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Tuesday, November 10, 2009, 10:14AM ET - U.S. Markets close in 5 hours and 46 minutes. Dow Up 0.23% Nasdaq Up 0.24%
Flowserve Corp. (FLS)At 9:59AM ET: 104.2911  Up 0.2211 (0.21%)  
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Flowserve Corp.
5215 North O'Connor Boulevard
Suite 2300
Irving, TX 75039
United States - Map
Phone: 972-443-6500
Fax: 972-443-6800
Web Site: http://www.flowserve.com

DETAILS 
Index Membership:S&P 500
S&P 1500 Super Comp
Sector:Industrial Goods
Industry:Diversified Machinery
Full Time Employees:15,000

BUSINESS SUMMARY 
Flowserve Corporation develops, manufactures, and sells precision-engineered flow control equipment, as well as provides a range of aftermarket equipment services. The company operates in three divisions: Flowserve Pump, Flow Control, and Flow Solutions. The Flowserve Pump division offers engineered and industrial pumps and pump systems; submersible motors; replacement parts; and related equipment primarily to industrial markets. Its products include centrifugal pumps, positive displacement pumps, and specialty products and systems, such as hydraulic decoking systems, reactor recycle systems, cryogenic liquid expanders, ionic gas compression, and thrusters. The Flow Control division designs, manufactures, and distributes industrial valve and automation solutions, including a range of valves, valve automation systems, diagnostic software, positioners, actuators, switches, steam traps, condensate and energy recovery systems, and boiler controls. The Flow Solutions division offers mechanical seals, sealing systems, and parts principally to process industries. Its products include cartridge seals, dry-running seals, metal bellow seals, elastomeric seals, slurry seals, split seals, gas barrier seals, couplings, and accessories and support systems. The company also provides aftermarket equipment services, such as installation, diagnostics, repair, and retrofitting. It serves oil and gas, chemical, power generation, and water treatment industries. Flowserve Corporation operates in North America, Europe, the Middle East, Africa, the Asia Pacific, and Latin America. The company sells its products through direct sales force, as well as through distributors and sales representatives. It has a joint venture agreement with S&A Abahsain Co. Ltd. to manufacture valves and actuators. The company was founded in 1912 and is headquartered in Irving, Texas.
Key Statistics

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    CORPORATE GOVERNANCE 
    Flowserve Corp.'s Corporate Governance Quotient (CGQ®) as of 6-Nov-09 is better than 86.8% of S&P 500 companies and 98.6% of Capital Goods companies.
    Brought to you by Institutional Shareholder Services.

    KEY EXECUTIVES 
     PayExercised
    Mr. Mark A. Blinn , 47
    Chief Exec. Officer, Pres
    $ 1.99M $ 1.57M
    Mr. Thomas E. Ferguson , 52
    Sr. VP and Pres of Flowserve Pump Division
    $ 1.70M $ 707.00K
    Mr. Thomas L. Pajonas , 53
    Sr. VP and Pres of Flow Control Division
    $ 1.76M $ 4.62M
    Mr. Mark D. Dailey , 50
    Chief Compliance Officer and Sr. VP of HR
    $ 1.25M $ 1.89M
    Mr. Richard J. Guiltinan Jr., 54
    Principal Financial Officer, Chief Accounting Officer, VP of Fin. and Controller
    N/A N/A
    Dollar amounts are as of 31-Dec-08 and compensation values are for the last fiscal year ending on that date. "Pay" is salary, bonuses, etc. "Exercised" is the value of options exercised during the fiscal year.
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