Flowserve Corporation announced on September 14, 2026, that Brian Ezzell has been appointed Senior Vice President and Chief Financial Officer, effective October 1, 2026. He succeeds Amy B. Schwetz, who tendered her resignation to accept a leadership position at another publicly traded company. Ms. Schwetz will remain in her current role through September 30, 2026, to ensure a smooth transition.

Mrs. Schwetz’s resignation is not related to any financial or accounting issues or disagreements with the Company regarding its operations, policies, or practices. Scott Rowe, Flowserve’s President and Chief Executive Officer, stated that Ms. Schwetz played an important role in strengthening the company’s financial foundation over the past six years.

Brian Ezzell, 44, is a Certified Public Accountant and holds a Bachelor of Business Administration and Masters of Accountancy from Abilene Christian University. He began his career at PricewaterhouseCoopers and has held various roles of increasing responsibility at Fossil Group, Inc., including Vice President, Global FP&A, Americas Region CFO, and Investor Relations. Prior to joining Flowserve in October 2024, he served as Vice President, Enterprise FP&A at Kimberly-Clark Corp. for four years, where he had finance responsibility for the $14 billion global supply chain.

In his new role, Mr. Ezzell will receive an annual base salary of $625,000. He is eligible for a cash award under the Company’s annual incentive plan with a target award of 75% of his base salary. Additionally, he will participate in the long-term incentive program with a target annual award of $1,600,000 commencing in 2027. He will also be granted a one-time award consisting of restricted stock units valued at $200,000 and performance rights valued at $200,000, both of which vest over a three-year period.

The Company stated that there are no family relationships between Mr. Ezzell and any director or executive officer of Flowserve. Regarding financial guidance, the Company indicated that there are no expected changes to its previously announced full-year guidance for fiscal year 2026.