Xylem appointed Steven R. Loranger to chief executive officer and president. He most recently served as a director, and succeeds Gretchen W. McClain, who stepped down. Loranger is serving as CEO until the company can find a permanent replacement.
“I am energized by the opportunity to lead Xylem during this important period as the board conducts its search for our next CEO. I look forward to working with the board, our management team and Xylem’s talented employees around the world to leverage the strength of all our assets to grow our business and drive stronger performance.”