WHITE PLAINS, N.Y.--(BUSINESS WIRE)--Dec. 13, 2012--
Xylem Inc. (NYSE: XYL), a leading global water technology company, today
announced the election of Robert F. Friel, chairman, president and chief
executive officer of PerkinElmer, Inc. (NYSE: PKI), to its Board of
Directors. His appointment to Xylem’s board is effective immediately.
Friel, 57, was named chief executive officer of PerkinElmer in February,
2008, and elected chairman of its Board of Directors in April, 2009.
Headquartered in Waltham, Mass., PerkinElmer is a global technology
leader providing diagnostic, life sciences research and analytical
testing solutions with 2011 revenues of $1.9 billion. He joined
PerkinElmer in 1999 as senior vice president and chief financial
officer, and subsequently served in a series of executive financial and
operating positions. Prior to joining PerkinElmer, Friel spent 19 years
with AlliedSignal, Inc., now Honeywell International, in a number of
global financial executive positions, and was ultimately named vice
president and treasurer in 1996.
“Rob’s deep experience in global finance and operations will add
valuable perspective to Xylem’s board as we continue to execute our
growth strategies,” said Gretchen McClain, president and chief executive
officer of Xylem Inc. “We are pleased to welcome him as a director and
look forward to his future contributions.”
“It’s a great pleasure to welcome another accomplished and dynamic
director to our board,” said Xylem Chairman Markos Tambakeras. “Rob’s
years of experience and business insights will bring great value to
Xylem.”
Friel earned a Bachelor of Arts degree in economics from Lafayette
College and a Master of Science degree in taxation from Fairleigh
Dickinson University. In addition to PerkinElmer, Friel also serves as a
director at CareFusion Corporation (NYSE: CFN), a $3.5 billion medical
equipment manufacturer, and is a member of the National Board of
Trustees for the March of Dimes.
Friel’s election brings to 10 the number of directors on Xylem Inc.’s
board.
About Xylem Inc.
Xylem (XYL) is a leading global water technology provider, enabling
customers to transport, treat, test and efficiently use water in public
utility, residential and commercial building services, industrial and
agricultural settings. The company does business in more than 150
countries through a number of market-leading product brands, and its
people bring broad applications expertise with a strong focus on finding
local solutions to the world’s most challenging water and wastewater
problems. Launched in 2011 from the spinoff of the water-related
businesses of ITT Corporation, Xylem is headquartered in White Plains,
N.Y., with 2011 revenues of $3.8 billion and 12,500 employees worldwide.
In 2012, Xylem was named to the Dow Jones Sustainability World Index for
advancing sustainable business practices and solutions worldwide.
The name Xylem is derived from classical Greek and is the tissue that
transports water in plants, highlighting the engineering efficiency of
our water-centric business by linking it with the best water
transportation of all -- that which occurs in nature. For more
information, please visit us at www.xyleminc.com.
Source: Xylem Inc.
Xylem Inc.
Tom Glover, +1-914-323-5891
Tom.glover@xyleminc.com