Watts Water Technologies has announced that Ryan Lada has been appointed chief financial officer effective July 28, 2025. Lada succeeds current Chief Financial Officer Shashank Patel, who previously announced his intent to retire in October 2024.

Lada joins Watts from the AZEK Company, where he most recently served as senior vice president, chief financial officer and treasurer and was responsible for overseeing AZEK’s enterprise-wide financial operations, overall financial and capital allocation strategy, and investor relations efforts. Lada departed AZEK on July 11, 2025, following its acquisition by James Hardie Industries.

Chief Executive Officer, President and Chair of the Board Robert J. Pagano Jr. said, “We are excited to welcome Ryan to Watts as our next CFO. Ryan brings a track record for driving performance at leading global manufacturing companies and delivering exceptional results. He is a proven leader offering strong financial acumen, strategic vision, global M&A experience, and operating rigor. We are confident that Ryan will be a key contributor in helping us capitalize on profitable growth opportunities, navigate global market dynamics, and deliver sustained value to our stockholders.”

Lada previously held the role of vice president of corporate finance and chief financial officer of AZEK’s residential and commercial segments. Before joining AZEK, he held several senior finance roles of increasing responsibility with Cantel Medical Corporation, including vice president of investor relations and treasury, chief financial officer of the global medical division and chief financial officer for the Europe, Middle East and Africa region. Earlier in his career, Lada held financial leadership positions at General Electric Co., IDEX Corp. and Medtronic Inc., building a strong foundation in public company operational finance, corporate development and global financial planning. Lada earned a Six Sigma Black Belt certification in finance while at GE and holds a Bachelor of Science degree in finance from the Black School of Business at Pennsylvania State University.

Lada commented, “Watts impressed me with its iconic portfolio of global brands, strong 150-plus year heritage and culture, and track record of innovation and growth in support of water efficiency, safety and delivery. I am excited by the opportunity to partner with Bob and the team to help shape Watts’ next chapter of profitable growth and deliver stakeholder value through financial vision and execution, strategic capital deployment, and commercial and operational excellence.”

Pagano concluded, “On behalf of our entire organization, I would like to also extend my gratitude to Shashank for his partnership, dedication and impactful contributions over his seven years with Watts and for his willingness to provide extended assistance in transitioning his responsibilities to Ryan to ensure a seamless succession. We wish Shashank the very best on his well-earned retirement.”