticker symbol PNR. With approximately 9,000 global employees serving customers in more than 150 countries, we work to help improve lives and the environment around the world. To learn more, visit <a xmlns="http://www.w3.org/1999/xhtml" rel="nofollow" href="https://cts.businesswire.com/ct/CT?id=smartlink&amp;url=http%3A%2F%2Fwww.pentair.com&amp;esheet=54458180&amp;newsitemid=20260320612586&amp;lan=en-US&amp;anchor=www.pentair.com&amp;index=1&amp;md5=babbd16a93a1383a87d2c3372f933ff3" shape="rect">www.pentair.com</a>.

</p><p xmlns="http://www.w3.org/1999/xhtml"><img xmlns="http://www.w3.org/1999/xhtml" alt="" src="https://cts.businesswire.com/ct/CT?id=bwnews&amp;sty=20260320612586r1&amp;sid=benz2&amp;distro=nx&amp;lang=en" style="width:0;height:0"></img><span xmlns="http://www.w3.org/1999/xhtml" class="bwct31415"></span></p><p xmlns="http://www.w3.org/1999/xhtml" id="mmgallerylink"><span xmlns="http://www.w3.org/1999/xhtml" id="mmgallerylink-phrase">View source version on businesswire.com: </span><span xmlns="http://www.w3.org/1999/xhtml" id="mmgallerylink-link"><a xmlns="http://www.w3.org/1999/xhtml" href="https://www.businesswire.com/news/home/20260320612586/en/" rel="nofollow">https://www.businesswire.com/news/home/20260320612586/en/</a></span></p><p xmlns="http://www.w3.org/1999/xhtml">
<b xmlns="http://www.w3.org/1999/xhtml">PENTAIR CONTACTS: 
</b><br xmlns="http://www.w3.org/1999/xhtml"></br>Shelly Hubbard
<br xmlns="http://www.w3.org/1999/xhtml"></br>Vice President, Investor Relations
<br xmlns="http://www.w3.org/1999/xhtml"></br>Direct: 763-656-5575
<br xmlns="http://www.w3.org/1999/xhtml"></br>Email: <a xmlns="http://www.w3.org/1999/xhtml" rel="nofollow" href="mailto:shelly.hubbard@pentair.com" shape="rect">shelly.hubbard@pentair.com</a>

</p><p xmlns="http://www.w3.org/1999/xhtml">
Rebecca Osborn
<br xmlns="http://www.w3.org/1999/xhtml"></br>Vice President, Communications
<br xmlns="http://www.w3.org/1999/xhtml"></br>Direct: 763-656-5589
<br xmlns="http://www.w3.org/1999/xhtml"></br>Email: <a xmlns="http://www.w3.org/1999/xhtml" rel="nofollow" href="mailto:rebecca.osborn@pentair.com" shape="rect">rebecca.osborn@pentair.com</a>

</p>

Pentair's announcement of David A. Jones's retirement and T. Michael Glenn's appointment as Chair may signal a renewed focus on strategic growth initiatives. This transition, occurring before the company's annual meeting in May 2026, is accompanied by confidence in future performance due to Glenn's extensive experience in branding and strategy.

Pentair Announces Retirement of Chairman of the Board David A. Jones and Appointment of T. Michael Glenn

AI Summary

Sentiment Rationale

Trading Thesis

Market-Moving

Key Facts

Companies Mentioned

Corporate Developments

Related News