Xylem Inc. (NYSE: XYL) has appointed Meredith Emmerich as the Senior Vice President and President of the Applied Water segment, effective October 21, 2024. Emmerich brings with her more than 20 years of experience and a track record of driving sustainable, profitable growth. She has previously held senior roles at Carrier Global Corporation and Mitsubishi Electric Cooling & Heating, and holds a Bachelor of Science in Electrical Engineering and a Master of Science in Electrical and Computer Engineering from the Georgia Institute of Technology.
The Applied Water segment is one of Xylem's four reportable business segments, providing advanced water management solutions for customers in the industrial and commercial buildings markets. Xylem reported combined pro forma revenue of $8.1 billion in 2023, and with Emmerich's appointment, the company aims to continue solving customers' toughest water challenges.
Emmerich succeeds Franz Cerwinka, who will serve as a senior advisor until March 2025 to ensure a smooth transition. Xylem's President and CEO, Matthew Pine, expressed confidence that Emmerich's deep expertise will benefit Applied Water customers as the company continues to drive economic value and sustainability.
As Xylem continues to innovate and optimize water and resource management, Emmerich's appointment signals a strategic move to further strengthen the company's position in the global water solutions industry. The market has reacted to these announcements by moving the company's shares 0.5% to a price of $137.89. For the full picture, make sure to review Xylem's 8-K report.