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Flowserve Corp (FLS.N)

FLS.N on New York Stock Exchange

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Summary

Name Age Since Current Position

R. Scott Rowe

47 2017 President, Chief Executive Officer, Director

Lee Eckert

51 2017 Chief Financial Officer, Senior Vice President

John Lenander

61 2017 President, Flow Control Operations

David Wilson

49 2017 President - Industrial Products Division

Kirk Wilson

51 2015 President of Aftermarket Services & Solutions

Elizabeth Burger

47 2018 Chief Human Resource Officer

Keith Gillespie

52 2016 Senior Vice President and Chief Sales Officer

Lanesha Minnix

43 2018 Senior Vice President and Chief Legal Officer

Charles Armstrong

50 2018 Vice President, Interim Chief Legal Officer

Ruby Chandy

56 2017 Independent Director

Leif Darner

66 2013 Independent Director

Gayla Delly

58 2008 Independent Director

Roger Fix

64 2006 Independent Director

John Friedery

61 2007 Independent Director

John Garrison

58 2018 Independent Director

Joe Harlan

59 2007 Independent Director

Michael McMurray

53 2018 Independent Director

Richard Mills

70 2007 Independent Director

David Roberts

57 2011 Independent Director

Mike Mullin

Director - Investor Relations

Biographies

Name Description

R. Scott Rowe

Mr. R. Scott Rowe is President, Chief Executive Officer, Director of the Company. Mr. Rowe previously served as President of the Cameron Group of Schlumberger Ltd, a position he assumed in April 2016 following the merger between Schlumberger Ltd. and Cameron International Corporation (“Cameron”). Prior to this position, he served as President and Chief Executive Officer of Cameron from October 2015 to April 2016. From October 2014 to September 2015, Mr. Rowe served as President and Chief Operating Officer of Cameron, from March 2014 to September 2014, Mr. Rowe served as Chief Executive Officer of OneSubsea, a joint venture established by Cameron and Schlumberger, from August 2012 to February 2014, Mr. Rowe served as President of the Subsea Systems division of Cameron, and from April 2010 to August 2012, Mr. Rowe served as President of the Engineered and Process Valves division of Cameron.

Lee Eckert

Mr. Lee S. Eckert has been appointed as Chief Financial Officer, Senior Vice President of the Company., effective October 9, 2017. Before joining the Company, he was Senior Vice President and CFO of CHC Group LLC, a global commercial helicopter service provider to the offshore oil and gas industry, from July 2015 to September 2017. CHC Group LLC and certain of its affiliates filed voluntary petitions for relief under Chapter 11 of the United States Bankruptcy Code in May 2016. Prior to CHC Group LLC, Mr. Eckert served as chief financial officer of the U.S. division of National Grid Plc. from June 2011 to September 2014, and, from June 2006 to June 2011, Mr. Eckert served in various executive capacities as MeadWestvaco Corporation, including as Vice President, Operations, Healthcare from November 2010 to June 2011, and chief financial officer, packaging resource group from June 2006 to October 2010.

John Lenander

Mr. John R. Lenander is President, Flow Control Operations of the Company. He has served in various roles since joining the Company in June 2006, most recently as Interim President, Flow Control Division from November 2015 to February 2017, as Vice President & General Manager, Oil & Gas Sector from 2008 to 2015 and Vice President, Business Development, Flow Control Division from 2006 to 2008. He was employed previously with Dresser, Inc., where he held several management positions, most recently as Vice President, Global Sales, Flow Solutions Division from 2002 to 2005..

David Wilson

Mr. David Wilson is President - Industrial Products Division of the Company. He was employed previously with SPX Flow, Inc., a manufacturer and supplier of engineered products, as President, Industrial until January 2017. Prior to SPX Flow, Inc.’s spin-off from SPX Corporation, Mr. Wilson served as President, Flow Technology – Industrial, of SPX Corporation. Prior to his most recent position at SPX Corporation, he held various senior positions within that company from 1998 to 2013.

Kirk Wilson

Mr. Kirk R. Wilson is President of Aftermarket Services & Solutions of the CompanyHe has served in various roles since joining the Company in 1987, most recently as President, Services and Solutions Operations from January 2012 to September 2015, as Vice President and General Manager, Integrated Solutions Group from 2008 to 2011 and Vice President, Marketing for the Pump Division from 2004 to 2008.

Elizabeth Burger

Ms. Elizabeth L. Burger is appointed as Chief Human Resource Officer of the company effective April 16, 2018. She will join Flowserve from HanesBrands Inc., the world's largest manufacturer and marketer of everyday basic apparel, where she served as Senior Vice President and Chief Human Resources Officer between 2013 and 2017. Before joining HanesBrands, she worked at Monsanto Company in various roles of increasing responsibility, and most recently served as Senior Vice President, Global Business Operations.

Keith Gillespie

Mr. Keith E. Gillespie is Senior Vice President and Chief Sales Officer of the Company. In this capacity, he has responsibility for selling and commercial operations activities of the Company. Prior to this role, he served as Chief Strategy Officer of the Company from May 2015 to October 2016 with responsibility for corporate strategy, research and development, corporate development and marketing at the Company. Before joining the Company, he was Managing Director at AlixPartners from 2002 to 2015, where he was responsible for leading the firm’s Business and Consumer Services Practice and the firm’s Growth and Strategy Practice, as well as business improvement efforts at global companies across multiple sectors. Prior to AlixPartners, he served in various senior executive roles at McKinsey & Company, i2 Technologies, and TenFold Corporation.

Lanesha Minnix

Ms. Lanesha Minnix is Senior Vice President and Chief Legal Officer of the Company. Ms. Minnix will join Flowserve from BMC Stock Holdings, Inc., a leading provider of diversified residential building materials, where she served as senior vice president, general counsel and corporate secretary, since 2017. In this role, she had responsibility for all legal, compliance and risk management matters for the company. Prior to BMC, Ms. Minnix was vice president, deputy general counsel and chief compliance officer, at ABM Industries Incorporated where she oversaw the legal operations and global compliance program. She was also the divisional general counsel for the Company's international divisions, the Aviation and AirServ business and the Building and Energy Services business.

Charles Armstrong

Mr. Charles L. Armstrong is Vice President, Interim Chief Legal Officer of the company. He previously served as Vice President, Assistant General Counsel from April 2016 to March 2018 and Senior Legal Director – Litigation, Bankruptcy, and Intellectual Property from November 2006 to April 2016. Prior to joining Flowserve, he was employed with Strasburger & Price, an Am Law 200 law firm, for 5 years.

Ruby Chandy

Ms. Ruby R. Chandy is Independent Director of the company. Ms. Chandy was the President of the Industrial Division of Pall Corporation, a leading supplier of filtration, separation, and purification technologies, from April 2012 to November 2015. Previously, she was Managing Director, Vice President of Dow Plastics Additives, a unit of The Dow Chemical Company, a multinational chemical corporation, from 2011 to April 2012. Ms. Chandy is currently a director of AMETEK, Inc., a manufacturer of electronic instruments and electromechanical devices, serving since May 2013. She served as a director of IDEX Corporation, a designer and manufacturer of fluidics systems and specialty engineered products, from April 2006 until April 2013. We believe Ms. Chandy is well qualified to serve as a director due to her executive management experience and marketing and strategy skills, relevant experience in industrial companies, and extensive engineering and management education, which provides an intimate understanding of the Company’s customers and its operational challenges and opportunities.

Leif Darner

Mr. Leif E. Darner is Independent Director of Flowserve Corporation. From 2008 through 2013, From 2008 through 2013, Mr. Darner served as the Chief Executive Officer of performance coatings at Akzo Nobel N.V., a leading global paints and coatings company and major producer of specialty chemicals, where he also served on the board of management and executive committee from 2004 through 2013. Prior to his most recent role, Mr. Darner led the chemicals business of Akzo Nobel N.V., and was previously general manager of the marine and protective coatings business unit.

Gayla Delly

Ms. Gayla J. Delly is Independent Director of the Company. From January 2012 to September 2016, Ms. Delly served as President and Chief Executive Officer of Benchmark Electronics Inc., a company that provides contract manufacturing, design, engineering, test and distribution services to manufacturers of computers, medical devices, telecommunications equipment and industrial control and test instruments. Ms. Delly is a certified public accountant. At Benchmark Electronics Inc., she previously served as President from 2006 to December 2011, Executive Vice President and Chief Financial Officer from 2001 to 2006, and as Corporate Controller and Treasurer from 1995 to 2001. Ms. Delly currently serves as a director and member of the audit committee of Broadcom Ltd., a designer, developer and global supplier of semiconductor devices, being appointed in December 2017. From March 2005 to October 2008, Ms. Delly also served as a member of the board of directors for Power One, a provider of power conversion and management solutions.

Roger Fix

Mr. Roger L. Fix is Independent Director of Flowserve Corporation. Mr. Fix served as the President and Chief Executive Officer of Standex International Corporation (“Standex”), a publicly traded diversified manufacturing company, from 2003 to January 2014 and as a director for Standex from 2001 to October 2017. He was Standex’s Chief Operating Officer from 2001 to 2002. Before joining Standex, he was employed by Outboard Marine Corporation, a marine manufacturing company, as Chief Executive Officer and President from 2000 to 2001 and Chief Operating Officer and President during 2000. He also served as a member of its board of directors from 2000 to 2001. He served as Chief Executive of John Crane Inc., a global manufacturer of mechanical seals for pump and compressor applications in the process industry, from 1998 to 2000 and as its President — North America from 1996 to 1998. He was President of Xomox Corporation, a manufacturer of process control valves and actuators, from 1993 to 1996. He was also employed by Reda Pump Company, a manufacturer of electrical submersible pumping systems for oil production, from 1981 to 1993, most recently as Vice President and General Manager/Eastern Division. Since June 2014, Mr. Fix has served as a director of Commercial Vehicle Group, Inc., a global supplier of complete cab systems in the heavy duty truck, construction and agricultural markets including the specialty and military transportation markets.

John Friedery

Mr. John R. Friedery is Independent Director of Flowserve Corporation. From January 2008 to January 2010, Mr. Friedery served as Senior Vice President; President, Metal Beverage Packaging, Americas and Asia, for Ball Corporation, a provider of metal and plastic packaging for beverages, foods and household products, and of aerospace and other technologies services. From January 2004 to December 2007, he served as Ball Corporation’s Chief Operating Officer, Packaging Products Americas, and from April 2000 to May 2004 as the President, Metal Beverage Container operations, as well as other leadership roles in Ball Corporation since 1988. Prior to his employment with Ball Corporation, he served in field operations for Dresser/Atlas Well Services and in operations, exploration and production for Nondorf Oil and Gas. Mr. Friedery is currently providing strategic and management consulting services to the packaging and other manufacturing industries.

John Garrison

Mr. John L. Garrison, Jr., is Independent Director of the Company. He brings more than 25 years of industrial manufacturing experience to the Flowserve board of directors. He has served as the president and chief executive officer of Terex Corporation since 2015 and was appointed chairman of the Terex Board in August 2018. Terex is a publicly-traded global manufacturer of lifting and material processing products with an annual revenue of approximately $4.4 billion and 11,000 employees. Prior to Terex, John was president and chief executive officer of Bell Helicopter, a segment of Textron, Inc.

Joe Harlan

Mr. Joe E. Harlan is Independent Director of Flowserve Corporation. From September 2011 to August 2017, Mr. Harlan served in various executive positions at Dow Chemical Company, a global specialty chemical, advanced materials, agrosciences and plastics company, including most recently as Vice Chairman and Chief Commercial Officer from October 2014 to August 2017. From 2008 to August 2011, he served as Executive Vice President of the Consumer and Office Business of the 3M Company, a diversified consumer products and office supply provider. From 2005 to 2008, Mr. Harlan served as 3M Company’s Executive Vice President of the Electro and Communications Business. He served as President and Chief Executive Officer of Sumitomo 3M Ltd., a diversified technology and products manufacturer, from 2003 to 2004. Prior to his career with 3M Company, he spent 20 years with General Electric Company, holding a number of leadership positions including serving as Vice President of Finance and CFO for GE Lighting Group (Global).

Michael McMurray

Mr. Michael McMurray is Independent Director of the Company. He is a seasoned financial executive and is currently serving as senior vice president and chief financial officer of Owens Corning. Owens Corning is a publicly-traded composites and construction materials manufacturer with 19,000 employees in 37 countries and approximately $6.4 billion in annual revenue. Prior to this role, Michael served in the roles of vice president, Investor Relations and treasurer of Owens Corning’s Building Materials Group. Prior to joining Owens Corning in 2008, he had over two decades of finance experience at Royal Dutch Shell.

Richard Mills

Mr. Rick J. Mills is Independent Director of Flowserve Corp. He served as a Vice President of Cummins Inc., a manufacturer of large diesel engines, and President of the Components Group at Cummins Inc., from 2005 to March 2008. He was Vice President and President — Filtration Business from 2000 to 2005 and held other key management positions with Cummins Inc. from 1970 to 2000, including Corporate Controller and Chief Accounting Officer from 1996 to 2000. From February 2005 to April 2009, Mr. Mills served as a director for Rohm & Haas, a specialty chemicals company, which was sold to Dow Chemical in April 2009. From 2008 to 2010, Mr. Mills served as a director and member of the audit committee of GERDAU Ameristeel, the second largest mini-mill steel producer in North America, which was acquired by GERDAU, SA in 2010. Since January 2012, Mr. Mills has served as a director and member of the audit committee of Commercial Metals Company, a global manufacturer, recycler and marketer of steel and metal products and related materials. Since October 2013, Mr. Mills has served as director and member of the audit committee of Masonite International, a global manufacturer of interior and exterior doors, door components and door entry systems.

David Roberts

Mr. David E. Roberts Jr., is Independent Director of the Company. Since February 2017, Mr. Roberts has served as the Chief Executive Officer of Gavilan Resources, LLC, a private company formed in partnership with Blackstone that is focused on oil and natural gas development and production opportunities in South Texas. Prior to this role, Mr. Roberts served as President and CEO of Penn West Exploration, a Canadian oil and gas exploration and production company, from June 2013 to October 2016. He served as Executive Vice President and Chief Operating Officer of Marathon Oil Corporation, an independent upstream company with international operations in exploration and production, oil sands mining and integrated gas, from 2008 through December 2012. He held other key management positions with Marathon from 2006 through 2011, including Executive Vice President in charge of Marathon’s worldwide upstream operations and Senior Vice President of business development. Prior to his time at Marathon, Mr. Roberts held leadership roles at BG Group, an integrated natural gas company, and served as advisor to the Vice Chairman of Chevron Corporation from 2001 to 2003.

Mike Mullin