Flowserve Corporation (FLS)

38.52 +0.02 (+0.05%) At close: 04:01PM EST

Flowserve Corporation

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

Sector(s): Industrials
Industry: Specialty Industrial Machinery
Full-time employees: 16,000

Key executives

Name	Title	Pay	Exercised	Year born
Mr. Robert Scott Rowe	President, CEO & Director	2.38M	N/A	1971
Ms. Amy B. Schwetz	Senior VP & CFO	1.17M	N/A	1975
Ms. Elizabeth L. Burger	Senior VP & Chief Human Resources Officer	805.48k	N/A	1971
Mr. Scott K. Vopni	VP & Chief Accounting Officer	N/A	N/A	1968
Mr. Doug Short	VP & Chief Information Officer	N/A	N/A	N/A
Mr. John E. Roueche III	VP of Investor Relations & Treasurer	520.13k	N/A	1967
Ms. Susan Claire Hudson	Senior VP, Chief Legal Officer & Corporate Secretary	N/A	N/A	1977
Mr. Lars E. Rosene	Vice President of Corporate Communications & Public Affairs	N/A	N/A	1968
Mr. Kirk R. Wilson	President of Flow Control Division	N/A	N/A	1967
Mr. Lamar L. Duhon	President of Flowserve Pumps Division, Aftermarket Services & Solutions	N/A	N/A	1972

Amounts are as of 31 December 2022, 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, the Middle East, Africa, Asia Pacific, and Europe. 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, 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. The FCD segment provides engineered and industrial valve and automation solutions, including isolation and control valves, actuation, controls, and related equipment, as well as 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 incorporated in 1912 and is headquartered in Irving, Texas.

Corporate governance

Flowserve Corporation’s ISS governance QualityScore as of 1 December 2023 is 2. The pillar scores are Audit: 6; Board: 2; Shareholder rights: 1; Compensation: 5.

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.