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- Departure Of Cfo (new) — The current CFO is leaving the company to pursue another professional opportunity.
Xylem CFO William Grogan resigns; Andrea van der Berg appointed successor Sept 1
Filed August 18, 2026 · Period ending August 13, 2026 · ~1 min read
Key Changes
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CFO William Grogan resigns effective Aug 31 to pursue another opportunity; will stay through mid-Sept for transition
Item 5.02 — Departure of Directors or Certain Officers; Election of Directors; Compensation verify on EDGAR → -
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Andrea van der Berg, currently SVP Finance for Water Infrastructure segment, appointed CFO effective Sept 1; 20+ years finance experience including 13 at Honeywell
Item 5.02 — Departure of Directors or Certain Officers; Election of Directors; Compensation verify on EDGAR → -
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New CFO compensation: $675K base, 80% annual incentive target, $1.75M LTIP target, plus one-time $787.5K prorated LTIP award
Item 5.02 — Departure of Directors or Certain Officers; Election of Directors; Compensation verify on EDGAR → -
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Company reaffirms Q3 and full-year 2026 guidance issued July 28, signaling CFO transition not expected to impact near-term outlook
Item 7.01 — Regulation FD Disclosure verify on EDGAR →
Summary
Xylem disclosed a CFO transition with William Grogan resigning effective August 31, 2026, to pursue another professional opportunity. Andrea van der Berg, currently Senior Vice President of Finance for the Water Infrastructure segment, will succeed him on September 1. Grogan will remain through mid-September to facilitate the handoff.
Van der Berg has been with Xylem since 2020 in various finance leadership roles and brings over 20 years of experience, including 13 years at Honeywell. The CFO departure warrants attention as a key executive change, though the company characterized it as voluntary and career-driven rather than performance-related. The internal promotion of an experienced finance leader with four years at Xylem suggests continuity.
Management reaffirmed Q3 and full-year 2026 guidance issued three weeks earlier, signaling confidence that the transition will not disrupt near-term execution. Investors should monitor whether the new CFO maintains the same strategic priorities and capital allocation approach, particularly given Xylem's ongoing integration of the Evoqua acquisition.
Section-by-Section Diff
Event · Item 5.02 — Departure of Directors or Certain Officers; Election of Directors; Compensation
Item 5.02 — Departure of Directors or Certain Officers; Election of Directors; Compensation filed; see Key Changes for terms.
Added in current filing · verify on EDGAR →
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.
William Grogan is resigning as CFO effective August 31, 2026, to pursue another opportunity. He will stay through September 13 to ensure a smooth transition. This is a voluntary departure for career reasons, not a termination or performance-related exit.
Added in current filing · verify on EDGAR →
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.
The new CFO will receive a $675,000 base salary with an 80% annual incentive target and $1,750,000 LTIP target. She will also receive a one-time prorated LTIP award of $787,500 to bridge the difference between her prior role's compensation and the CFO role, granted as 50% performance shares, 25% restricted stock, and 25% stock options.
Event · Item 7.01 — Regulation FD Disclosure
Item 7.01 — Regulation FD Disclosure filed; see Key Changes for terms.
Added in current filing · verify on EDGAR →
the Company issued a press release announcing the Chief Financial Officer transition
Xylem disclosed a Chief Financial Officer transition. The 8-K does not provide details about who is departing, who is succeeding, or the timing of the transition — those details are in the press release furnished as Exhibit 99.1, which is not included in the body text provided.
Added in current filing · verify on EDGAR →
reaffirming the Company's previously issued financial guidance for the third quarter and full year 2026
Xylem reaffirmed its previously issued financial guidance for the third quarter and full year 2026. The 8-K does not state the specific guidance figures — those are in the furnished press release.
Event · Exhibit 99.1
Xylem appoints Andrea van der Berg as CFO effective Sept 1, 2026; outgoing CFO Bill Grogan departs for another opportunity.
Added in current filing · view on EDGAR →
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.
Xylem appointed Andrea van der Berg as Executive Vice President and Chief Financial Officer, effective September 1, 2026. She will report to the CEO and join the Executive Leadership Team. Van der Berg currently serves as Senior Vice President, Finance of Xylem's Water Infrastructure segment and brings over 20 years of finance and business leadership experience, including 13 years at Honeywell.
Added in current filing · view on EDGAR →
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.
The current CFO, William "Bill" Grogan, is departing Xylem to pursue another professional opportunity. He will remain with the company through mid-September to support a smooth transition to the new CFO.
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Figures/quotes linked to EDGAR · Narrative written by AI · Aug 19, 2026 · How we verify