198 Xylem, a global water technology company, has announced the appointment of Matthew Pine as its Chief Operating Officer (COO), effective January 1, 2023. In this role, Pine will be responsible for driving operational excellence, cost leadership, and scaling innovation across the organization. He will report to Xylem’s President and CEO, Patrick Decker, and oversee the company’s business segments and regions. “We’re evolving our operating structure to make sure every customer benefits from both our global scale and the local agility we bring to each community’s challenges,” said Decker. “Matthew has an exceptional track record of delivering operational excellence, and we’ll be working hand-in-hand to serve our customers, deliver above-market growth with margin expansion, and continue to create economic and social value for Xylem’s stakeholders.” Pine has over 25 years of experience in various leadership roles, including sales, marketing, digital and product management. He joined Xylem in 2020 and has previously held senior leadership positions at other companies in the water technology and industrial sectors. “It’s a privilege to step into this role and partner with Patrick to continue to sharpen our focus on operational excellence across the organization,” said Pine. “With strong technology leadership on a proven business model, and a large and growing installed base in attractive markets, we are already exceptionally well positioned on the long-term water trends driving demand for our solutions. Now, we are further tuning our operating model to remove complexity and drive cost leadership as we scale innovation globally and provide solutions to serve our customers.” You Might Be Interested In Amazon’s scraps an extra 2% fee for some merchants as regulators plot an antitrust lawsuit HSBC Unveils Plans for New Digital Assets Custody Service Launch Citi Successfully Concludes Sale of Indonesia Consumer Business to UOB Seychelles’ MERJ Exchange Pursues Membership in World Federation of Exchanges Bank in Singapore Introduces Fragrance-Evoking Fresh Banknotes CEOs of Exxon and Chevron Advocate for Clear Rules Regarding US Clean Energy Subsidies