Pentair Announces Key Leadership Changes

Lucas will replace Sara Zawoyski, previously vice president of Investor Relations, who has been promoted to the position of chief financial officer for Pentair s Technical Products business. To ensure a smooth transition, Lucas and Zawoyski will work closely together through August 1, 2012.

Lucas joins Pentair from Janney Montgomery Scott LLC, an independently operated subsidiary of The Penn Mutual Life Insurance Company, where he had a successful fourteen year career. From 1998 until joining Pentair, Lucas served as a Managing Director/Research where he provided in-depth research and analysis on multi-national companies in all phases of the business cycle. Previously, Lucas held various research analyst roles at NatWest Securities and Raymond James. He will report to John L. Stauch, Pentair chief financial officer.

"We are delighted to have Jim join the Pentair team," said Stauch. "His financial acumen, industry knowledge and strong relationships with the investment community position him well to lead investor relations during this important part of our transformational journey." Lucas received a master of business administration degree and a bachelor of science degree in accountancy from Tampa College in Tampa, Florida.

Zawoyski has led Investor Relations for Pentair since June 2010. Prior to that, she held progressively responsible investor relations, finance and audit roles at PepsiAmericas and PricewaterhouseCoopers. As Pentair s vice president of Investor Relations, she was instrumental in advancing Pentair s overall strategy and investor relations capabilities. "Sara s leadership, business acumen and demonstrated results make her a great addition to our Technical Products leadership team," said Randall J. Hogan, Pentair chairman and chief executive officer.