Plumbing and Mechanical

Watts Industries' Chairman, CEO Retires

August 1, 2002
Watts Industries Inc. announced that Timothy P. Horne, chairman and chief executive officer, will retire by Dec. 31 of this year. The board of directors has begun searching for a successor and expects to have one in place by the second half of the year.

Horne has served as CEO since 1978, and chairman since 1986.