Sundar PichaiSundar Pichai earned $164M in 2023

Patrick K. Decker is the President and CEO of Xylem, a global water technology company, since March 2014. He has a solid background in finance and operations, with a Bachelor of Science in Accounting and Finance from Indiana University. Before...

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Patrick K. Decker

Ex-CEO of Xylem

Education

Bachelor of Science in Accounting and Finance from Indiana University

Field of Expertise

Finance & Banking - Finance

Sector of Economy

Industrials

Born

June 1, 1965 - 59 years ago

CEO of Xylem for

9 years 9 months (Mar 2014 - Dec 2023)

Previous Experience

President and Chief Executive Officer of Harsco Corporation

Holdings

See how much did Patrick K. Decker make over time.

As of late 2023, Patrick K. Decker's investments in Xylem have fluctuated considerably. In June 2021, his holdings peaked at about $31.64 million, a reflection of the company's strong market position and growth potential. This figure gradually declined but remained...

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Total Stock Sold

$44.50M

XYL

$44.50M

392,345 XYL shares

What if they kept their stock?

If Patrick K. Decker didn't sell their stock, today they would have:
Extra XYL392,345 shares worth $25.58M.
This is -42.52% and $18.92M less than what they got when they sold the stock.

Insider Trading

See recent insider trades of Patrick K. Decker.

JCI

$104.97K

JCI at $67.42/share

Aug 2, 2024

Received

XYL

$10.05M

XYL at $100.85/share

Nov 14, 2023

Sale

XYL

$11.13M

XYL at $111.68/share

Jul 3, 2023

Sale

XYL

$5.53M

XYL at $98.24/share

Mar 13, 2023

Sale

XYL

16,693 shares

XYL

Mar 1, 2023

Received

XYL

30,313 shares

XYL

Feb 27, 2023

Received

XYL

18,009 shares

XYL

Mar 1, 2022

Received

XYL

28,756 shares

XYL

Feb 20, 2022

Received

XYL

$7.26M

XYL at $132.91/share

Nov 9, 2021

Sale

XYL

$8.22M

XYL at $128.88/share

Aug 6, 2021

Sale

Compensation History

See how much did Patrick K. Decker make over time.

In 2023, Patrick K. Decker earned a total compensation of $10.83 million as CEO of Xylem. His pay includes a base salary of $1.2 million, alongside stock options and restricted stock units valued at around $1.69 million when they vested. Decker's packages are designed to reflect the company's performance, aligning with key metrics like revenue and EBITDA. He received no bonuses for the years 2022 and 2023, indicating a move toward long-term incentive structures over short-term gains. In previous years, his compensation saw substantial bonuses, for instance, in 2021, he received a notable bonus of $1.4 million. Overall, the compensation structure aims to attract top-level talent while ensuring that pay is tied to the company's success and shareholder interests. Decker’s focus on performance-driven pay shows a commitment to leading Xylem toward further growth and innovation without compromising on accountability.

Year

2023

Total Compensation

$3.16M

Salary

$1.20M

Board Justification

The compensation philosophy emphasizes performance-based pay linked to company performance and shareholder value, with a focus on attracting and retaining top talent.

Bonus

$0.00

Board Justification

No bonus was reported for 2023.

Other

$276.28K

Board Justification

Includes contributions to tax-qualified and non-qualified retirement savings plans and other compensation.

Restricted Stock

$1.69M(16.99K RSU)

Board Justification

Restricted Stock Units (RSUs) that vested in 2023, totaling 16,693 shares, valued at $1,687,495.

Performance Metrics

The performance metrics for 2023 included organic revenue, adjusted EBITDA, and free cash flow conversion.