Xylem Inc. Form 8-K Summary
Business Context and Reporting Period
This Current Report on Form 8-K was filed by Xylem Inc. on August 13, 2026, with the earliest event reported on that date. The filing primarily addresses executive leadership changes within the finance function and confirms the company's financial outlook.
Key Financial Metrics
The filing does not provide specific revenue, profit, cash flow, margin, debt, or liquidity figures for the reporting period. It references previously issued financial guidance for the third quarter and full year 2026, which the company reaffirmed in a press release dated August 18, 2026.
Material Changes
- Departure of CFO: William K. Grogan notified the company of his resignation as Executive Vice President and Chief Financial Officer, effective August 31, 2026. He will remain employed until September 13, 2026, to facilitate transition.
- Appointment of New CFO: Andrea van der Berg was appointed Executive Vice President and Chief Financial Officer, effective September 1, 2026.
- Compensation Details: Ms. van der Berg's annual base salary is set at $675,000. Her target Annual Incentive Plan (AIP) is 80% of base salary. Her new Long-Term Incentive Plan (LTIP) target is $1,750,000, with a one-time prorated award of $787,500 granted in 2026.
Guidance, Outlook, and Risks
On August 18, 2026, the company issued a press release reaffirming its previously issued financial guidance for the third quarter and full year 2026. The filing notes that Ms. van der Berg will participate in the company's Senior Executive Severance Plans. No new material risks or contingencies were disclosed in this specific report beyond the standard executive transition.
Investor Verification Checklist
- Verify the specific financial guidance numbers for Q3 and full-year 2026 referenced in the August 18, 2026 press release (Exhibit 99.1).
- Review the terms of the 2025 Annual Report on Form 10-K regarding the Annual Incentive Plan and Long-Term Incentive Plan structures.
- Confirm the transition timeline and interim financial oversight arrangements between August 31 and September 1, 2026.
- Monitor future filings for the formal grant of the one-time LTIP award to Ms. van der Berg.