Robert J. Stone has notified Franklin Electric Co., Inc. of his intent to retire from his executive officer position as Senior Vice President of the Company and President - International Water Systems, effective March 31, 2019. Mr. Stone will continue to be employed by the Company in his current role until March 31, 2019, at which time he will be appointed as Senior Advisor to the Chief Executive Officer through December 31, 2019. Should Mr. Stone leave his employment with the Company after March 31, 2019.