Parallel Codazzi tensors with submanifold applications

A decomposition theorem is established for a class of closed Riemannian submanifolds immersed in a space form of constant sectional curvature. In particular, it is shown that if $M$ has nonnegative sectional curvature and admits a Codazzi tensor with "parallel mean curvature", then $M$ is locally isometric to a direct product of irreducible factors determined by the spectrum of that tensor. This decomposition is global when $M$ is simply connected, and generalizes what is known for immersed submanifolds with parallel mean curvature vector.