Company Announcement - Franklin Electric Co., Inc. has appointed Jennifer Wolfenbarger as Chief Financial Officer (CFO) and Chief Accounting Officer, aiming to shape the company's financial future and oversee fiscal accountability [1][3] Executive Background - Wolfenbarger has held divisional CFO roles at notable manufacturing companies such as Caterpillar, Stryker, and Owens Corning, where she managed strategic planning and financial reporting for a $4 billion global insulation business [2][3] Leadership Perspective - CEO Joe Ruzynski praised Wolfenbarger's exceptional experience and value-driven approach, highlighting her potential to enhance continuous improvement within the company [3] Community Engagement - Throughout her career, Wolfenbarger has contributed to her community by serving as Treasurer on not-for-profit boards and mentoring at Indiana University's Kelley School of Business [3] Company Overview - Franklin Electric is a global leader in producing and marketing systems and components for water and energy movement, serving various sectors including residential, commercial, and industrial applications [4] Recognition - The company has received accolades such as being listed in Newsweek's America's Most Responsible Companies 2024 and Best Places to Work in Indiana 2024, reflecting its commitment to corporate responsibility and employee satisfaction [4]

Leadership Changes - Jennifer L. Sherman has been elected as Chairperson of Franklin Electric Co., Inc. effective May 2, 2025, for a term expiring at the 2026 Annual Meeting of Shareholders [1] - Mark A. Carano has been appointed as a director effective May 7, 2025, for a term expiring at the 2027 Annual Meeting of Shareholders [1] Experience and Background - Jennifer L. Sherman has been a Director of Franklin Electric since 2015 and is currently the President and CEO of Federal Signal Corporation [1] - Mark A. Carano has extensive experience in finance and manufacturing, having served as CFO of SPX Technologies, Insteel Industries, and Big River Steel, along with 14 years in investment banking [1][2] Strategic Focus - Ms. Sherman expressed confidence in Mr. Carano's financial and manufacturing sector experience, highlighting its potential value for the company's growth through accretive acquisitions [3] Company Overview - Franklin Electric is a global leader in the production and marketing of systems and components for the movement of water and energy, serving various sectors including residential, commercial, agricultural, industrial, municipal, and fueling applications [4] - The company has received recognition in multiple categories, including Newsweek's lists of America's Most Responsible Companies 2024 and Greenest Companies 2025 [4]

About Franklin Electric Franklin Electric is a global leader in the production and marketing of systems and components for the movement of water and energy. Recognized as a technical leader in its products and services, Franklin Electric serves customers around the world in residential, commercial, agricultural, industrial, municipal, and fueling applications. Franklin Electric is proud to be named in Newsweek's lists of America's Most Responsible Companies and Most Trustworthy Companies for 2024 and Americ ...