Xylem Announces New Investor Relations Leadership

Rhea-AI Summary

Xylem Inc. (NYSE: XYL) announced new leadership in its Investor Relations team, effective January 1, 2022. Matthew Latino, previously Vice President of Investor Relations, becomes Vice President of Finance for the Applied Water Systems and Americas Commercial Team. Samir Patel, currently Treasurer, is appointed Vice President of Treasury and Investor Relations. Both will report to Sandra Rowland, the Chief Financial Officer. Xylem, a global water technology leader, aims to enhance shareholder engagement and capitalize on expertise in their new roles.

Positive

• Matthew Latino's promotion aims to leverage his extensive knowledge of enterprise strategy for better financial management.
• Samir Patel's established banking relationships and sustainability finance initiatives could enhance investor engagement.

Negative

• None.

RYE BROOK, N.Y.--(BUSINESS WIRE)-- Xylem Inc. (NYSE: XYL), a leading global water technology company, today announced a change in the leadership of its Investor Relations team.

• Matthew Latino, currently Vice President, Investor Relations, is appointed Vice President, Finance, of Xylem’s Applied Water Systems (AWS) business and the Americas Commercial Team (ACT), effective January 1, 2022. Mr. Latino will report to Sandra Rowland, Senior Vice President and Chief Financial Officer.
  
  
• Samir Patel, currently corporate Treasurer, is appointed Vice President, Treasury and Investor Relations, also effective January 1, 2022. In addition to his current role as Treasurer, Mr. Patel will be responsible for all aspects of the Company’s investor relations program, reporting to Sandra Rowland.

“Matt has done an outstanding job leading our Investor Relations activities since 2017,” said Rowland. “He brings deep knowledge of our enterprise strategy and finance operations, as well as a passion for developing talent. His expertise will be a great asset to our Applied Water Systems’ and Americas businesses.”

“As Treasurer, Samir has built strong relationships with our banking partners and pioneered our sustainability-linked finance activities. He brings deep knowledge of the company to his expanded role leading our shareholder and investor engagement activities. I look forward to seeing them bring even more value to Xylem and our stakeholders in their new roles.”

Matthew Latino joined Xylem in 2012 and has led Investor Relations since 2017. Prior to Xylem, he served in the audit practice at Deloitte and Touche. He holds a Bachelor of Science in Accounting from SUNY Oneonta.

Samir Patel joined Xylem from ITT in 2011. He holds an MBA from Thunderbird School of Global Management, with a concentration in international finance, and a Bachelor of Science in Finance from Arizona State University. Prior to ITT, he served in finance and treasury positions with International Paper and GE.

About Xylem

Xylem (XYL) is a leading global water technology company committed to solving critical water and infrastructure challenges with innovation. Our more than 16,000 diverse employees delivered revenue of $4.88 billion in 2020. We are creating a more sustainable world by enabling our customers to optimize water and resource management, and helping communities in more than 150 countries become water-secure. Join us at www.xylem.com.

View source version on businesswire.com: https://www.businesswire.com/news/home/20211118005740/en/

Media

Houston Spencer

+1 (914) 240-3046

Houston.Spencer@xyleminc.com

Source: Xylem Inc.

FAQ

What leadership changes were announced by Xylem Inc. on January 1, 2022?

Xylem appointed Matthew Latino as Vice President of Finance for Applied Water Systems and Samir Patel as Vice President of Treasury and Investor Relations.

Who will report to the CFO at Xylem after the leadership changes?

Both Matthew Latino and Samir Patel will report to Sandra Rowland, the Chief Financial Officer.

What is Xylem Inc.'s primary business focus?

Xylem is a global water technology company focused on solving water and infrastructure challenges.