Flowserve (FLS) announces voting results from AGM

Flowserve Corp. (NYSE: FLS), a leading provider of flow control products and services for the global infrastructure markets, has released the voting results of its 2025 Annual Meeting of Shareholders and announced its quarterly cash dividend.

Annual Meeting Results

At the virtual Annual Meeting, Flowserve’s shareholders re-elected Sujeet Chand, Ruby R. Chandy, Gayla J. Delly, John L. Garrison, Cheryl H. Johnson, Michael C. McMurray, Thomas B. Okray, R. Scott Rowe, and Kenneth I. Siegel to its Board of Directors, each to serve an annual term expiring at the 2026 Annual Meeting of Shareholders.

After more than 13 years of dedicated service to Flowserve, including his leadership as Independent Chairman, David E. Roberts did not stand for re-election. Mr. Garrison assumed the role of Independent Chairman following his election at the Annual Meeting.

Shareholders elected a new director, Ross B. Shuster, to the board to also serve an annual term expiring at the 2026 Annual Meeting. Mr. Shuster is the CEO of Copeland, a global climate technologies company. He previously served as chief executive officer of Howden and held leadership roles for various regional businesses at United Technologies Corporation.

“On behalf of Flowserve employees around the world, I would like to thank David Roberts for his strong and consistent leadership over the past 13 years as a director and, more recently, as Independent Chairman,” said Scott Rowe, Flowserve president and chief executive officer. “I look forward to continuing our work with John Garrison as he now becomes our Independent Chairman following seven years of board service and welcoming Ross Shuster, who brings extensive and impressive experience in international operations and manufacturing. The strategic guidance and oversight of our Board will be invaluable as we execute our growth strategy and continue making progress toward our 2027 financial targets.”

The remaining voting results were as follows:

Shareholders approved an advisory vote on executive compensation, with about 98.3 percent voting in favor of the proposal.
Shareholders ratified the appointment of PricewaterhouseCoopers LLP as Flowserve’s independent registered public accounting firm for 2025.
Shareholders rejected a shareholder proposal requesting the elimination of the one-year holding period requirement to call a special shareholder meeting, with about 90.0 percent voting against the proposal.

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