Xylem Inc. Form 8-K Summary
Business Context and Reporting Period
This Current Report on Form 8-K was filed by Xylem Inc. on December 14, 2012, covering events occurring on December 12, 2012. The filing reports a corporate governance change involving the Board of Directors.
Financial Metrics
The filing text does not provide a clear value for revenue, profit, cash flow, margins, debt, or liquidity. This report focuses exclusively on personnel changes and does not contain financial performance data.
Material Changes
The primary material change reported is the election of Robert F. Friel as a director of Xylem Inc., effective December 12, 2012. Mr. Friel, currently the Chairman and CEO of PerkinElmer, Inc., was also appointed to the Audit Committee and the Nominating and Governance Committee.
Guidance, Outlook, and Risks
The filing contains no guidance, outlook, management commentary on operations, or discussion of risks and contingencies. It notes that Mr. Friel is eligible to participate in non-management director compensation plans effective with the December 2012 Board meeting.
Key Facts for Investor Verification
- Robert F. Friel was elected to the Board of Directors on December 12, 2012.
- Mr. Friel serves as Chairman and CEO of PerkinElmer, Inc.
- Mr. Friel was appointed to the Audit and Nominating and Governance Committees.
- A press release detailing this appointment was issued on December 13, 2012 (Exhibit 99.1).