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.
Election of Director
On March 27, 2019, the Board of Directors of Xylem Inc. (the “Company”) elected Jorge M. Gomez as a director of the Company effective immediately. Mr. Gomez’ committee appointments will be made at the Board’s next regularly scheduled meeting. Mr. Gomez currently serves as Chief Financial Officer of Cardinal Health, Inc. His compensation will be consistent with the standard compensatory arrangement for non-employee directors as described in the Company’s most recent proxy statement filed with the Securities and Exchange Commission on March 28, 2018, under the heading “Director Compensation.” His cash retainer for the current term will be prorated. There are no arrangements or understandings between Mr. Gomez and any other person to which he was elected as a director; and Mr. Gomez is not a party to any transaction with the Company that would require disclosure under Item 404(a) of Regulation S-K.
The Company issued a press release announcing the election of Mr. Gomez to the Board, which is attached as Exhibit 99.1.
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Item 9.01 |
Financial Statements and Exhibits |
(d)Exhibits.
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Exhibit No. |
Description |
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99.1 |
Press Release issued by Xylem Inc. on March 27, 2019 |
Xylem Inc. Exhibit
EX-99.1 2 a32719exhibit991.htm EXHIBIT 99.1 Exhibit Exhibit 99.1 Xylem Inc.1 International Drive,…
To view the full exhibit click here
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.
