DALLAS--(BUSINESS WIRE)--Flowserve Corporation, (NYSE: FLS), a leading provider of flow control products and services for the global infrastructure markets, today announced that John E. (Jay) Roueche III, Flowserve’s vice president, investor relations and treasurer, will assume the role of interim chief financial officer, effective immediately. Mr. Roueche’s appointment follows Karyn Ovelmen’s departure from the company as executive vice president and chief financial officer.
Flowserve will initiate a search to identify a permanent chief financial officer under incoming president and CEO Scott Rowe’s direction.
“We are pleased that Jay has agreed to serve as Interim CFO during this important time to ensure a seamless transition,” said Mark Blinn, Flowserve’s president and chief executive officer. “Jay is a seasoned executive with a deep understanding of our business and financials. On behalf of our Board and management team, I thank Karyn for her financial leadership and many contributions to Flowserve. We wish her well in her future endeavors.”
Ms. Ovelmen said, “It has been a privilege to work with such talented and committed individuals at Flowserve. I have great confidence in the company’s future and believe Flowserve is well-positioned to achieve its strategic and financial goals, and deliver value to shareholders.”
About Jay Roueche
Jay Roueche has served as vice president, investor relations and treasurer, since October 2012. He previously served as vice president, investor relations and treasurer, of McDermott International, Inc., a leading engineering, procurement, construction and installation company, from August 2010 until October 2012. From April 2006 to August 2012, he served as vice president, investor relations and corporate communications of McDermott International, Inc. In the preceding years, he served in progressive accounting and finance roles, including with Pennzoil-Quaker State Company, Pennzoil Company and Shell Oil Company.
About Flowserve: Flowserve Corp. is one of the world’s leading providers of fluid motion and control products and services. Operating in more than 55 countries, the company produces engineered and industrial pumps, seals and valves as well as a range of related flow management services. More information about Flowserve can be obtained by visiting the company’s Web site at www.flowserve.com.
