Executive leadership changes at Pentair

Pentair plc has made three appointments to its executive leadership team, with Bob Fishman as executive vice president (EVP), chief financial officer and chief accounting officer; Mario D’Ovidio as EVP and president of the Consumer Solutions segment; and Jerome Pedretti as EVP and president of the Industrial & Flow Technologies segment.

All three will report to Pentair president and CEO John Stauch.

Fishman, who joined Pentair on 20 April 2020, is expected to assume the EVP, CFO and CAO roles on 1 May 2020. Mark Borin, whose resignation as CFO was announced earlier this year, is expected to remain with Pentair until early June.

Fishman was formerly EVP and chief financial and accounting officer for NCR Corp.

D’Ovidio, who joins Pentair on 4 May 2020, was most recently SVP, Sales, Service and Ownership Solutions at Electrolux.

Pedretti has been with Pentair for nearly 15 years, working across Business Development, EMEA, Valves & Controls and Aquatic Systems and most recently leading the Industrial and Flow Technologies Segment.

Pentair is also eliminating the role of chief operating officer (COO) effective 6 June 2020. Karl Frykman, Pentair's EVP and COO, will work with D’Ovidio and Pedretti to ensure a smooth transition of the segments and businesses, and will also continue to work with CEO Stauch in an advisory capacity until the end of the year.

“Karl joined Pentair in 2000, and nearly tripled the Pool business revenue and more than quadrupled the pool income during his tenure. His leadership and deep expertise in the water and pool industry drove industry-leading product innovation, enabled a customer-first sales team, elevated customer loyalty, and shaped one of the best, most respected team of pool experts in the industry,” said Stauch.

“I am grateful for Karl’s quiet confidence, his measured and steady leadership style, and strong counsel to me, and I look forward to his continued advice this year as we continue to execute our residential and commercial water treatment strategies,” said Stauch.