FWV.F - Flowserve Corporation

Frankfurt - Frankfurt Delayed Price. Currency in EUR

Flowserve Corporation

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

SectorIndustrials
IndustryDiversified Industrials
Full Time Employees17,000

Key Executives

NameTitlePayExercisedYear Born
Mr. Robert Scott RowePres, CEO & Director2.53MN/A1971
Mr. Lee S. EckertSr. VP & CFO990.16kN/A1967
Mr. Keith E. GillespieSr. VP & Chief Sales Officer936.02kN/A1966
Ms. Elizabeth L. BurgerSr. VP & Chief HR Officer694.31kN/A1971
Mr. David J. WilsonPres of Pumps Division901.41kN/A1969
Amounts are as of December 31, 2018 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 EUR.

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. 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, upgrades, and related aftermarket services, as well as manufactures a gas-lubricated mechanical seal for use in high-speed compressors for gas pipelines. The IPD segment provides engineered and pre-configured industrial pumps and pump systems; and aftermarket services, including product installation and commissioning services, seal systems spare parts, repairs, re-rate and upgrade solutions, and advanced diagnostics and maintenance solutions. The FCD segment offers industrial valve and automation solutions, including isolation and control valves, actuation, controls, and related equipment. This segment's products are used to control, direct, and manage the flow of liquids and gases. 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 June 25, 2019 is 9. The pillar scores are Audit: 5; Board: 7; Shareholder Rights: 9; 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.