Xylem Inc. Announces CFO Transition; Reaffirms 2026 Guidance

What Happened
Xylem Inc. (XYL) filed an 8-K reporting that Executive Vice President and Chief Financial Officer William K. Grogan will resign effective August 31, 2026 (remaining through Sept. 13 for transition). The Board appointed Andrea van der Berg as Executive Vice President and Chief Financial Officer, effective September 1, 2026. The company also issued a press release on August 18, 2026, reaffirming its previously issued Q3 and full-year 2026 financial guidance.

Key Details

• William K. Grogan will resign as CFO effective Aug. 31, 2026 and remain through Sept. 13, 2026 to assist transition.
• Andrea van der Berg, age 43, promoted to CFO effective Sept. 1, 2026; prior Xylem roles include SVP, Finance (Water Infrastructure) and VP, Investor Relations.
• Compensation: annual base salary $675,000; AIP target = 80% of base salary (prorated for 2026); new LTIP target = $1,750,000.
• One-time 2026 LTIP grant: $787,500 (prorated difference) to be granted on or about Sept. 1, 2026, split as 50% performance share units, 25% restricted stock units, 25% stock options.
• Ms. van der Berg will participate in Xylem’s Senior Executive Severance Plan and Special Senior Executive Severance Plan and will receive standard repatriation benefits for global mobility assignments.
• Press release announcing the transition and reaffirming guidance was furnished as Exhibit 99.1 to the 8-K on Aug. 18, 2026.

Why It Matters
A CFO transition is material for investors because it affects financial leadership and continuity in planning, reporting and investor communications. Xylem has named an internal successor with finance and investor-relations experience and outlined compensation and severance arrangements, which helps indicate an orderly handover. The company explicitly reaffirmed its Q3 and full-year 2026 guidance, signaling management expects no change to near-term financial outlook from this leadership change.