01—Abstract
Summary
Summary of the 8-K filed January 15, 2025. Cited figures are marked; the original filing is the authoritative source.
Xylem Inc. disclosed in this Form 8-K, filed January 15, 2025, that director Jeanne Beliveau-Dunn informed the Board of Directors on January 10, 2025, that she will not stand for re-election at the Company's 2025 annual meeting of shareholders.
The filing states that her decision is not due to any disagreement with the Company or the Board on matters relating to the Company's operations, policies or practices. She will continue to serve on the Board until the 2025 Annual Meeting. Effective upon Ms. Beliveau-Dunn's departure from the Board, the size of the Board will be reduced to nine members.
The filing does not report any financial results, guidance, or other financial metrics. The filing's only exhibit is the cover page of the Form 8-K, formatted in Inline XBRL (included as Exhibit 101). For investors, the main takeaway is a routine board-composition change with no stated dispute and no financial impact disclosed in this filing.
02—Key points
Key Highlights
- Director Jeanne Beliveau-Dunn will not stand for re-election at the Company's 2025 annual meeting of shareholders.
- Ms. Beliveau-Dunn's decision is stated to be unrelated to any disagreement with the Company or the Board on operations, policies or practices.
- She will continue serving on the Board until the 2025 Annual Meeting.
- Upon her departure, the Board size will be reduced from its current level to nine members.
- The decision was communicated to the Board on January 10, 2025, and disclosed in an 8-K filed January 15, 2025.
- Item 9.01 lists only the cover page of the Form 8-K (Exhibit 104.0) as an exhibit; no financial statements are included.
03—Questions
Frequently Asked Questions
Why is Jeanne Beliveau-Dunn leaving the Board?
The filing states that she informed the Board on January 10, 2025, of her decision not to stand for re-election at the 2025 annual meeting. The filing states that this decision is not because of any disagreement with the Company or the Board on matters relating to operations, policies or practices. No other reason is given.
When will Ms. Beliveau-Dunn's departure take effect?
She will continue to serve as a director until the time of the 2025 Annual Meeting of shareholders.
How will the change affect the size of the Board?
Effective as of Ms. Beliveau-Dunn's departure, the size of the Board will be reduced to nine members.
Does this filing report any financial results or guidance?
No. The filing covers a director departure and board size change, and its only exhibit is the Form 8-K cover page in Inline XBRL format. It does not report financial results, guidance, or financial statements.
04—Continue