Watts Water Names Ryan Lada CFO Effective July 28, 2025, Succeeding Shashank Patel
Watts Water Technologies appointed Ryan Lada as Chief Financial Officer, effective when his employment begins on July 28, 2025. Shashank Patel steps down as CFO on that date and will provide transition services until he retires. The change replaces the company's top finance executive, with Lada's pay and equity terms set out in the filing.
Key points
- Ryan Lada, age 38, becomes CFO effective July 28, 2025; he previously was CFO and Treasurer at The AZEK Company, which he left July 11, 2025.
- Shashank Patel steps down as CFO effective July 28, 2025, then provides transition services until his planned retirement.
- Lada's initial base salary is $525,000, with a target bonus of 75% of base salary under the Executive Incentive Bonus Plan.
- Lada will receive a deferred stock award valued at $500,000 that vests one-third each year over three years.
The filing
Written by AI on Nov 8, 2026, 12:56 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on July 14, 2025.
Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.