Watts Water COO resigns

Watts Water Technologies Inc., which makes valves used in plumbing, heating and other applications, said Thursday William D. Martino has resigned as chief operating officer and president of North American and Asian operations, effective Sept. 30.

The company did not disclose a reason for the resignation.

Ernest E. Elliott, executive vice president of marketing, will take on Martino's duties on an interim basis until the company names a successor.

Shares of Watts Water shed 2 cents to $31.10 in after-hours trading. (AP)