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Flowserve Corporation (FLS)

NYSE - Nasdaq Real-time price. Currency in USD
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35.19+0.70 (+2.03%)
At close: 04:03PM EDT
35.19 +0.01 (+0.04%)
After hours: 04:14PM 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 employees15,000

Key executives

NameTitlePayExercisedYear born
Mr. Robert Scott RowePres, CEO & Director2.17MN/A1971
Ms. Amy B. SchwetzSr. VP & CFO1.07MN/A1975
Mr. Keith E. GillespieSr. VP & Chief Sales Officer926.01kN/A1966
Ms. Elizabeth L. BurgerSr. VP & Chief HR Officer743.98kN/A1971
Ms. Tamara M. MorytkoPres of the Flowserve Pumps Division1.95MN/A1971
Mr. Scott K. VopniVP & Chief Accounting OfficerN/AN/A1968
Ms. Tauseef SalmaVP of Marketing & TechnologyN/AN/AN/A
Mr. John E. Roueche IIIVP of Investor Relations & TreasurerN/AN/A1967
Ms. Susan Claire HudsonSr. VP, Chief Legal Officer & Corp. Sec.N/AN/AN/A
Mr. Lars E. RoseneVP of Corp. Communications & Public AffairsN/AN/A1968
Amounts are as of 31 December 2021, 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, develops, manufactures, distributes, and services industrial flow management equipment in the United States, Europe, the Middle East, Africa, Asia, and internationally. It operates in two segments, Flowserve Pump Division (FPD) and Flow Control Division (FCD). 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 fluids. The company 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 31 July 2022 is 1. The pillar scores are Audit: 7; Board: 1; Shareholder rights: 2; Compensation: 2.

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.