Short answer
Xylem Inc. (XYL) filed an 8-K current report with the SEC on August 18, 2026 reporting Item 7.01 (Regulation FD Disclosure), Item EX-99.1 (Exhibit EX-99.1), Item 5.02 (Departure/Election of Directors or Officers). CFO William K. Grogan resigns August 31, 2026 for another opportunity, remaining through September 13 for transition support.
Xylem Inc. 8-K event analysis
AI summary of each reported item and its exhibits
Item 5.02 · Departure/Election of Directors or Officers
- CFO William K. Grogan resigns August 31, 2026 for another opportunity, remaining through September 13 for transition support
- Andrea van der Berg becomes CFO September 1, 2026, promoting an internal finance leader with Xylem experience since 2020
- New CFO compensation: $675,000 base salary and 80% annual incentive target
- Long-term incentive target increases to $1,750,000, including a prorated $787,500 2026 award
- Severance-plan eligibility limits immediate termination-risk exposure but increases potential future executive obligations
Item 7.01 · Regulation FD Disclosure
- CFO transition announced, creating near-term leadership and execution risk
- Previously issued third-quarter 2026 guidance reaffirmed, reducing immediate earnings-surprise concerns
- Full-year 2026 guidance reaffirmed, supporting current investor expectations
- Press release dated August 18, 2026, provides transition details in Exhibit 99.1
Item EX-99.1 · Exhibit EX-99.1
- Andrea van der Berg appointed Executive Vice President and CFO effective September 1, 2026
- CFO transition from William Grogan, who departs for another opportunity after supporting handover through mid-September
- Internal succession from Water Infrastructure finance leadership, limiting near-term operational disruption risk
- Third-quarter and full-year 2026 guidance reaffirmed, signaling no immediate change to financial outlook
- New CFO brings over 20 years of finance and business leadership experience
Generated from the filing text and exhibits; verify against the original. What 8-K item codes mean
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