UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d) of the
Securities Exchange Act of 1934
Date of Report (Date of earliest event reported): February 28, 2010
FLOWSERVE CORPORATION
(Exact Name of Registrant as Specified in its Charter)
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New York
(State or Other Jurisdiction
of Incorporation)
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1-13179
(Commission File Number)
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31-0267900
(IRS Employer
Identification No.) |
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5215 N. O’Connor Blvd., Suite 2300, Irving, Texas
(Address of Principal Executive Offices)
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75039
(Zip Code) |
(972) 443-6500
(Registrant’s telephone number, including area code)
N/A
(Former Name or Former Address, if Changed Since Last Report)
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the
filing obligation of the registrant under any of the following provisions:
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Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
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Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
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Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
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Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
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| Item 5.02 |
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Departure of Directors or Certain Officers; Election of Directors; Appointment of
Certain Officers; Compensatory Arrangements of Certain Officers. |
(b) On February 28, 2010, Lewis M. Kling retired from his position as a member of the Board of
Directors (the “Board”) of Flowserve Corporation (the “Company”). Since 2005, Mr. Kling had served
as a member of the Board and as the Company’s President and Chief Executive Officer under an
employment agreement that expired pursuant to its terms on February 28, 2010. As previously
disclosed, Mr. Kling transitioned out of his role as President and Chief Executive Officer
effective October 1, 2009, and he continued his service as an employee of the Company and as Vice
Chairman of the Board during the remaining term of his employment agreement. Upon the expiration
of his employment agreement, and in accordance with the Company’s Corporate Governance Guidelines,
Mr. Kling retired from the Company and the Board.