Xylem Inc. names Steven Leung Senior Vice President and President, Emerging Markets
March 26 2015 - 1:21PM
Business Wire
Xylem Inc. (NYSE:XYL), a leading global water technology company
dedicated to solving the world’s most challenging water issues,
today announced that Steven Leung will join the company as
Senior Vice President and President, Emerging Markets, effective
April 1, 2015. In this newly created position, Leung will lead the
company’s commercial operations across the emerging markets,
including China, Greater Asia, India, the Middle East, Africa and
Latin America, as well as Australia and New Zealand, and he will
report directly to Xylem President and Chief Executive Officer
Patrick Decker. Leung will also serve as a member of the company’s
Senior Leadership Team and will be based in Shanghai, China.
“The emerging markets encompass some of the fastest-growing
areas of our business, and Steve is well-positioned to help us
maximize that growth,” said Decker. “He joins Xylem with a strong
operating and leadership background that includes more than two
decades of global management and commercial experience. Steve also
brings a deep knowledge and understanding of the emerging markets,
which are a strategic priority in Xylem’s growth plan. We welcome
Steve to Xylem and look forward to his contributions.”
Leung, 58, joins Xylem from Pentair, where he most recently
served as Vice President, Global Sales for Pentair’s Valves and
Controls business. In that role, he led the integration of four
global vertical sales teams into a single global function, and his
role was expanded to include leadership of the global commercial
services function. Prior to that, he held senior executive roles at
Tyco International, including Vice President and General Manager of
Global Process Industry Vertical and President of its Flow Control
business in Asia. Leung also held executive roles at Agilent
Technologies and General Electric.
Leung earned undergraduate degrees in management and electronic
engineering from Hong Kong Polytechnic, as well as a Master of
Business Administration degree from Oklahoma City University.
About Xylem
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. Xylem is headquartered in Rye Brook, New York with 2014
revenues of $3.9 billion and approximately 12,500 employees
worldwide. Xylem was named to the Dow Jones Sustainability Index
for the last three years 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.xylem.com.
Xylem Inc.MediaKelly McAndrew, +1 (914)
323-5969Kelly.McAndrew@xyleminc.comorInvestorsPhil DeSousa, +1
(914) 323-5930phil.desousa@xyleminc.com
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