Pentair plc filed a Form 8-K on September 22, 2026, disclosing the appointment of Robert W. Hau as Executive Vice President and Chief Financial Officer, effective November 1, 2026, at which time Interim CFO Robert P. Fishman will resign from that role.

Key Highlights

  • New CFO appointment: Robert W. Hau, age 60, was appointed Executive Vice President and Chief Financial Officer of Pentair plc, effective November 1, 2026.
  • Interim CFO departure: Robert P. Fishman will resign as Interim Executive Vice President and Chief Financial Officer on that same effective date.
  • Base salary: Mr. Hau will receive an annual base salary of $775,000.
  • Bonus target: Mr. Hau's annual cash bonus target opportunity is 100% of his base salary, prorated for 2026.
  • Equity award: Mr. Hau will receive an initial equity award of restricted stock units with a grant date fair value of $2,500,000, cliff vesting after five years.
  • New hire cash bonus: Mr. Hau will receive a $200,000 cash bonus, subject to repayment if he voluntarily terminates employment within two years of his hire date.
  • Prior CFO experience: Mr. Hau previously served as CFO at Fiserv, Inc. from 2016 to 2025, and held CFO roles at TE Connectivity Ltd., Lennox International Inc., and Honeywell International, Inc.

Pentair Board Approves Hau Compensation and Severance Terms

According to the filing, Pentair plc's Board of Directors appointed Mr. Hau on September 21, 2026. Mr. Hau had already joined the company as Senior Vice President, Finance on September 15, 2026. The Compensation Committee of the Board approved all compensation terms for his CFO role. In addition to his base salary and bonus target, the filing states he will be eligible to receive an annual equity incentive award beginning in 2027 and to participate in standard benefit plans available to other executive officers as disclosed in the company's 2026 Proxy Statement.

The filing further discloses that Mr. Hau will enter into a Key Executive Employment and Severance Agreement (the "KEESA"). According to the filing, the KEESA provides that Mr. Hau "could be entitled to certain severance and other benefits following a 'change in control' (as defined in the KEESA) of the Company if Mr. Hau is involuntarily terminated, other than for death, disability or 'cause' (as defined in the KEESA), or if Mr. Hau terminates his employment for conditions that constitute 'good reason' (as defined in the KEESA)." The filing notes that the description of the KEESA is qualified in its entirety by reference to the full text filed as Exhibit 10.27 to Pentair's Annual Report on Form 10-K for the year ended December 31, 2025.

Mr. Hau's prior experience, as described in the filing, includes serving as Special Advisor at Fiserv from 2025 to March 31, 2026; Executive Vice President and CFO at TE Connectivity Ltd. from 2012 to 2016; Executive Vice President and CFO at Lennox International Inc. from 2009 to 2012; and Vice President and CFO for the aerospace business group at Honeywell International, Inc. from 2006 to 2009. The filing was signed on behalf of the registrant by Lance T Bonner, Executive Vice President, General Counsel and Secretary.

What Was Disclosed

Pentair plc (NYSE:PNR) disclosed the appointment of Robert W. Hau as its next CFO, his compensation package including a $775,000 base salary, a $2,500,000 restricted stock unit award, and a $200,000 new hire cash bonus, along with the concurrent planned resignation of Interim CFO Robert P. Fishman.