Nicholas R. Colisto to join Xylem Inc. as Chief Information Officer

pan>)--Xylem Inc. (NYSE: XYL), a leading global water technology company
focused on addressing the worlds most challenging water issues, today
announced the appointment of Nicholas R. Colisto as Senior Vice
President and Chief Information Officer (CIO), effective December 19,
2012. He will report directly to Gretchen McClain, President and Chief
Executive Officer of Xylem, and will be responsible for all information
technology (IT) strategy and staffing to support the global business.
Colistos nomination to become a corporate officer of Xylem will be
presented to the companys board of directors on December 13, 2012.
“Nicks
deep experience in delivering innovative business technology solutions
across all functions fits perfectly with our global IT needs. He will be
a valuable addition to our leadership team.”
As a company doing business in more than 150 countries, we have seen
the growing strategic importance of information technology in enabling
efficient operations and business processes, and were elevating the IT
functional leadership to reflect that importance, said McClain. Nicks
deep experience in delivering innovative business technology solutions
across all functions fits perfectly with our global IT needs. He will be
a valuable addition to our leadership team.
Since 2005, Colisto, 46, served in executive IT positions at Hovnanian
Enterprises, Inc., a $1.4 billion residential construction company in
Red Bank, N.J., and was appointed Vice President and CIO there in 2008.
From 2000 to 2005, he was an Executive Director in IT at
Boehringer-Ingelheim Pharmaceuticals, Inc. in Ridgefield, Conn. Prior to
that, he served in a number of positions of increasing responsibility at
Priceline.com, Hyperion Solutions, Inc., Pepsi-Cola and the Bayer
Corporation.
He serves on the academic advisory board at Rutgers University and on
the foundation board of trustees for Bayshore Community Hospital, part
of the Meridian Health Network.
He received both a Bachelor of Business Administration degree in
Management Information Systems, and a Master of Science degree in
Information Systems from Pace University.
About Xylem Inc.
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 worlds most challenging water and wastewater
problems. Launched in 2011 from the spinoff of the water-related
businesses of ITT Corporation, Xylem is headquartered in White Plains,
N.Y., with 2011 revenues of $3.8 billion and 12,500 employees worldwide.
In 2012, Xylem was named to the Dow Jones Sustainability World Index 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.xyleminc.com.

Information Source: Business Wire