Xylem Inc. President and Chief Executive Officer Patrick Decker has announced his plans to retire as CEO at the end of 2023. In accordance with the Company's long-term succession planning process, Decker will be succeeded by Matthew Pine, Xylem?s Chief Operating Officer, effective January 1, 2024. At that time, Decker will retire from Xylem?s Board and Pine will join as a Director.

Decker and Pine will work closely together to ensure a smooth transition.