Flowserve
Encyclopedia
The Flowserve Corporation is a world leading supplier of pumps, valves, seals, automation, and services to the power, oil, gas, chemical and other industries. Headquartered in Irving, Texas
, which is a suburb of Dallas, Texas
, Flowserve has over 15,000 employees in more than 50 countries. Flowserve sells products and offers aftermarket services to some of the world's leading engineering and construction firms, original equipment manufacturers, distributors and end users. The Flowserve brand named originated in 1997 with a merger of BW/IP and Durco International.
On August 21, 2007, Flowserve Corporation was recognized by CIO Magazine as one of the 2007 CIO 100 Award Honorees.
The most recent additions to the Flowserve family include HydroTechnik Olomouc in 2006, Sealing Systems in 2007, Calder Ag in 2009 and Valbart Srl in 2010.
July-
August-
September-
October-
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April-
May-
July-
August-
September-
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February-
March-
May-
October-
announced Lewis M. Kling, COO
at the time, as the new president, CEO
, and a member of the board of directors. On May 30, 2007 Kling's employment agreement was extended until February 28, 2010. Lewis M. King announced his retirement at the end of the upon agreement in February 2010. King was elected Vice Chairman of the Board effective October 1, 2009. Mark Blinn succeeded King as CEO. Previously Mark Blinn served as CFO
from 2004 to October 1, 2009 when he officially took over as CEO
and Vice Chairman of the Board.
Current members of the board of directors
of Flowserve are: Mark A. Blinn, Kevin E. Sheehan, Christopher A. Bartlett (DBA), Gayla J. Delly, Roger L. Fix, John R. Friedery, Joseph E. Harlan, Diane C. Harris, Michael F. Johnston, Lewis M. Kling, Rick J. Mills, Charles M. Rampacek, James O. Rollans and William C. Rusnack.
, TX
, Kalamazoo, MI
, Houston, TX
, Baton Rouge, Louisiana
, and Desio
, Italy
. The Learning Resource Center (LRC) in Irving is 24000 square feet (2,229.7 m²) with classrooms, static labs, and power labs with complete pumping systems.
The LRC in Italy is the most recent, opening on April 20, 2010.
, Flowserve donated $50,000 and matched up to $50,000 in employee donations to the Red Cross according to a CNN
article.
Irving, Texas
Irving is a city located in the U.S. state of Texas within Dallas County. According to the 2010 U.S. Census, the city population was 216,290. Irving is within the Dallas–Plano–Irving metropolitan division of the Dallas–Fort Worth–Arlington metropolitan area, designated...
, which is a suburb of Dallas, Texas
Dallas, Texas
Dallas is the third-largest city in Texas and the ninth-largest in the United States. The Dallas-Fort Worth Metroplex is the largest metropolitan area in the South and fourth-largest metropolitan area in the United States...
, Flowserve has over 15,000 employees in more than 50 countries. Flowserve sells products and offers aftermarket services to some of the world's leading engineering and construction firms, original equipment manufacturers, distributors and end users. The Flowserve brand named originated in 1997 with a merger of BW/IP and Durco International.
On August 21, 2007, Flowserve Corporation was recognized by CIO Magazine as one of the 2007 CIO 100 Award Honorees.
History
Flowserve heritage dates back to the 1790 founding of Simpson & Thompson, later to become Worthington Simpson Pumps, one of the companies that became part of BW/IP. The company was created in 1997 with the merger of two fluid motion and control companies – BW/IP and Durco International. Over the years, Flowserve has evolved through organic growth and strategic acquisitions. The 220-year history of Flowserve heritage brands serves as the foundation for the breadth and depth of Flowserve products and services today.The most recent additions to the Flowserve family include HydroTechnik Olomouc in 2006, Sealing Systems in 2007, Calder Ag in 2009 and Valbart Srl in 2010.
Flowserve Heritage Brands
Flowserve comprises over 48 fluid motion and control products. They are in alphabetical order: ACEC Centrifugal, Accord, Aldrich, Anchor Darling, Argus, Atomac, Automax, BW Seals, Byron Jackson, Cameron, DuraClear, Durametallic, Durco, Edward, Five Star Seals, Flowserve, Gestra, IDP, Interseal, Jeumont-Schneider, Kammer, Limitorque, Logix, McCANNA/MARPAC, NAF, NAVAL, Noble Alloy, Norbro, Nordstrom, PMV, Pac-Seal, Pacific, Pacific Wietz, Pleuger, Polyvalve, Schmidt Armaturen, Scienco, Serck Audco, Sier-Bath Rotary, TKL, United Centrifugal, Valtek, Valtek EMA, Vogt, Western Land Roller, Wilson-Snyder, Worcester Controls, Worthington.Flowserve acquisitions
Flowserve has grown through mergers and acquisitions.- Acquisitions under Flowserve Corporation
- 1997 - Merger of BW/IP and Durco International (Formation of brand name Flowserve)
- 1997 - Stork Engineered Pumps
- 2000 - Ingersoll-Dresser Pumps (IDP)
- 2000 - Invatec
- 2000 - Ecoon
- 2002 - Invensys Flow Control
- 2004 - Thompsons Kelly & Lewis (TKL)
- 2005 - Interseal
- 2006 - HydroTechnik
- 2007 - MF Sealing Systems
- 2009 - Calder AG
- 2010 - Valbart Srl
2006
June-- Flowserve signed a joint venture to build middle east's largest pump repair-manufacture-test-training facility in Saudi ArabiaSaudi ArabiaThe Kingdom of Saudi Arabia , commonly known in British English as Saudi Arabia and in Arabic as as-Sa‘ūdiyyah , is the largest state in Western Asia by land area, constituting the bulk of the Arabian Peninsula, and the second-largest in the Arab World...
.
- Flowserve acquired HydroTechnik Olomouc, s.r.o., a privately held mechanical seal manufacturer based in OlomoucOlomoucOlomouc is a city in Moravia, in the east of the Czech Republic. The city is located on the Morava river and is the ecclesiastical metropolis and historical capital city of Moravia. Nowadays, it is an administrative centre of the Olomouc Region and sixth largest city in the Czech Republic...
, Czech RepublicCzech RepublicThe Czech Republic is a landlocked country in Central Europe. The country is bordered by Poland to the northeast, Slovakia to the east, Austria to the south, and Germany to the west and northwest....
.
- Flowserve filed its 2005 Form 10-KForm 10-KA Form 10-K is an annual report required by the U.S. Securities and Exchange Commission , that gives a comprehensive summary of a public company's performance...
annual report with the SECUnited States Securities and Exchange CommissionThe U.S. Securities and Exchange Commission is a federal agency which holds primary responsibility for enforcing the federal securities laws and regulating the securities industry, the nation's stock and options exchanges, and other electronic securities markets in the United States...
and announced financial results for 2005.
July-
- Flowserve launched the Guardian 3000. It is Flowserve's smallest pump as well as their first electronics cooling pump. The pump is designed to cool Central processing unitCentral processing unitThe central processing unit is the portion of a computer system that carries out the instructions of a computer program, to perform the basic arithmetical, logical, and input/output operations of the system. The CPU plays a role somewhat analogous to the brain in the computer. The term has been in...
and graphics chips in high-end consumer personal computers.
August-
- Flowserve Announces Opening of Suzhou, China, Manufacturing Facility. The state-of-the-art facility will support the company's existing China operations in BeijingBeijingBeijing , also known as Peking , is the capital of the People's Republic of China and one of the most populous cities in the world, with a population of 19,612,368 as of 2010. The city is the country's political, cultural, and educational center, and home to the headquarters for most of China's...
, ShanghaiShanghaiShanghai is the largest city by population in China and the largest city proper in the world. It is one of the four province-level municipalities in the People's Republic of China, with a total population of over 23 million as of 2010...
, DalianDalianDalian is a major city and seaport in the south of Liaoning province, Northeast China. It faces Shandong to the south, the Yellow Sea to the east and the Bohai Sea to the west and south. Holding sub-provincial administrative status, Dalian is the southernmost city of Northeast China and China's...
and ShenzhenShenzhenShenzhen is a major city in the south of Southern China's Guangdong Province, situated immediately north of Hong Kong. The area became China's first—and one of the most successful—Special Economic Zones...
by providing pumps, valves, seals and services to the oil and gas, power, chemical processing and water sectors as well as other industries.
- Flowserve President and CEO Lewis Kling receives highest honor given by the Chinese government to foreign business leaders. He is the recipient of the 2006 Marco Polo Award which recognizes foreign business leaders who play a significant role in China's economic development and who demonstrate a commitment to improving Chinese society by sponsoring volunteer experts for humanitarian assignments.
September-
- Flowserve Opens Quick Response Center in the Netherlands. Located in MoerdijkMoerdijkMoerdijk is a municipality and a town in the South of the Netherlands, in the province of North Brabant.- History :The municipality of Moerdijk was founded in 1997 following the merger of the municipalities of Fijnaart en Heijningen, Klundert, Standdaarbuiten, Willemstad and Zevenbergen. At that...
, NetherlandsNetherlandsThe Netherlands is a constituent country of the Kingdom of the Netherlands, located mainly in North-West Europe and with several islands in the Caribbean. Mainland Netherlands borders the North Sea to the north and west, Belgium to the south, and Germany to the east, and shares maritime borders...
. The Moerdijk Quick Response Center (QRC) is a fully equipped, regional sales and service center that provides complete sealing solutions and superior, localized customer support.
October-
- Flowserve Receives Industry Leadership Awards. Flowserve announces that it has received two prestigious industry awards from global growth consulting company Frost & SullivanFrost & SullivanFrost & Sullivan, Inc. is an American firm which provides market research & analysis, growth strategy consulting and corporate training services. Its headquarters are located in San Antonio, Texas, with offices in over 20 countries across the world....
honoring its market leadership in the pump sector. The two awards cite Flowserve's excellence in providing superior value to its customers and its global penetration in the oil and gas industry.
December-
- Flowserve Opens Quick Response Center and Training Facility in Germany. Located in EssenEssen- Origin of the name :In German-speaking countries, the name of the city Essen often causes confusion as to its origins, because it is commonly known as the German infinitive of the verb for the act of eating, and/or the German noun for food. Although scholars still dispute the interpretation of...
, GermanyGermanyGermany , officially the Federal Republic of Germany , is a federal parliamentary republic in Europe. The country consists of 16 states while the capital and largest city is Berlin. Germany covers an area of 357,021 km2 and has a largely temperate seasonal climate...
. The facility houses a Quick Response Center (QRC) that provides local sales, service, support and manufacturing of seals and associated products, and a Learning Resource Center (LRC) that offers best-practices maintenance training programs for pumps and seals for employees and customers.
2007
January-- National Safety Council Honors Flowserve With 10 Industry Leader Awards for 2006. The National Safety CouncilNational Safety CouncilThe National Safety Council is a 501 nonprofit, nongovernmental public service organization dedicated to protecting life and promoting health. Headquartered in Itasca, Illinois, NSC is a member organization, founded in 1913 and granted a congressional charter in 1953...
(NSC) has honored Flowserve Corporation with 10 Industry Leader Awards for 2006, designating it as one of the safest companies in America. Flowserve received nearly six percent of the total of 168 NSC awards bestowed, the second most awards garnered by any one company for achievement in the 2005 calendar year.
April-
- Flowserve Announces the Opening of a New US$8.5 Million Manufacturing Facility in India. Flowserve announces the opening of its new Pump manufacturing facility in CoimbatoreCoimbatoreCoimbatore , also known as Kovai , is the second largest city in the Indian state of Tamil Nadu. It is a major commercial centre in Tamil Nadu and is known as the "Manchester of South India"....
, IndiaIndiaIndia , officially the Republic of India , is a country in South Asia. It is the seventh-largest country by geographical area, the second-most populous country with over 1.2 billion people, and the most populous democracy in the world...
. The state-of-the-art facility will support the company's existing Indian operations and provide pump products, for the oil and gas, power and chemical industries.
- Flowserve Receives Inaugural Award for Business Cooperation From Indo-American Chamber in ChennaiChennaiChennai , formerly known as Madras or Madarasapatinam , is the capital city of the Indian state of Tamil Nadu, located on the Coromandel Coast off the Bay of Bengal. Chennai is the fourth most populous metropolitan area and the sixth most populous city in India...
, IndiaIndiaIndia , officially the Republic of India , is a country in South Asia. It is the seventh-largest country by geographical area, the second-most populous country with over 1.2 billion people, and the most populous democracy in the world...
. Flowserve was honored as the recipient of the Indo-American Chamber-Sanmar Indo-U.S. Business Cooperation Award. The award was developed to recognize the efforts of individuals and business enterprises for their significant contribution in promoting Indo-U.S. relationships through business and economic activity.
- Flowserve Celebrates Grand Opening of SuzhouSuzhouSuzhou , previously transliterated as Su-chou, Suchow, and Soochow, is a major city located in the southeast of Jiangsu Province in Eastern China, located adjacent to Shanghai Municipality. The city is situated on the lower reaches of the Yangtze River and on the shores of Taihu Lake and is a part...
, ChinaChinaChinese civilization may refer to:* China for more general discussion of the country.* Chinese culture* Greater China, the transnational community of ethnic Chinese.* History of China* Sinosphere, the area historically affected by Chinese culture...
, Manufacturing Facility. Flowserve held a grand opening ceremony today at its new pump, valve and seal manufacturing facility in Suzhou, China. The state-of-the-art facility supports the company's existing China operations in Beijing, Shanghai, Dalian and Shenzhen by providing pumps, valves, seals and services to the oil and gas, power, chemical processing and water sectors as well as other industries.
- Ferguson Selected as Chairman of the Board for the Hydraulic Institute. Flowserve announces that Thomas E. Ferguson has been chosen as Chairman of the Board for the Hydraulic Institute (HI) for 2007–2008. Ferguson serves as President of Flowserve Pump Division, and was recently promoted to this chairmanship at the Hydraulic Institute’s 90th Annual Meeting in San Antonio, Texas.
- Flowserve Announces Joint Venture Partnership in China with Changsha Pump Works to Focus on China's Expanding Power and Water Industries. Flowserve announces a new joint venture agreement with Changsha Pump Works in ChinaChinaChinese civilization may refer to:* China for more general discussion of the country.* Chinese culture* Greater China, the transnational community of ethnic Chinese.* History of China* Sinosphere, the area historically affected by Chinese culture...
. The new joint venture between Flowserve and Changsha Pump Works, which is owned by Xiangtan Electric Manufacturing Co. (XEMC), will focus on the growing power and water industries in China.
May-
- Flowserve President and Chief Executive Officer Lewis M. Kling Receives Employment Extension from Board Until 2010. Flowserve announces that the company has entered into an employment extension agreement with its President and CEO, Lewis M. Kling. Under the extension, Kling has agreed to be available to serve in this capacity until February 28, 2010, when he turns age 65.
July-
- Flowserve Announces Agreement to Sell Small Swiss Manufacturing Facility and Two Small Non-Core Valve Product Lines. Flowserve announces that it has reached a definitive agreement to sell its small production facility in La Chaux-de-FondsLa Chaux-de-FondsLa Chaux-de-Fonds is a Swiss city of the district of La Chaux-de-Fonds in the canton of Neuchâtel. It is located in the Jura mountains at an altitude of 1000 m, a few kilometres from the French border. After Geneva and Lausanne, it is the third largest city of Romandie, the French-speaking part of...
, SwitzerlandSwitzerlandSwitzerland name of one of the Swiss cantons. ; ; ; or ), in its full name the Swiss Confederation , is a federal republic consisting of 26 cantons, with Bern as the seat of the federal authorities. The country is situated in Western Europe,Or Central Europe depending on the definition....
and two small non-core valve product lines located there. This move will enable Flowserve to eliminate redundant production of several other retained valve products.
- Flowserve Invests in Research and Development. Flowserve announces the opening of the Flow Control Engineering Center (FCEC), a new research and development facility in BangaloreBangaloreBengaluru , formerly called Bengaluru is the capital of the Indian state of Karnataka. Bangalore is nicknamed the Garden City and was once called a pensioner's paradise. Located on the Deccan Plateau in the south-eastern part of Karnataka, Bangalore is India's third most populous city and...
, IndiaIndiaIndia , officially the Republic of India , is a country in South Asia. It is the seventh-largest country by geographical area, the second-most populous country with over 1.2 billion people, and the most populous democracy in the world...
.
- Flowserve Acquires MF Sealing Systems. Flowserve acquires MF Sealing Systems in MiddlesbroughMiddlesbroughMiddlesbrough is a large town situated on the south bank of the River Tees in north east England, that sits within the ceremonial county of North Yorkshire...
, UK. The company says this is designed to strengthen a long-standing alliance between the two companies for pump and seal sales and maintenance, and should further enhance Flowserve’s operations in the British pump and mechanical seal markets.
- Flowserve Corporation Celebrates 10-Year Anniversary. Flowserve celebrates the 10th anniversary of its incorporation and listing on the New York Stock Exchange (NYSE).
August-
- Flowserve Corp. Recognized by CIO Magazine as One of the 2007 CIO 100 Award Honorees. IDG's CIO Magazine today announced Flowserve as a recipient of the 2007 CIO 100. The 20th annual award program recognizes organizations around the world that exemplify the highest level of operational and strategic excellence in information technology (IT).
September-
- Flowserve and Wood Group Form Cooperation Agreement. Flowserve Corporation and Wood Group Light Industrial Turbines Division, announce a cooperative agreement to establish a compressor dry gas seal retrofit program. This agreement will provide for a wide range of compressor overhaul and mechanical seal upgrade solutions to the oil and gas marketplace.
- Flowserve Corp. Reaches Agreement to Sell Swedish Non-Core Measurement Assets to Indutrade. Flowserve announces that it has reached a definitive agreement to sell certain product distribution assets of its small non-core instrumentation and positioner facility in KarlstadKarlstadKarlstad is a city, the seat of Karlstad Municipality, the capital of Värmland County, and the largest city in the province Värmland in Sweden. The city had 61,685 inhabitants in 2010 out of a municipal total that during the first quarter 2010 was 84,885 inhabitants...
, SwedenSwedenSweden , officially the Kingdom of Sweden , is a Nordic country on the Scandinavian Peninsula in Northern Europe. Sweden borders with Norway and Finland and is connected to Denmark by a bridge-tunnel across the Öresund....
, to Indutrade.
November-
- Flowserve Signs Exclusive Memorandum of Understanding with China National Nuclear Corporation and SUFA Technology Industry Co., LTD CNNC to Explore the Production of Valve Products for China's Growing Civilian Nuclear Power. Flowserve Corporation announcesthat it has signed a Memorandum of Understanding with the China National Nuclear CorporationChina National Nuclear CorporationThe China National Nuclear Corporation was established on 16 September 1988 by a Government of China decree. CNNC's president and vice-president are appointed by the Premier of the State Council. However the CNNC is a self-supporting economic corporation, not a government administrative body. It...
(CNNC) and SUFA Technology Industry Co., LTD CNNC (SUFA). This Memorandum of Understanding is an exclusive agreement for the companies to explore forming a joint venture partnership in SuzhouSuzhouSuzhou , previously transliterated as Su-chou, Suchow, and Soochow, is a major city located in the southeast of Jiangsu Province in Eastern China, located adjacent to Shanghai Municipality. The city is situated on the lower reaches of the Yangtze River and on the shores of Taihu Lake and is a part...
, ChinaChinaChinese civilization may refer to:* China for more general discussion of the country.* Chinese culture* Greater China, the transnational community of ethnic Chinese.* History of China* Sinosphere, the area historically affected by Chinese culture...
.
- Flowserve Reaches Tentative Agreement to Sell Rail Assets in Australia. Flowserve announces it has reached a tentative agreement to sell the rail business related assets of its wholly owned Australian subsidiary Thompsons Kelly & Lewis Pty Ltd. (TKL), to Vossloh AG. Terms of the sale were not disclosed.
- Flowserve Breaks Ground for Quick Response Center in Dubai. Flowserve announces y it has broken ground on its newest Quick Response Center (QRC) located within the Jebel Ali Free Zone in DubaiDubaiDubai is a city and emirate in the United Arab Emirates . The emirate is located south of the Persian Gulf on the Arabian Peninsula and has the largest population with the second-largest land territory by area of all the emirates, after Abu Dhabi...
, United Arab EmiratesUnited Arab EmiratesThe United Arab Emirates, abbreviated as the UAE, or shortened to "the Emirates", is a state situated in the southeast of the Arabian Peninsula in Western Asia on the Persian Gulf, bordering Oman, and Saudi Arabia, and sharing sea borders with Iraq, Kuwait, Bahrain, Qatar, and Iran.The UAE is a...
.
2008
January-- Flowserve Selected by Automation Professionals as a 2007 Readers' Choice Award Winner from Control Magazine. Flow servewas selected by automation professionals in the January 2008 issue of Control magazine as the "2007 Readers' Choice Award" winner in the category of electric valve actuation. Flowserve produces the Limitorque brand of electric actuators and received more votes than any other company in the category.
February-
- Flowserve Introduces Breakthrough in Gaseous Noise Attenuation. Flowserve announces the release of Flowserve Valtek Stealth , a patented gaseous noise trim that reduces sound pressure levels in the most demanding applications.
- Flowserve and China's Sinopec Corp. Sign Strategic Cooperation Agreement. Flowserve has signed a strategic cooperation agreement with China Petroleum & Chemical Corporation (Sinopec Corp.).
March-
- Flowserve Continues to Grow Presence in Asia-Pacific Region with Acquisition of Full Ownership Interest of Niigata Worthington in Japan. Flowserve acquires the remaining 50 percent of shares needed to have full ownership interest in Niigata Worthington in Kawasaki, KanagawaKawasaki, Kanagawais a city located in Kanagawa Prefecture, Japan, between Tokyo and Yokohama. It is the 9th most populated city in Japan and one of the main cities forming the Greater Tokyo Area and Keihin Industrial Area....
, Japan.
- Flowserve Enhances Field Service Capabilities on Nuclear Valves. Flowserve announces it has enhanced its on-site refurbishment capabilities for the Flowserve Edward and Anchor-Darling Field Service Unit.
May-
- Flowserve to Supply Valves For Two Westinghouse AP1000 Nuclear Power Plants Being Built in China. Flowserve announces it will supply main steam isolation valves for the first two Westinghouse Electric Company AP1000 nuclear power plant projects in China as part of a multi-million dollar (USD) contract.
2009
August-- Flowserves Names Mark Blinn CEO. The Board of Directors named Mark A. Blinn, 47, as its next PresidentPresidentA president is a leader of an organization, company, trade union, university, or country.Etymologically, a president is one who presides, who sits in leadership...
and Chief Executive OfficerChief executive officerA chief executive officer , managing director , Executive Director for non-profit organizations, or chief executive is the highest-ranking corporate officer or administrator in charge of total management of an organization...
, beginning October 1, 2009 and as a member of the Board of DirectorsBoard of directorsA board of directors is a body of elected or appointed members who jointly oversee the activities of a company or organization. Other names include board of governors, board of managers, board of regents, board of trustees, and board of visitors...
, effective immediately. Blinn joined Flowserve in 2004 as Chief Financial OfficerChief financial officerThe chief financial officer or Chief financial and operating officer is a corporate officer primarily responsible for managing the financial risks of the corporation. This officer is also responsible for financial planning and record-keeping, as well as financial reporting to higher management...
after serving in the same capacity at Kinko’s prior to its acquisition by FedExFedExFedEx Corporation , originally known as FDX Corporation, is a logistics services company, based in the United States with headquarters in Memphis, Tennessee...
. He earned a B.S. degree from the school of engineering, a J.D. in law and an M.B.A. from Southern Methodist UniversitySouthern Methodist UniversitySouthern Methodist University is a private university in Dallas, Texas, United States. Founded in 1911 by the Methodist Episcopal Church, South, SMU operates campuses in Dallas, Plano, and Taos, New Mexico. SMU is owned by the South Central Jurisdiction of the United Methodist Church...
in Dallas. In addition to his role as CFO with Flowserve, Blinn has also been in charge of Latin America operations for the company since October, 2007.
October-
- Mark Blinn becomes active CEO and Vice Chairman of the Board.
Industries Served
- Oil & Gas
- Production, Refining, Pipeline, Gas Processing
- Power Generation
- Nuclear Power, Combine Cycle, Conventional Boiler
- Chemical Processing
- Acid Transfer, Caustic and Chlor-Alkali, Pharmaceuticals, Polymers, Slurry Processing, Solvents, Volatile Organic Compounds, Waste Processing, Auxiliary
- Water Resources
- Water Supply and Distribution, Water Treatment, Desalination, Flood Control, Ground Water Development and Irrigation, Wastewater Collection and Treatment, Snowmaking
- General Industry
- Mining, Primary Metals, Pulp and Paper
Corporate Governance
In July 2005, Flowserve underwent a leadership change. The board of directorsBoard of directors
A board of directors is a body of elected or appointed members who jointly oversee the activities of a company or organization. Other names include board of governors, board of managers, board of regents, board of trustees, and board of visitors...
announced Lewis M. Kling, COO
Chief operating officer
A Chief Operating Officer or Director of Operations can be one of the highest-ranking executives in an organization and comprises part of the "C-Suite"...
at the time, as the new president, CEO
Chief executive officer
A chief executive officer , managing director , Executive Director for non-profit organizations, or chief executive is the highest-ranking corporate officer or administrator in charge of total management of an organization...
, and a member of the board of directors. On May 30, 2007 Kling's employment agreement was extended until February 28, 2010. Lewis M. King announced his retirement at the end of the upon agreement in February 2010. King was elected Vice Chairman of the Board effective October 1, 2009. Mark Blinn succeeded King as CEO. Previously Mark Blinn served as CFO
Chief financial officer
The chief financial officer or Chief financial and operating officer is a corporate officer primarily responsible for managing the financial risks of the corporation. This officer is also responsible for financial planning and record-keeping, as well as financial reporting to higher management...
from 2004 to October 1, 2009 when he officially took over as CEO
Chief executive officer
A chief executive officer , managing director , Executive Director for non-profit organizations, or chief executive is the highest-ranking corporate officer or administrator in charge of total management of an organization...
and Vice Chairman of the Board.
Current members of the board of directors
Board of directors
A board of directors is a body of elected or appointed members who jointly oversee the activities of a company or organization. Other names include board of governors, board of managers, board of regents, board of trustees, and board of visitors...
of Flowserve are: Mark A. Blinn, Kevin E. Sheehan, Christopher A. Bartlett (DBA), Gayla J. Delly, Roger L. Fix, John R. Friedery, Joseph E. Harlan, Diane C. Harris, Michael F. Johnston, Lewis M. Kling, Rick J. Mills, Charles M. Rampacek, James O. Rollans and William C. Rusnack.
Educational Services
Flowserve has 5 training centers for students around the world to attend. They are in IrvingIrving, Texas
Irving is a city located in the U.S. state of Texas within Dallas County. According to the 2010 U.S. Census, the city population was 216,290. Irving is within the Dallas–Plano–Irving metropolitan division of the Dallas–Fort Worth–Arlington metropolitan area, designated...
, TX
Texas
Texas is the second largest U.S. state by both area and population, and the largest state by area in the contiguous United States.The name, based on the Caddo word "Tejas" meaning "friends" or "allies", was applied by the Spanish to the Caddo themselves and to the region of their settlement in...
, Kalamazoo, MI
Michigan
Michigan is a U.S. state located in the Great Lakes Region of the United States of America. The name Michigan is the French form of the Ojibwa word mishigamaa, meaning "large water" or "large lake"....
, Houston, TX
Texas
Texas is the second largest U.S. state by both area and population, and the largest state by area in the contiguous United States.The name, based on the Caddo word "Tejas" meaning "friends" or "allies", was applied by the Spanish to the Caddo themselves and to the region of their settlement in...
, Baton Rouge, Louisiana
Louisiana
Louisiana is a state located in the southern region of the United States of America. Its capital is Baton Rouge and largest city is New Orleans. Louisiana is the only state in the U.S. with political subdivisions termed parishes, which are local governments equivalent to counties...
, and Desio
Desio
Desio is a town and comune in the Province of Monza and Brianza, Italy.-History:In 1277 it was the location of the battle between the Visconti and della Torre families for the rule of Milan. It is also known as the birthplace of Pope Pius XI and the Arsenal goalkeeper, Vito Mannone...
, Italy
Italy
Italy , officially the Italian Republic languages]] under the European Charter for Regional or Minority Languages. In each of these, Italy's official name is as follows:;;;;;;;;), is a unitary parliamentary republic in South-Central Europe. To the north it borders France, Switzerland, Austria and...
. The Learning Resource Center (LRC) in Irving is 24000 square feet (2,229.7 m²) with classrooms, static labs, and power labs with complete pumping systems.
The LRC in Italy is the most recent, opening on April 20, 2010.
Environmental Efforts
To support the Hurricane Katrina disaster reliefHurricane Katrina disaster relief
The disaster recovery response to Hurricane Katrina included federal government agencies suchas the Federal Emergency Management Agency , state and local-level agencies, federal and National Guard soldiers, non-governmental organizations, charities, and private individuals...
, Flowserve donated $50,000 and matched up to $50,000 in employee donations to the Red Cross according to a CNN
CNN
Cable News Network is a U.S. cable news channel founded in 1980 by Ted Turner. Upon its launch, CNN was the first channel to provide 24-hour television news coverage, and the first all-news television channel in the United States...
article.