FLS · Flowserve Corp · Executive Compensation
$74.37
+1.31 (+1.79%)
At close · Oct 2
Return incl. dividend (before tax)
Market Cap
$9.38B
Shares
127.11M
Volume · Oct 2
1.1M
Avg daily vol (3M)
1.69M
Named-executive compensation from the company's DEF 14A proxy statements — salary, bonus, stock and option awards, non-equity incentive, and the company-reported total per executive per fiscal year, exactly as disclosed in the Summary Compensation Table.
Fiscal 2025
| Executive | Role | Total |
|---|---|---|
| R. Scott Rowe | President & Chief Executive Officer | $10,914,232 |
| Scott Rowe | President & Chief Executive Officer | $10,914,232 |
| Amy B. Schwetz | Senior Vice President & Chief Financial Officer | $4,135,069 |
| Amy Schwetz | Senior Vice President & Chief Financial Officer | $4,135,069 |
| Lamar L. Duhon | Former President, Flowserve Pumps Division | $2,465,059 |
| Susan C. Hudson | Senior Vice President, Chief Legal Officer and Corporate Secretary | $1,909,325 |
| Kirk R. Wilson | Senior Advisor | $1,691,717 |
| Alice DeBiasio | President, Flow Control Division | $926,588 |
| Alice M. DeBiasio | — | $926,588 |
Fiscal 2024
| Executive | Role | Total |
|---|---|---|
| Scott Rowe | President & Chief Executive Officer | $10,599,087 |
| R. Scott Rowe | President & Chief Executive Officer | $10,599,087 |
| Amy Schwetz | Senior Vice President & Chief Financial Officer | $4,072,059 |
| Amy B. Schwetz | Senior Vice President & Chief Financial Officer | $4,072,059 |
| Lamar L. Duhon | President, Flowserve Pumps Division — | $2,531,505 |
| Susan C. Hudson | Senior Vice President, Chief Legal Officer and Corporate Secretary — | $1,839,345 |
| Kirk R. Wilson | President, Flow Control Division — | $1,777,068 |
Fiscal 2023
| Executive | Role | Total |
|---|---|---|
| R. Scott Rowe | President & Chief Executive Officer | $10,583,487 |
| Scott Rowe | President & Chief Executive Officer | $10,583,487 |
| Amy B. Schwetz | Senior Vice President & Chief Financial Officer | $3,925,641 |
| Amy Schwetz | Senior Vice President & Chief Financial Officer | $3,925,641 |
| Lamar L. Duhon | President, Flowserve Pumps Division — | $2,102,970 |
| Kirk R. Wilson | President, Flow Control Division — | $1,825,467 |
| Susan C. Hudson | Senior Vice President, Chief Legal Officer and Corporate Secretary — | $1,715,832 |
Fiscal 2022
| Executive | Role | Total |
|---|---|---|
| R. Scott Rowe | President & Chief Executive Officer | $8,702,893 |
| Scott Rowe | President & Chief Executive Officer | $8,702,893 |
| Amy Schwetz | Senior Vice President & Chief Financial Officer | $3,014,673 |
| Amy B. Schwetz | Senior Vice President & Chief Financial Officer | $3,014,673 |
| Tamara M. Morytko | Former President, Flowserve Pumps Division Represents the grant date fair value of long-term equity incentive awards under the Company’s long-term incentive program computed in accordance with FASB ASC 718 “Compensation—Stock Compensation”, excluding the impact of forfeitures. Stock awards include the annual incentive awards granted in the form of restricted stock units that generally vest ratably over a three-year period and contingent performance share units. The performance criteria for the performance share units are described in further detail under the caption “2022 Executive Compensation Decisions—Long Term Incentives” above. The reported value of the performance share units is computed based on the grant date estimate of compensation cost to be recognized over the three-year period, which was 100%, or “target”. Payout for the contingent performance awards can range from 0 shares to a maximum of 230% of target. Assumptions used in the valuations are discussed in Note 7 to the Company’s audited consolidated financial statements for the year ended December 31, 2022 in the Annual Report. The amounts in this column represent an annual cash incentive award under the Company’s Annual Incentive Plan for the applicable year. This column excludes the employer-paid portion of certain health and welfare benefits received by Named Executive Officers that are available generally to all salaried U.S. employees, which includes medical, dental and vision insurance, and short-term and long-term disability insurance. The following table shows the components of this column for the Named Executive Officers for 2022, calculated at the aggregate incremental cost to the Company: | $1,757,050 |
| Keith E. Gillespie | Former Senior VP and Chief Sales Officer | $1,709,730 |
| Elizabeth L. Burger | Senior VP and Chief Human Resources Officer | $1,634,007 |
Fiscal 2021
| Executive | Role | Total |
|---|---|---|
| R. Scott Rowe | President and Chief Executive Officer | $12,478,105 |
| Scott Rowe | President and Chief Executive Officer | $12,478,105 |
| Amy Schwetz | Senior Vice President and Chief Financial Officer | $3,615,991 |
| Amy B. Schwetz | Senior Vice President and Chief Financial Officer | $3,615,991 |
| Elizabeth L. Burger | Senior VP and Chief Human Resources Officer | $2,102,559 |
| Keith E. Gillespie | Former Senior VP and Chief Sales Officer | $1,988,604 |
| Tamara M. Morytko | Former President, Flowserve Pumps Division Represents the grant date fair value of long-term equity incentive awards under the Company’s long-term incentive program computed in accordance with FASB ASC 718 “Compensation—Stock Compensation”, excluding the impact of forfeitures. Stock awards include the annual incentive awards granted in the form of restricted stock units that generally vest ratably over a three-year period and contingent performance share units. The performance criteria for the performance share units are described in further detail under the caption “2022 Executive Compensation Decisions—Long Term Incentives” above. The reported value of the performance share units is computed based on the grant date estimate of compensation cost to be recognized over the three-year period, which was 100%, or “target”. Payout for the contingent performance awards can range from 0 shares to a maximum of 230% of target. Assumptions used in the valuations are discussed in Note 7 to the Company’s audited consolidated financial statements for the year ended December 31, 2022 in the Annual Report. The amounts in this column represent an annual cash incentive award under the Company’s Annual Incentive Plan for the applicable year. This column excludes the employer-paid portion of certain health and welfare benefits received by Named Executive Officers that are available generally to all salaried U.S. employees, which includes medical, dental and vision insurance, and short-term and long-term disability insurance. The following table shows the components of this column for the Named Executive Officers for 2022, calculated at the aggregate incremental cost to the Company: | $1,976,093 |
Fiscal 2020
| Executive | Role | Total |
|---|---|---|
| Scott Rowe | President and Chief Executive Officer | $8,332,454 |
| R. Scott Rowe | President and Chief Executive Officer | $8,332,454 |
| Amy Schwetz | VP and Chief Financial Officer | $4,103,430 |
| Amy B. Schwetz | VP and Chief Financial Officer | $4,103,430 |
| Lanesha T. Minnix | Senior Vice President, Chief Legal Officer | $1,818,434 |
| Elizabeth L. Burger | Senior VP and Chief Human Resources Officer | $1,571,459 |
| Keith E. Gillespie | Former Senior VP and Chief Sales Officer | $1,417,492 |
Fiscal 2019
| Executive | Role | Total |
|---|---|---|
| Scott Rowe | President and Chief Executive Officer | $8,681,868 |
| R. Scott Rowe | President and Chief Executive Officer | $8,681,868 |
| Lee S. Eckert | Former Senior VP and Chief Financial Officer John E. (Jay) Roueche, III ^ ^ Vice President, Treasurer And Investor Relations | $2,722,938 |
| David J. Wilson | President, Pumps Division | $1,690,303 |
| Elizabeth L. Burger | Senior VP and Chief Human Resources Officer | $1,685,772 |
| Keith E. Gillespie | Senior VP and Chief Sales Officer | $1,595,284 |
Fiscal 2018
| Executive | Role | Total |
|---|---|---|
| Scott Rowe | President and Chief Executive Officer | $8,702,469 |
| R. Scott Rowe | President and Chief Executive Officer | $8,702,469 |
| Lee S. Eckert | Former Senior VP and Chief Financial Officer John E. (Jay) Roueche, III ^ ^ Vice President, Treasurer And Investor Relations | $2,732,650 |
| Keith E. Gillespie | Senior VP and Chief Sales Officer Elizabeth L. Burger ^^ Senior VP and Chief Human Resources Officer | $2,098,028 |
| David J. Wilson | President, Pumps Division | $2,081,203 |
Fiscal 2017
| Executive | Role | Total |
|---|---|---|
| Scott Rowe | President and Chief Executive Officer | $9,079,638 |
| R. Scott Rowe | President and Chief Executive Officer | $9,079,638 |
| Keith E. Gillespie | Senior VP and Chief Sales Officer Elizabeth L. Burger ^^ Senior VP and Chief Human Resources Officer | $1,750,392 |
| Lee S. Eckert | Former Senior VP and Chief Financial Officer John E. (Jay) Roueche, III ^ ^ Vice President, Treasurer And Investor Relations | $1,112,532 |
Executive changes
| Person | Role | Change | Filed |
|---|---|---|---|
| Brian Ezzell | Senior Vice President, Chief Financial Officer and interim Chief Accounting Officer | Appointed | 2026-09-14 |
| Amy B. Schwetz | Senior Vice President, Chief Financial Officer and interim Chief Accounting Officer | Resigned | 2026-09-14 |
| Ajay Agrawal | new member of the Board | Appointed | 2026-08-05 |
| Scott Vopni | Chief Accounting Officer | Retired | 2026-03-26 |
| Matthew Klopfer | President of FPD | Appointed | 2026-03-26 |
| Lamar Duhon | President of its Flowserve Pumps Division | Resigned | 2026-03-26 |
| Brian Savoy | member of the Board of Directors | Appointed | 2026-03-16 |
| Brian D. Savoy | new member of the Board | Appointed | 2026-03-16 |
| Alice DeBiasio | President of Flow Control Division | Appointed | 2025-09-17 |
| Carlyn R. Taylor | director | Resigned | 2025-02-11 |
| Kenneth I. Siegel | Director | Appointed | 2024-05-16 |
| Carlyn R. Taylor | Director | Appointed | 2024-05-16 |
| Thomas B. Okray | Director | Appointed | 2024-05-16 |
| Michael C. McMurray | Director | Appointed | 2024-05-16 |
| David E. Roberts | Director | Appointed | 2024-05-16 |
| John L. Garrison | Director | Appointed | 2024-05-16 |
| Cheryl H. Johnson | Director | Appointed | 2024-05-16 |
| Gayla J. Delly | Director | Appointed | 2024-05-16 |
| Ruby R. Chandy | Director | Appointed | 2024-05-16 |
| Sujeet Chand | Director | Appointed | 2024-05-16 |
| R. Scott Rowe | Director | Appointed | 2024-05-16 |
| Elizabeth L. Burger | Senior Vice President, Chief Human Resources Officer | Resigned | 2024-02-06 |
| Cheryl H. Johnson | member of the Board | Appointed | 2023-09-20 |
| John Friedery | director | Retired | 2023-09-20 |
| Thomas Okray | new member of the Board | Appointed | 2023-04-12 |