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Flowserve Corporation (FLS)


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Flowserve Corporation

5215 North O'Connor Boulevard
Suite 2300
Irving, TX 75039
United States
972-443-6500
http://www.flowserve.com

SectorIndustrial Goods
IndustryDiversified Machinery
Full Time Employees18,000

Key Executives

NameTitlePayExercisedAge
Ms. Carey A. O'ConnorChief Legal Officer, Sr. VP and Corp. Sec.462.49kN/A45
Mr. Keith E. GillespieChief Sales Officer and Sr. VP568.35kN/A51
Mr. Thomas L. PajonasExec. VP and Pres of Industrial Product Operations843.81kN/A62
Mr. Robert Scott RoweChief Exec. Officer, Pres and DirectorN/AN/A46
Mr. John E. Roueche IIIInterim Chief Financial OfficerN/AN/A50
Amounts are as of December 31, 2016 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. Currency in USD.

Description

Flowserve Corporation designs, manufactures, distributes, and services industrial flow management equipment worldwide. The company operates through three segments: Engineered Product Division (EPD), Industrial Product Division (IPD), and Flow Control Division (FCD). The EPD segment offers custom and other engineered pumps and pump systems, mechanical seals, auxiliary systems, replacement parts, and related services, as well as manufactures gas-lubricated mechanical seal that is used in high-speed compressors. The IPD segment provides pre-configured engineered pumps and pump systems, and related products and services, including submersible motors and specialty products. The FCD segment offers industrial valve and automation solutions comprising isolation and control valves, actuation, controls, and related equipment; and energy management products, such as steam traps, boiler controls and condensate, and energy recovery systems. The FCD segment’s products are used to control, direct, and manage the flow of liquids and gases. The company also offers aftermarket equipment services consisting of installation, advanced diagnostics, repair, and retrofitting. It primarily serves oil and gas, chemical, power generation, and water management markets, as well as general industries that include mining and ore processing, pharmaceuticals, 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 1912 and is headquartered in Irving, Texas.

Corporate Governance

Flowserve Corporation’s ISS Governance QualityScore as of July 1, 2017 is 8. The pillar scores are Audit: 2; Board: 7; Shareholder Rights: 8; Compensation: 8.

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 a 10 indicates higher governance risk.