Xylem Inc. has appointed two new executive leaders to head its primary business segments, effective July 1. The appointments aim to strengthen the company's operational leadership as it continues to execute its strategy in the global water solutions market. Both new executives will report to President and Chief Executive Officer Matthew Pine.

Meredith Emmerich has been appointed Executive Vice President and President, Measurement and Control Solutions. She most recently served as EVP and President, Applied Water at Xylem. Emmerich joined Xylem in 2024 from Carrier Global Corporation, where she was Vice President of Global Enterprise Solutions. She succeeds Mike McGann, who will serve as senior advisor to ensure a smooth transition before leaving the company later this year following 17 years of service.

Joe Johnston will succeed Emmerich as EVP and President, Applied Water. He is currently Senior Vice President and General Manager within Xylem’s Water Solutions and Services segment, where he most recently led the Global Dewatering business. Johnston joined Xylem in 2019 and brings more than 25 years of global leadership experience, including senior roles at GE Power.

Executive Appointments

The following table details the new leadership structure at Xylem Inc.:

Matthew Pine, President and Chief Executive Officer, stated that the appointments leverage the deep knowledge and experience of the leaders to deliver value for customers and communities. Xylem reported revenue of $9 billion in 2025.

Jefferies analyst Stephen Volkmann upgraded Xylem from Hold to Buy, citing a revised outlook for the water technology company. The firm increased the price target to $140 from the previous $130, indicating confidence in the stock's potential upside.

Rating and Target Changes

The upgrade shifts Xylem's status from a neutral Hold to a Buy recommendation. The new price target of $140 represents an increase over the prior target of $130.