---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-23-228080"
form_type: "8-K"
ticker: "XYL"
cik: "0001524472"
company_name: "Xylem Inc."
filed_at: "2023-09-05T23:59:59+00:00"
generated_at: "2026-06-10T23:56:35.722017+00:00"
event_type: "leadership"
sentiment: "neutral"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

# Xylem appoints Matthew Pine as CEO effective Jan 1, 2024; William Grogan as CFO effective Oct 1, 2023

## Summary
- Patrick Decker retires as CEO effective Dec 31, 2023; will serve as senior advisor through March 31, 2024.
- Matthew Pine, current COO, promoted to President and CEO effective Jan 1, 2024; joins Board.
- CFO Sandra Rowland steps down Oct 1, 2023; William Grogan (ex-IDEX CFO) appointed as new CFO.
- New CEO Pine gets $1.1M base, 135% AIP target, $6.5M LTIP; new CFO Grogan gets $725K base, $2M LTIP, $350K cash sign-on, $3.75M equity sign-on.
- Company reaffirms Q3 and full-year 2023 guidance, indicating no change in outlook.

## SEC filing metadata
- accession: 0001193125-23-228080
- form_type: 8-K
- ticker: XYL
- cik: 0001524472
- company_name: Xylem Inc.
- filed_at: 2023-09-05T23:59:59+00:00
- event_type: leadership
- sentiment: neutral
- materiality_score: 0.8
- calibrated_materiality_score: 0.8
- confidence: high
- sec_items: 5.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1524472/000119312523228080/0001193125-23-228080-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1524472/000119312523228080/d436641d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-23-228080
- JSON: https://secwatch.observer/filing/0001193125-23-228080.json
- Plain text: https://secwatch.observer/filing/0001193125-23-228080.txt

## Key facts
- Executive change
  Mattew F. Pine was appointed as President and Chief Executive Officer at Xylem Inc..
  - Action: appointed
  - Role: President and Chief Executive Officer
  source text: Xylem's Board appointed Mattew F. Pine, age 52, as the Company's President and Chief Executive Officer to succeed Mr. Decker and to serve as a member of the Board, effective January 1, 2024.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1524472/000119312523228080/0001193125-23-228080-index.htm
- Executive change
  Patrick K. Decker resigned as President and Chief Executive Officer at Xylem Inc..
  - Action: resigned
  - Role: President and Chief Executive Officer
  source text: Patrick K. Decker will retire from his position as President and Chief Executive Officer and resign from the Board of Directors ("Board") effective December 31, 2023
  evidence_url: https://www.sec.gov/Archives/edgar/data/1524472/000119312523228080/0001193125-23-228080-index.htm
- Executive change
  Sandra E. Rowland departed as Senior Vice President at Xylem Inc..
  - Action: cease to serve
  - Role: Senior Vice President
  source text: Effective October 1, 2023, Sandra E. Rowland will cease to serve as Senior Vice Preside
  evidence_url: https://www.sec.gov/Archives/edgar/data/1524472/000119312523228080/0001193125-23-228080-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.