XYLEM INC. (NYSE:XYL) Files An 8-K Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers
Item 5.02. Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.
On February, 21, 2019, the Board of Directors of Xylem Inc. (the “Company”) appointed Geri McShane as Vice President, Controller and Chief Accounting Officer of the Company, effective March 1, 2019. In this role, Ms. McShane will serve as the Company’s principal accounting officer. Ms. McShane, 45, is a certified public accountant with 25 years of accounting and finance experience. Most recently, she served as the Company’s Controller, Accounting and Reporting. Prior to joining Xylem in 2011, she held a number of increasingly responsible positions at several publicly-traded companies including ITT Corporation, The Thomson Corporation and Metromedia Fiber Network, Inc., and also spent several years with Ernst & Young, LLP as an auditor.
Effective March, 1, 2019, Paul Stellato will step down from his role as Vice President, Controller and Chief Accounting Officer to move into a different role within the Company.
About XYLEM INC. (NYSE:XYL)
Xylem Inc. is engaged in the design, manufacturing, and application of engineered technologies for the water industry. The Company is an equipment and service provider for water and wastewater applications with a portfolio of products and services addressing the cycle of water, from collection, distribution and use to the return of water to the environment. The Company has two business segments, which include Water Infrastructure (collection, distribution, return) and Applied Water (usage). The Water Infrastructure segment focuses on the transportation, treatment and testing of water, offering a range of products, including water and wastewater pumps, treatment and testing equipment, and controls and systems. The Company’s Applied Water segment serves the primary uses of water and focuses on the residential, commercial, industrial and agricultural markets. The Company’s brands include Flygt, Wedeco, Godwin, Lowara, Flojet and Flowtronex.
