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Zurn Elkay Water Solutions

Integrated water solutions and fixtures provider

Project Manager - Strategic Initiatives

Full-TimeUpdated
$75k - $110k+ Annual bonus eligibility + Matching 401(k) contribution
Mid
Bachelor's
Downers Grove, IL, USA+1 moreMore locations: Milwaukee, WI, USA
In PersonTravel up to 35%.
Project & Program ManagementProgram Management

About the job

Requirements
  • A bachelor's degree in a related field is required.
  • At least 3 years of experience in a manufacturing or distribution environment in operations, engineering, supply chain, or a similar role is required.
  • Demonstrated experience and success in managing projects is required.
  • The role requires travel up to 35%.
  • The candidate must have strategic and creative thinking, analytical and decision-making skills to achieve quality, service, cost, and profit goals.
  • The candidate must be able to influence project results and obtain buy-in from key stakeholders, including senior leadership.
  • The candidate must maintain agility and flexibility in a dynamic environment.
  • The candidate must be well organized and have written, verbal, and formal presentation skills.
  • The candidate must have team and organizational effectiveness skills, and financial and strategic acumen.
Responsibilities
  • Lead development of program schedules, expense and capital budgets, and resource forecasts, ensuring integration of cross-functional schedules and deliverables.
  • Identify and manage risks, make judgments about quality, and determine when to stop or accelerate a program.
  • Lead program scope definition and timely execution of key program decisions, and manage program changes after decisions are made.
  • Deliver programs on time through allocation of time, budget, and resources.
  • Lead improvements to processes and tools.
  • Drive accountability to schedules and budgets by maintaining program schedules and scorecards and facilitating project reviews.
  • Capture learnings and incorporate them into new projects and process improvements.
  • Lead footprint optimization and integration projects for the business.
  • Plan requirements with internal customers and guide projects through the full project lifecycle.
  • Provide program management support for strategic operations and distribution initiatives across business groups and geographies.
  • Communicate project goals clearly to stakeholders, including senior leadership.
Desired Qualifications
  • Annual bonus eligibility is offered.
  • The company offers a matching 401(k) contribution.
  • The company offers an employee stock purchase plan with company stock available at a discount.

About the company

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Zurn Elkay Water Solutions

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Zurn Elkay Water Solutions provides a broad range of water management products for commercial, institutional, and residential markets, including filtered bottle filling stations, drinking fountains, sinks, faucets, valves, drainage, and restroom fixtures. Its approach uses a razor-and-blade model, where installing filtered water stations enables ongoing, high-margin revenue from filter replacements. The company combines Zurn’s plumbing expertise with Elkay’s stainless-steel sinks, fixtures, and water coolers to serve education, healthcare, government, hospitality, and residential construction, primarily in the United States with some international locations. Its goal is to deliver safe, efficient water systems and maintenance programs that promote water hygiene and conservation while building recurring revenue streams.

Company Size

1,001-5,000

Company Stage

IPO

Headquarters

Milwaukee, Wisconsin

Founded

1900

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Simplify's Take

What believers are saying

  • Q2 2026 revenue hit $491 million, up 10.5%, and management raised guidance.
  • Q2 adjusted EBITDA reached $136 million, with 27.7% margin and $112 million free cash flow.
  • 2025 Sustainability Report says 2.4 billion gallons filtered and 20 billion bottles avoided.

What critics are saying

  • Q2 2026 free cash flow turned negative $42.7 million, exposing working-capital volatility.
  • Q2 2026 10-Q disclosed restructuring actions, workforce reductions, and facility rationalization.
  • Failed Intellihot integration destroys ZWS's premium margin story and 2027 valuation rerating.

What makes Zurn Elkay Water Solutions unique

  • Zurn Elkay combines plumbing, drainage, and drinking-water systems under one commercial platform.
  • Intellihot acquisition in July 2026 expands tankless water-heating into a $1.1 billion market.
  • PFAS-certified filters and bottle-filling stations create recurring replacement-filter revenue.

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Benefits

  • Health Insurance
  • Dental Insurance
  • Vision Insurance
  • STD
  • LTD
  • AD&D
  • Life Insurance
  • 401(k) Retirement Plan
  • 401(k) Company Match
  • Health Savings Account/Flexible Spending Account
  • Up to 3 weeks starting Vacation (may increase with tenure)
  • Paid Holidays

Company News

Yahoo Finance
Oct 28th, 2026
Zurn Water beats estimates with $76.3M Q3 profit on $495.1M revenue

Zurn Water Solutions Corporation reported third-quarter earnings of $76.3 million, or 45 cents per share. Adjusted for one-time gains and costs, earnings were 52 cents per share. The Milwaukee-based company beat Wall Street expectations. Three analysts surveyed by Zacks Investment Research had expected adjusted earnings of 50 cents per share. Revenue came in at $495.1 million, above the $493.8 million analysts forecast. For the quarter ending in December, Zurn expects revenue of $430 million to $437 million.

Ticker Report
Aug 26th, 2026
Sanctuary Advisors LLC Makes New $2.31 Million Investment in Zurn Elkay Water Solutions Cor $ZWS

Sanctuary Advisors LLC bought a new position in Zurn Elkay Water Solutions Cor (NYSE:ZWS – Free Report) in the 2nd quarter, according to the company in its most recent filing with the SEC. The institutional investor bought 45,630 shares of the company’s stock, valued at approximately $2,306,000. Other institutional investors and hedge funds also recently […]

Yahoo Finance
Jul 28th, 2026
Zurn Elkay posts Q2 revenue of $491M, beating estimates by 1.6%

Zurn Elkay reported better-than-expected second-quarter results for 2026, with revenue rising 10.5% year on year to $491 million, surpassing analyst estimates of $483.3 million. The water management solutions company posted adjusted earnings of $0.50 per share, beating consensus forecasts of $0.47. Adjusted EBITDA reached $136 million with a 27.7% margin, whilst operating margin improved to 31%, up from 17.5% in the prior-year quarter. Organic revenue grew 10%. The company repurchased $50 million in shares during the quarter and paid $37 million in dividends. However, free cash flow turned negative at -$42.7 million, down from $101.6 million in the same quarter last year. CEO Todd Adams noted the company raised its full-year outlook and continues leveraging operational improvements to drive growth.

Business Wire
Jul 21st, 2026
Zurn Elkay Water Solutions Corporation to Acquire Intellihot

Zurn Elkay Water Solutions Corporation (NYSE: ZWS) today announced it has signed an agreement to acquire Intellihot, Inc., a privately-held leader in tankles...

Yahoo Finance
May 11th, 2026
Zurn Elkay's 18.4% cash flow margin beats F5 and Sonos in water management play

Zurn Elkay, a water management solutions provider, stands out amongst cash-producing stocks with an 18.4% trailing 12-month free cash flow margin. The company demonstrates strong fundamentals with a gross margin of 42.6% and improving efficiency, as its operating margin expanded by 3.7 percentage points over five years. In contrast, F5 and Sonos face significant headwinds. F5, despite a 29.9% free cash flow margin, struggles with sluggish 3.3% ARR growth and stagnant operating margins. Sonos shows even weaker performance with only an 8.1% free cash flow margin, declining annual sales of 1.4% over five years, and earnings per share dropping 9.3% annually. Zurn Elkay's strong 15.1% free cash flow margin and improved cash conversion indicate growing capital efficiency.