The A. O. Smith Corp. board of directors has announced that Kevin Wheeler will transition from chairman and chief executive officer to executive chairman of the corporation, effective July 1.

Stephen Shafer will then be appointed to the board of directors and will assume the role of president and chief executive officer.

As executive chairman, Wheeler will continue to lead the company’s board and remain involved in strategic development, mergers and acquisitions, investor relations and executive talent development.

Shafer becomes the 11th chief executive officer in the company’s 151-year history. He will have responsibility for the company’s global operations, as well as strategy development and implementation, profitability and shareholder return. Shafer joined A. O. Smith as president and chief operating officer in March 2024 to lead the company’s global business units, including operations, supply chain, corporate technology and information technology.

“During his tenure, the company acquired Giant Factories, a Canadian water heater manufacturer, as well as six water treatment companies, including one in India. As chairman, president and chief executive officer during the global COVID-19 pandemic, Kevin led the company through an unprecedented period, maintaining business continuity while prioritizing the health and safety of employees,” said lead director Ron Brown.

Wheeler joined A. O. Smith in 1994 as a regional sales manager for the former Water Products Company. Over the course of his 31-year career with A. O. Smith, he has held numerous senior leadership roles, including vice president – international, overseeing all European and Asian water heating operations; senior vice president and general manager of the U.S. retail water heater business; and senior vice president and president for the North America, India and Europe water heating businesses.