Flowserve Corp. announces that its board of directors has named Mark Blinn as its next president and chief executive officer, beginning Oct. 1, and as a member of the board of directors, effective immediately.
The company also announces that Lewis Kling, the company’s current president and chief executive, whose previously announced retirement is scheduled for February 2010, has been elected vice chairman of the board, effective Oct. 1.
Blinn joined Flowserve in 2004 as chief financial officer, after serving in the same capacity at Kinko’s prior to its acquisition by FedEx. In addition to his role as CFO with Flowserve, Blinn also has been in charge of Latin America operations for the company since October 2007.
Kling, who will retire on his 65th birthday in February, has been working closely with the board on a succession planning strategy since early 2008. “I am very proud of what Flowserve employees have accomplished over the past four years. I am now looking forward to supporting a smooth transition for our employees, customers and shareholders. As vice chairman, I will be able to be actively engaged at the board level, as well as support the management team as they begin the planning process for 2010,” Kling adds.
Flowserve Names Next President and CEO
September 9, 2009