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(13:50 GMT) Badger Meter Price Target Announced at $220.00/Share by Jefferies
By Elias Schisgall
Badger Meter is reshuffling its executive leadership ahead of the start of the new year.
The water management company said Thursday Daniel Weltzien is being promoted to chief financial officer from his position as controller. He succeeds Robert Wrocklage, who is being promoted to executive vice president for North America municipal utility.
Weltzien will be succeeded as controller by Christina Tarantino, who has been at Badger Meter for the past four years.
Kimberly Stoll will become vice president for customer support and general manager of SmartCover. Stoll, who was previously overseeing North American marketing and sales, will succeed Corey Williams, SmartCover's General Manager.
Williams is being named senior director of business development. Matthew Stuyvenberg will be promoted to executive vice president for software-as-a-service, global commercial and international utility.
The changes are effective Jan. 1.
Write to Elias Schisgall at elias.schisgall@wsj.com
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