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Flowserve Corporation (FLS)

NYSE - NYSE Delayed price. Currency in USD
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49.90+0.27 (+0.54%)
At close: 04:00PM EDT
49.90 0.00 (0.00%)
After hours: 05:05PM EDT

Flowserve Corporation

5215 North O'Connor Boulevard
Suite 700
Irving, TX 75039
United States
972 443 6500
https://www.flowserve.com

Sector(s)Industrials
IndustrySpecialty Industrial Machinery
Full-time employees16,000

Key executives

NameTitlePayExercisedYear born
Mr. Robert Scott RowePresident, CEO & Director3.89MN/A1971
Ms. Amy B. SchwetzSenior VP & CFO1.83MN/A1975
Ms. Susan Claire HudsonSenior VP, Chief Legal Officer & Corporate Secretary938.62kN/A1977
Mr. Kirk R. WilsonPresident of Flow Control Division981.75kN/A1967
Mr. Lamar L. DuhonPresident of Flowserve Pumps Division1.16MN/A1971
Mr. Scott K. VopniVP & Chief Accounting OfficerN/AN/A1968
Mr. Doug ShortVP & Chief Information OfficerN/AN/AN/A
Mr. John E. Roueche IIIVP of Investor Relations & Treasurer520.13kN/A1967
Amounts are as of 31 December 2023, and compensation values are for the last fiscal year ending on that date. Pay includes salary, bonuses, etc. Exercised is the value of options exercised during the fiscal year. Currency in USD.

Description

Flowserve Corporation designs, manufactures, distributes, and services industrial flow management equipment in the United States, Canada, Mexico, Europe, the Middle East, Africa, and the Asia Pacific. It operates through Flowserve Pump Division (FPD) and Flow Control Division (FCD) segments. The FPD segment offers custom and pre-configured pumps and pump systems, mechanical seals, auxiliary systems, replacement parts, upgrades, and related aftermarket services; and equipment services, including installation and commissioning services, seal systems spare parts, repairs, advanced diagnostics, re-rate and upgrade solutions, retrofit programs, and machining and asset management solutions, as well as manufactures a gas-lubricated mechanical seal for use in high-speed compressors for gas pipelines and in the oil and gas production and process markets. The FCD segment provides engineered and industrial valve and automation systems, including isolation and control valves, actuation, controls, and related equipment; and equipment maintenance services for flow control systems, including advanced diagnostics, repair, installation, commissioning, retrofit programs, and field machining capabilities. This segment's products are used to control, direct, and manage the flow of liquids, gases, and multi-phase fluids. It primarily serves oil and gas, chemical and pharmaceuticals, power generation, and water management markets, as well as general industries, including mining and ore processing, pulp and paper, food and beverage, and other smaller applications. The company distributes its products through direct sales, distributors, and sales representatives. Flowserve Corporation was founded in 1790 and is headquartered in Irving, Texas.

Corporate governance

Flowserve Corporation’s ISS governance QualityScore as of 1 May 2024 is 1. The pillar scores are Audit: 5; Board: 2; Shareholder rights: 1; Compensation: 1.

Corporate governance scores courtesy of Institutional Shareholder Services (ISS). Scores indicate decile rank relative to index or region. A decile score of 1 indicates lower governance risk, while 10 indicates higher governance risk.