FLOWSERVE CORPORATION (NYSE:FLS) Files An 8-K Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain OfficersItem 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.
On March 27, 2017, Lynn Elsenhans, a director of Flowserve Corporation (the “Company”), notified the Company of her intention to not stand for re-election at the 2017 annual meeting of shareholders. Ms. Elsenhans decided to not stand for re-election because she has been identified as a director of the company to be created by the pending business combination between Baker Hughes Incorporated and General Electric Company’s oil and gas business, a competitor of the Company, and not because of any disagreement with the Company.
About FLOWSERVE CORPORATION (NYSE:FLS)
Flowserve Corporation is a manufacturer and aftermarket service provider of flow control systems. The Company operates through three segments: Engineered Product Division (EPD), Industrial Product Division (IPD) and Flow Control Division (FCD). Its EPD designs, manufactures, distributes and services engineered pumps and pump systems, mechanical seals, auxiliary systems, replacement parts and related equipment. Its IPD designs, manufactures, distributes and services pre-configured engineered pumps and pump systems, including submersible motors, for industrial markets. Its FCD designs, manufactures, distributes and services a portfolio of industrial valve and automation solutions, including isolation and control valves, actuation, controls and related equipment. Its product portfolio of pumps, valves, seals, automation and aftermarket services support infrastructure industries, including oil and gas, chemical, power generation and water management. FLOWSERVE CORPORATION (NYSE:FLS) Recent Trading Information
FLOWSERVE CORPORATION (NYSE:FLS) closed its last trading session up +0.42 at 48.42 with 1,393,447 shares trading hands.