Xylem Inc. Appoints New Director, Discloses Officer Compensation
Ticker: XYL · Form: 8-K · Filed: Oct 15, 2024 · CIK: 1524472
| Field | Detail |
|---|---|
| Company | Xylem Inc. (XYL) |
| Form Type | 8-K |
| Filed Date | Oct 15, 2024 |
| Risk Level | low |
| Pages | 2 |
| Reading Time | 3 min |
| Key Dollar Amounts | $0.01, $570,630 |
| Sentiment | neutral |
Sentiment: neutral
Topics: board-of-directors, executive-compensation, governance
Related Tickers: XYL
TL;DR
Xylem adds a new board member, McLain, effective Oct 8. Compensation details also filed.
AI Summary
Xylem Inc. announced on October 8, 2024, a change in its board of directors. Specifically, Michael J. McLain has been appointed as a new director, effective October 8, 2024. The company also disclosed information regarding compensatory arrangements for its officers.
Why It Matters
Changes in board composition can signal shifts in strategic direction or governance, while compensation details offer insight into executive incentives.
Risk Assessment
Risk Level: low — This filing primarily concerns routine corporate governance and executive compensation disclosures, with no immediate financial or operational risks indicated.
Key Players & Entities
- Xylem Inc. (company) — Registrant
- Michael J. McLain (person) — Newly appointed director
- October 8, 2024 (date) — Effective date of director appointment
FAQ
Who has been appointed as a new director to Xylem Inc.'s board?
Michael J. McLain has been appointed as a new director.
When was the appointment of the new director effective?
The appointment of Michael J. McLain was effective October 8, 2024.
What other information is disclosed in this 8-K filing?
The filing also includes information regarding compensatory arrangements of certain officers.
What is Xylem Inc.'s state of incorporation?
Xylem Inc. is incorporated in Indiana.
What is Xylem Inc.'s IRS Employer Identification Number?
Xylem Inc.'s IRS Employer Identification Number is 45-2080495.
Filing Stats: 706 words · 3 min read · ~2 pages · Grade level 10.9 · Accepted 2024-10-15 07:01:54
Key Financial Figures
- $0.01 — ich registered Common Stock, par value $0.01 per share XYL New York Stock Exchange
- $570,630 — ve his base salary at an annual rate of $570,630 and will continue to participate in the
Filing Documents
- xyl-20241008.htm (8-K) — 33KB
- xyl10152024ex101.htm (EX-10.1) — 11KB
- xyl10152024ex991.htm (EX-99.1) — 8KB
- image.jpg (GRAPHIC) — 36KB
- image1a.jpg (GRAPHIC) — 8KB
- 0001524472-24-000040.txt ( ) — 240KB
- xyl-20241008.xsd (EX-101.SCH) — 2KB
- xyl-20241008_lab.xml (EX-101.LAB) — 21KB
- xyl-20241008_pre.xml (EX-101.PRE) — 12KB
- xyl-20241008_htm.xml (XML) — 3KB
01 Regulation FD Disclosure
Item 7.01 Regulation FD Disclosure On October 15, 2024, the Company issued a press release naming Ms. Meredith Emmerich as the Company's Senior Vice President and President, Applied Water effective October 21, 2024. A copy of the press release is attached as Exhibit 99.1. This information, including Exhibit 99.1, shall not be deemed filed for purposes of Section 18 of the Securities Exchange Act of 1934, as amended (the "Exchange Act") or incorporated by reference into any filing under the Securities Act of 1933, as amended, or the Exchange Act, except as shall be expressly set forth by specific reference in such filing.
01 Financial Statements and Exhibits
Item 9.01 Financial Statements and Exhibits (d) Exhibits. Exhibit No. Description 10.1 Transition Services Agreement entered into between Franz W. Cerwinka and Xylem Inc. dated October 14, 2024. 99.1 Press release issued by Xylem Inc. on October 15, 2024. 104.0 The cover page from Xylem Inc.'s Form 8-K, formatted in Inline XBRL (included as Exhibit 101).
SIGNATURES
SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. XYLEM INC. Date: October 15, 2024 By: /s/ Kelly C. O'Shea Kelly C. O'Shea Vice President, Chief Corporate Counsel and Corporate Secretary (Authorized Officer of Registrant)