Flowserve has appointed R. Scott Rowe as its new president and chief executive officer, effective April 1, 2017.
Rowe will also join the Flowserve board of directors. He succeeds Mark Blinn, who previously announced his intention to retire and will step down from the Flowserve board, effective March 31, 2017.
Rowe most recently served as president of Cameron following the merger with Schlumberger. Before that, his titles at Cameron included president and CEO, president and COO, CEO of OneSubsea, president of the Subsea Systems Division, president of the Engineered & Process Valves Division, and president of the Process Valves & Aftermarket Division.
“We are thrilled to welcome Scott to Flowserve,” said William C. Rusnack, chairman of the board of directors. “Scott is a highly accomplished executive with a proven track record of success in operational excellence and driving superior results throughout business cycles. He knows both our business and our customers and their needs, which is critical as we continue to differentiate ourselves as an industry leader. His extensive executive leadership experience in the flow control industry makes him the ideal person to lead Flowserve through its next phase in the company’s history.”
“Flowserve is an industry leader with best-in-class fluid motion and control products and services and some of the most dedicated, hard-working employees in the business,” said Rowe. “I have long admired Flowserve, and have great respect for its extensive portfolio of product brands and its commitment to customer relationships. In recent years, the board and management team have focused on restructuring the business, optimizing its manufacturing footprint and realigning its workforce to strengthen the company’s competitive position. As CEO, I look forward to leveraging my experience and industry relationships to build on this solid foundation to enhance value for all stakeholders.”