Rajkowski Named Sr. VP and CFO of Xylem Inc.
Xylem Inc. (NYSE:XYL), a leading global water technology company, has announced that Mark Rajkowski has been appointed senior vice president and chief financial officer (CFO), effective March 28. Reporting to Xylem president and CEO Patrick Decker, Rajkowski will lead the company’s global finance organization.
Rajkowski most recently served as a strategic advisor to WestRock Co. (NYSE: WRK), a global packaging and specialty chemicals company that was formed last year following the merger of MeadWestvaco and RockTenn. Rajkowski will be based at Xylem’s headquarters in Rye Brook, N.Y.
“Global water challenges are increasing in both scope and scale, and Xylem is well positioned to contribute to the solutions,” commented Rajkowski. “I am very pleased to be joining a company with a clear mission, a strong growth plan and significant value creation opportunities.”
Shashank Patel, who has served as interim CFO of Xylem since July 2015, will work closely with Rajkowski to ensure a smooth transition. Then he will assume a new, expanded role in the finance organization to be announced shortly.
Rajkowski, 57, has been serving as a strategic advisor to WestRock Co., and previously served as CFO for MeadWestvaco, a global packaging and specialty chemicals producer that formerly was traded on the New York Stock Exchange. In that role, he led all areas of finance, strategy, corporate development, IT and shared services for 11 years, and played a key role in executing the company’s 2015 merger with RockTenn and the subsequent formation of WestRock.