Global water technology company, Xylem (NYSE:XYL), has announced that it will move its headquarters to Washington, D.C.
Speaking about the relocation, Patrick Decker, president and CEO of Xylem, said, “Washington, D.C. is an important global crossroads for the diverse set of stakeholders who work together towards solving water challenges around the world. As a leading global water innovator, we know that the biggest water issues can only be addressed through collaboration. By locating our global headquarters here, we place ourselves right where the water sector is most engaged."
Decker said he and several senior Xylem leaders will be based in the new headquarters, driving enterprise strategy and execution. “We’ll be able to reduce complexity, with a lean headquarters, at the same time as we build closer relationships with all those in the global water community working to solve the biggest challenges, and promote global water sustainability.”
"We are excited to welcome Xylem's new global headquarters to the District's historic Navy Yard," said Deputy Mayor for Planning and Economic Development John Falcicchio. "Washington D.C. is the ideal destination for companies looking to be at the epicenter of the nation, located in arm's reach of policymakers and access to the global community. We are the 'Capital of Inclusive Innovation' because of the companies and people who make up this great city."
Xylem’s new headquarters will be co-located with the recently announced Reservoir Center for Water Solutions, a hub for multi-party, water-focused stakeholder collaboration, in the historic Navy Yard district along the Anacostia River. The Center is anticipated to open in June.
When the move is complete, Xylem headquarters’ new address will be 301 Water Street SE, Washington, DC, 20003.