Flowserve
Irving, Texas, United States · Energy, Manufacturing, Oil And Gas
When you need to move, control and protect the flow of materials, Flowserve manufactures extraordinary products and extends a range of services for your critical applications. Flowserve's innovative solutions can help meet your sustainability targets, offset rising operating costs and transition to a digital infrastructure.
Key facts
- Headquarters
- Irving, Texas, United States
- Employees
- 13,612
- Industries
- Energy, Manufacturing, Oil And Gas
- Status
- Public (FLS)
- Website
- flowservecareers.com
- Company page
Recent activity at Flowserve
- : Flowserve Appoints Brian Ezzell as Chief Financial Officer
- : SEC 8-K (5.02): On September 14, 2026, Flowserve Corporation announced the resignation of Amy B. Schwetz from her role as Senior Vice President, Chief Financial Officer, and interim Chief Accounting Officer, effective September 30, 2026. Ms. Schwetz's resignation is unrelated to any financial issues. The company appointed Brian Ezzell as her successor, effective October 1, 2026, who previously served as Vice President of Financial Planning & Analysis and holds extensive experience in finance roles at other major companies. Ezzell will have an annual salary of $625,000 and bonuses structured around performance, including long-term incentives worth $1,600,000 starting in 2027. This change reflects strategic leadership succession in Flowserve's financial management.
- : SEC 8-K (5.02): On August 4, 2026, Flowserve Corporation's Board of Directors elected Ajay Agrawal as a new member of the Board, effective August 5, 2026. Mr. Agrawal currently serves as Chief Business Development Officer and Senior Vice President, Global Services for Carrier Global Corporation. He fills the newly created directorship increasing the Board size to ten directors, with his election linked to the company's governance adjustments following amendments to the By-Laws. Furthermore, Mr. Agrawal is set to join the Organization and Compensation Committee and the Technology, Innovation and Risk Committee, marking an important strategic enhancement to the Board as he is expected to be nominated for reelection at the 2027 annual shareholders meeting.
- : SEC 8-K (5.02): On August 4, 2026, Flowserve Corporation's Board of Directors elected Ajay Agrawal, Chief Business Development Officer and Senior Vice President, Global Services for Carrier Global Corporation, as a new member of the Board. This appointment is effective as of August 5, 2026. The addition of Mr. Agrawal to the Board is expected to enhance Flowserve's strategy in business development and global services, potentially leading to new opportunities in operational growth and service enhancements for the company.
- : SEC 8-K (7.01):
- : SEC 8-K (7.01): On June 30, 2026, Flowserve Corporation completed its acquisition of Trillium Flow Technologies’ Valves Division for $490 million in cash. Trillium's Valves Division is recognized as a market leader in providing highly engineered mission-critical valves utilized in nuclear and traditional power generation, as well as in industrial and critical infrastructure applications. This strategic acquisition is expected to enhance Flowserve's product offerings and increase its market competitiveness in key sectors. The acquisition was officially announced in a press release issued by Flowserve Corporation.
- : SEC 8-K (7.01): On May 28, 2026, Flowserve Corporation issued a press release reaffirming its previously announced full-year guidance for fiscal year 2026 in response to public statements by Starboard Value LP. This disclosure serves to inform shareholders and the public about the Company's outlook and strategic direction. The press release, attached as Exhibit 99.1, includes forward-looking statements regarding Flowserve's business strategy and expected financial performance, highlighting the potential risks and uncertainties that may impact results. The event emphasizes the Company's commitment to transparency and engagement with investors amidst ongoing market challenges.
- : SEC 8-K (1.01): On May 12, 2026, Flowserve Corporation entered into a material definitive agreement by issuing $500 million in aggregate principal amount of its 5.700% Senior Notes due 2036. This issuance was governed by a Senior Indenture, originally dated September 11, 2012, and supplemented by the Sixth Supplemental Indenture on the same date. The Notes have specific redemption conditions, including a Special Mandatory Redemption if the acquisition of Trillium Flow Technologies Valves Division is not consummated by February 4, 2027. The transaction suggests a strategic move by Flowserve Corporation to raise capital, with interest payments starting on November 15, 2026, and maturing on May 15, 2036.
- : Flowserve to acquire Trillium Flow Technologies
- : SEC 8-K (1.01): On May 5, 2026, Flowserve Corporation entered into an underwriting agreement with BofA Securities, Inc., J.P. Morgan Securities LLC, and Mizuho Securities USA LLC for the sale of $500 million aggregate principal amount of 5.700% Senior Notes due 2036. The offering is expected to close on May 12, 2026, pending customary closing conditions. The proceeds from this offering will primarily fund the acquisition of Trillium Flow Technologies Valves Division and may also be used for general corporate purposes, including debt repayment. If the acquisition is not completed by February 4, 2027, the Company plans to redeem the outstanding Notes using the net proceeds. This agreement sets forth the operational terms and conditions under which the Notes will be offered.
Leadership
- Brian Ezzell, Chief Financial Officer
- Alice DeBiasio, President
- Amy Schwetz, Chief Financial Officer
- Scott Rowe, Chief Executive Officer
Verified email and direct lines for Flowserve’s decision-makers are on Fundz. See plans — or book a 15-minute walkthrough.
Employee benefit plans
Flowserve files 6 employee benefit plans with the U.S. Department of Labor, including a retirement plan. The next plan year renews in Dec 2026.
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About Flowserve: questions and answers
What does Flowserve do?
When you need to move, control and protect the flow of materials, Flowserve manufactures extraordinary products and extends a range of services for your critical applications. Flowserve's innovative solutions can help meet your sustainability targets, offset rising operating costs and transition to a digital infrastructure.
Where is Flowserve headquartered?
Flowserve is headquartered in Irving, Texas, United States.
How many employees does Flowserve have?
Flowserve has about 13,612 employees.
Who leads Flowserve?
Alice DeBiasio is a President at Flowserve.
What is the latest news on Flowserve?
On Sep 14, 2026, Flowserve Appoints Brian Ezzell as Chief Financial Officer
Is Flowserve a public company?
Yes. Flowserve is publicly traded under the ticker FLS.
Source: Fundz records from SEC filings, press releases and company announcements. How Fundz measures data accuracy