Xylem (NYSE: XYL) keeps 2026 outlook as new CFO takes over
Rhea-AI Filing Summary
Xylem Inc. appointed Andrea van der Berg as Executive Vice President and Chief Financial Officer, effective September 1, 2026, succeeding William K. Grogan, who will resign as CFO effective August 31, 2026 and remain through mid-September to support the transition.
Van der Berg currently leads finance for Xylem’s Water Infrastructure segment and has more than 20 years of finance and business leadership experience across corporate finance, FP&A, investor relations, treasury and operations. Her compensation includes a base salary of $675,000, AIP eligibility with a target of 80% of base salary, and an LTIP target of $1,750,000, plus a one-time LTIP award of $787,500 in 2026.
Xylem stated that third-quarter and full-year 2026 financial guidance issued on July 28, 2026 is reaffirmed. The company describes itself as a global water solutions provider with $9 billion of revenue in 2025 and approximately 22,000 employees.
Positive
- None.
Negative
- Chief Financial Officer departure: William K. Grogan will resign as Executive Vice President and CFO effective August 31, 2026, with a short transition period through mid-September.
Insights
Analyzing...
8-K Event Classification
3 items: 5.02, 7.01, 9.01
3 items
Item 5.02
Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers
Governance
Key personnel changes including departures, elections, or appointments of directors and executive officers.
Item 7.01
Regulation FD Disclosure
Disclosure
Material non-public information disclosed under Regulation Fair Disclosure, often investor presentations or guidance.
Item 9.01
Financial Statements and Exhibits
Exhibits
Financial statements, pro forma financial information, and exhibit attachments filed with this report.
Key Figures
CFO Base Salary: $675,000
Annual Incentive Plan Target: 80% of annual base salary
LTIP Target: $1,750,000
+5 more
8 metrics
CFO Base Salary
$675,000
Annual base salary for Andrea van der Berg as Executive Vice President and CFO
Annual Incentive Plan Target
80% of annual base salary
Target AIP opportunity for Andrea van der Berg as a percentage of base salary
LTIP Target
$1,750,000
Ongoing Long-Term Incentive Plan target award value for the new CFO
One-time 2026 LTIP Award
$787,500
Prorated one-time LTIP grant value for 2026 to align with new CFO role
2025 Revenue
$9 billion
Revenue delivered by Xylem’s 22,000 employees in 2025
Number of Employees
22,000
Approximate number of Xylem employees globally
CFO Effective Date
September 1, 2026
Effective date of Andrea van der Berg’s appointment as CFO
CFO Resignation Effective Date
August 31, 2026
Effective date of William K. Grogan’s resignation as CFO
Key Terms
Annual Incentive Plan, Long-Term Incentive Plan, performance share units, restricted stock units, +2 more
6 terms
Annual Incentive Plan financial
"eligible to participate in the Company’s Annual Incentive Plan for the Executive Leadership Team"
Long-Term Incentive Plan financial
"continue to be eligible to participate in the Company’s Long-Term Incentive Plan"
A long-term incentive plan is a company program that pays executives or employees with stock, options, or cash tied to multi-year performance goals, where the rewards become theirs only after meeting conditions over time. Think of it as a delayed bonus or retirement-style reward that aligns employees’ interests with shareholders by encouraging them to boost long-term value; investors watch these plans because they affect pay costs, share dilution and management incentives.
restricted stock units financial
"provided as performance share units (50%), restricted stock units (25%) and stock options"
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
Regulation FD regulatory
"for complying with disclosure 1 obligations under Regulation FD"
Regulation FD is a rule that prevents company insiders, like executives, from sharing important information with some people before others get it. It matters because it helps ensure all investors have equal access to key news, making the stock market fairer and reducing chances of insider trading.
forward-looking statements regulatory
"This press release contains “forward-looking statements" within the meaning of Section 27A"
Forward-looking statements are predictions or plans that companies share about what they expect to happen in the future, like estimating sales or profits. They matter because they help investors understand a company's outlook, but since they are based on guesses and assumptions, they can sometimes be wrong.
FAQ
What executive leadership change did Xylem (XYL) announce in this 8-K?
Xylem announced that Andrea van der Berg will become Executive Vice President and Chief Financial Officer on September 1, 2026, succeeding William K. Grogan, who will resign as CFO effective August 31, 2026 and stay briefly to support transition.
What is the new CFO’s compensation package at Xylem (XYL)?
Andrea van der Berg will receive a base salary of $675,000, Annual Incentive Plan eligibility with a target of 80% of salary, and a Long-Term Incentive Plan target of $1,750,000, plus a one-time $787,500 LTIP award in 2026.
Did Xylem (XYL) change its financial guidance with this CFO announcement?
No. Xylem reaffirmed its previously issued third-quarter and full-year 2026 guidance that was announced on July 28, 2026, indicating that the CFO transition does not change the company’s current financial outlook disclosed at that time.
What is Andrea van der Berg’s background before becoming Xylem (XYL) CFO?
Andrea van der Berg currently serves as Senior Vice President, Finance for Xylem’s Water Infrastructure segment and previously led investor relations and corporate FP&A. Before joining Xylem, she held finance roles at MSCI Inc. and spent 13 years at Honeywell.
How large is Xylem (XYL) based on this disclosure?
Xylem describes itself as a global water solutions company whose 22,000 employees generated $9 billion in revenue in 2025, providing a sense of the company’s scale and its presence in global water and resource management markets.
Will the new Xylem (XYL) CFO receive severance protection?
Yes. Andrea van der Berg will participate in the Xylem Senior Executive Severance Plan and the Xylem Special Senior Executive Severance Plan, which provide severance benefits to certain senior executives upon involuntary termination under specified circumstances.
AI-generated analysis. How Rhea-AI works. Not financial advice.
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, DC 20549
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d)
of the Securities Exchange Act of 1934
Date of Report (Date of earliest event reported): August 13, 2026
(Exact name of registrant as specified in its charter)
(State or other jurisdiction of incorporation) | (Commission File Number) | (IRS Employer Identification No.) | ||||||||||||
| (Address of principal executive offices) | (Zip Code) | |||||||||||||
(202 ) 869-9150
(Registrant’s telephone number, including area code)
(Former name or former address, if changed since last report)
Securities registered pursuant to Section 12(b) of the Act:
| Title of each class | Trading Symbol(s) | Name of each exchange of which registered | ||||||||||||
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):
| Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) | |||||
| Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) | |||||
| Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) | |||||
| Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c)) | |||||
| Emerging growth company | |||||
If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act.¨
| Item 5.02 | Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangement of Certain Officers | ||||
On August 13, 2026, William K. Grogan notified Xylem Inc. (the “Company”) that he will resign as Executive Vice President and Chief Financial Officer effective August 31, 2026, to pursue another professional opportunity. Mr. Grogan will remain employed by the Company through September 13, 2026 in order to facilitate a smooth and orderly transition.
On August 13, 2026, the Board of Directors of the Company appointed Andrea van der Berg as the Company’s Executive Vice President and Chief Financial Officer to succeed Mr. Grogan, effective September 1, 2026.
Ms. van der Berg, age 43, has served as Senior Vice President, Finance of the Company’s Water Infrastructure segment since January 2025. From August 2024 to January 2025, she served as Vice President, Finance for the Water Infrastructure segment and EU Commercial Team. From May 2022 to August 2024, Ms. van der Berg served as Vice President, Investor Relations. From April 2020 to May 2022, she served as Vice President, Corporate Financial Planning and Analysis.
Prior to joining Xylem, Ms. van der Berg held finance roles at MSCI Inc. from June 2018 to April 2020 and at Honeywell International Inc. from January 2005 to May 2018.
Ms. van der Berg will receive an annual base salary of $675,000, subject to annual adjustment. Ms. van der Berg will be eligible to participate in the Company’s Annual Incentive Plan for the Executive Leadership Team (“AIP”), filed with the Company’s 2025 Annual Report on Form 10-K on February 25, 2026 (“2025 Annual Report”), with a target of 80% of her annual base salary. The actual AIP payout will be based on 2026 performance results and prorated to reflect the period during which the incentive targets for her previous role and the new CFO role were in effect. Ms. van der Berg will continue to be eligible to participate in the Company’s Long-Term Incentive Plan (“LTIP”) with a new target award of $1,750,000. In 2026, Ms. van der Berg will receive a one-time LTIP award with a grant date value of $787,500, representing the prorated difference between the LTIP target in her previous role and the new LTIP target in the Chief Financial Officer role, to be granted on or about September 1, 2026. This award will be provided as performance share units (50%), restricted stock units (25%) and stock options (25%) on terms consistent with the 2026 annual LTIP awards provided to other senior executives of the Company under the grant agreements filed with the Company’s Quarterly Report on Form 10-Q for the quarter ended March 31, 2026, filed on April 28, 2026.
Ms. van der Berg will participate in the Xylem Senior Executive Severance Plan and the Xylem Special Senior Executive Severance Plan, each as filed with the 2025 Annual Report. Each plan provides for the payment of severance benefits to certain senior executives upon involuntary termination in specified circumstances. Ms. van der Berg will also receive repatriation benefits based on standard benefits available to Company employees on global mobility assignment.
There are no current or proposed related person transactions involving Ms. van der Berg or her immediate family members that would require disclosure pursuant to Item 404(a) of Regulation S-K. There is no family relationship between Ms. van der Berg and any of the Company’s directors or executive officers and there are no arrangements or understandings with other persons pursuant to which Ms. van der Berg was selected as an officer.
| Item 7.01 | Regulation FD Disclosure | ||||
On August 18, 2026, the Company issued a press release announcing the Chief Financial Officer transition and reaffirming the Company's previously issued financial guidance for the third quarter and full year 2026. A copy of the press release is furnished as Exhibit 99.1 to this Current Report on Form 8-K.
The information furnished pursuant to Item 7.01 of this Current Report on Form 8-K, including Exhibit 99.1 attached hereto, shall not be deemed "filed" for purposes of Section 18 of the Securities Exchange Act of 1934, as amended (the “Exchange Act”), or otherwise subject to the liabilities of that section, nor shall it be deemed incorporated by reference into any filing under the Securities Act of 1933, as amended, or the Exchange Act, except as expressly set forth by specific reference in such filing.
| Item 9.01 | Financial Statements and Exhibits | ||||
(d) Exhibits.
Exhibit No. | Description | ||||
99.1 | Press Release issued by Xylem Inc. on August 18, 2026. | ||||
| 104.0 | The cover page from Xylem Inc.'s Form 8-K, formatted in Inline XBRL. | ||||
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: August 18, 2026 | By: | /s/ Kelly C. O'Shea | ||||||||||||
| Kelly C. O'Shea | ||||||||||||||
| VP, Chief Corporate Counsel & Corporate Secretary | ||||||||||||||
Exhibit 99.1
Xylem Inc.
301 Water Street SE
Washington, DC 20003
Tel +1.202.869.9150
| Contact: | Media | Investors | |||||||||
| Press Office | Michael Travers | ||||||||||
| +1 (978) 704-5149 | +1(724)772-1597 | ||||||||||
| PressOffice@xylem.com | Michael.Travers@xylem.com | ||||||||||
Xylem Appoints Andrea van der Berg Chief Financial Officer
Washington, DC (August 18, 2026) – Xylem Inc. (NYSE: XYL), a leading global water solutions company, today announced that Andrea van der Berg has been appointed Executive Vice President and Chief Financial Officer, effective September 1, 2026. She will report to President and Chief Executive Officer Matthew Pine and join Xylem’s Executive Leadership Team. Van der Berg succeeds William "Bill" Grogan, who will depart the company to pursue another professional opportunity. Grogan will remain with Xylem through mid September to support a smooth transition.
"Andrea is a proven industrial finance leader whose experience spans business operations, capital allocation, value creation and engagement with the investment community," said Matthew Pine, President and Chief Executive Officer of Xylem. "Her deep knowledge of our business, international leadership experience and strong track record of execution position her well to help accelerate our priorities and deliver long-term value."
Van der Berg currently serves as Senior Vice President, Finance of Xylem's Water Infrastructure segment and brings more than 20 years of finance and business leadership experience. Over the course of her career, she has held roles spanning corporate finance, financial planning, investor relations, treasury and business operations, including 13 years at Honeywell in a variety of finance and business leadership positions.
"Bill has played an important role in strengthening Xylem's financial foundation and advancing the discipline, capabilities and performance that support our long-term strategy," Pine said. "We appreciate his many contributions to the company and thank him for his leadership and partnership. We wish him continued success in his next chapter."
The Company is reaffirming its third-quarter and full-year 2026 guidance issued on July 28, 2026.
About Xylem
Xylem (XYL) is a Fortune 500 global water solutions company that empowers customers and communities to build a more water-secure world. Our 22,000 employees delivered revenue of $9 billion in 2025, optimizing water and resource management with innovation and expertise. Join us at www.xylem.com and Let’s Solve Water.
Xylem uses our Investor Relations website, www.xylem.com/en-us/investors, as a means of disclosing information which may be of interest or material to our investors and for complying with disclosure
1
obligations under Regulation FD. Accordingly, investors should monitor our Investor Relations website, in addition to following our press releases, SEC filings, public conference calls, webcasts, and social media.
Forward-Looking Statements
This press release contains “forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. Generally, the words “anticipate,” “estimate,” “expect,” “project,” “intend,” “plan,” "contemplate," "predict," “outlook,” “forecast,” “likely,” “believe,” “target,” “goal,” “objective,” “will,” “could,” “would,” “should,” "potential," "may" and similar expressions or their negative, may, but are not necessary to, identify forward-looking statements. By their nature, forward-looking statements address uncertain matters and include any statements that: are not historical, such as statements about our strategy, financial plans, outlook, objectives, plans, intentions or goals; or address possible or future results of operations or financial performance, including statements relating to orders, revenues, operating margins
and earnings per share growth. Our forward-looking statements include statements regarding our outlook, possible future results of operations or financial performance, plans and expectations. These statements are subject to risks and uncertainties. For a discussion of the risks, uncertainties and assumptions that could affect our future events, developments or results, you should carefully review the “Business,” “Risk Factors” and “Management's Discussion and Analysis of Financial Condition and Results of Operations” sections in our Annual Report on Form 10-K for the year ended December 31, 2025, and in subsequent filings we make with the Securities and Exchange Commission. All forward-looking statements made herein are based on information currently available to us as of the date of this press release. We undertake no obligation to publicly update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, except as required by law.
###
2