A. O. Smith Corporation (NYSE: AOS) announced that Carrie L. Anderson will become executive vice president and chief financial officer on July 1, replacing Charles T. Lauber who will retire after 26 years with the company.

Anderson previously served as executive vice president and CFO at Campbell's Company (NASDAQ: CPB) and held similar roles at Integra LifeSciences and senior finance positions at Dover Corporation and Delphi Corporation. She began her career as an engineer at General Motors.

She holds a Bachelor of Science in Chemical Engineering from Purdue University and an MBA from Ball State University. Anderson currently serves on the board of directors of Embecta Corp.

Lauber joined A. O. Smith in December 1999 as corporate director of tax and audit and became CFO in May 2019. He will remain with the company through September 30 to ensure continuity during the transition period.

"We are pleased to welcome a leader with Carrie's depth of experience across complex industrial and manufacturing organizations," said Steve Shafer, president and CEO. "Her capabilities in strategic execution, corporate development and operational excellence will be instrumental as we advance our long-term growth and transformation objectives."

Anderson will lead the company's finance organization, which handles strategic financial planning, capital allocation, treasury, controllership, tax and investor relations functions.

Milwaukee-based A. O. Smith manufactures residential and commercial water heating equipment, boilers and water treatment products globally. The information was disclosed in a company press release.