Gretchen W. McClain served as the CEO of Xylem Inc. from October 14, 2011, until September 9, 2013. She holds a Bachelor's degree in Mechanical Engineering from the University of Texas at Austin, which laid the groundwork for her long...

Number of Employees

23K

Year

2013

Total Compensation

$10.11M

Salary

$678.27K

Board Justification

The compensation philosophy emphasizes alignment with long-term shareholder value creation, with a significant portion of compensation linked to performance metrics.

Bonus

$0.00

Board Justification

No bonus was awarded for 2013 due to resignation before the end of the performance year.

Other

$653.23K

Board Justification

Other compensation includes severance benefits totaling $603,519, which includes severance pay, a lump-sum payment for unused vacation days, and continued medical and dental coverage.

Restricted Stock

$8.78M(322.79K RSU)

Board Justification

322,791 shares of RSUs vested in 2013, valued at the closing price of Xylem stock on the date of vesting.

Performance Metrics

Performance metrics included adjusted EPS, revenue growth, and free cash flow conversion.

SEC Filing

From March 24, 2014

Gretchen W. McClain

Ex-CEO of Xylem

GW

Education

Bachelor's degree in Mechanical Engineering from the University of Texas at Austin

Field of Expertise

Technology & Engineering - Engineering

Born

June 1, 1960 - 64 years ago

Is Founder?

No

Tenure

1 year 10 months (Oct 2011 - Sep 2013)

Previous Experience

President and Chief Executive Officer of ITT Corporation