September 6, 2023 by

Xylem CEO Decker to depart company

Xylem Inc. announced this week that after a distinguished decade leading the company, President and Chief Executive Officer Patrick Decker plans to retire as CEO at the end of 2023. Chief Financial Officer Sandra Rowland will also be departing the company to pursue new and different opportunities.

Decker will be succeeded by Matthew Pine, Xylem’s chief operating officer, effective Jan. 1, 2024. At that time, Decker will retire from Xylem’s Board and Pine will join as a director. The company said the move will happen in accordance with the company's long-term succession planning process, and that Decker and Pine will work closely ensure a smooth transition.

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