Flowserve Management
Management criteria checks 3/4
Flowserve's CEO is Robert Rowe, appointed in Apr 2017, has a tenure of 6.17 years. total yearly compensation is $8.70M, comprised of 13.6% salary and 86.4% bonuses, including company stock and options. directly owns 0.25% of the company’s shares, worth MX$205.99M. The average tenure of the management team and the board of directors is 4.8 years and 4.7 years respectively.
Key information
Robert Rowe
Chief executive officer
US$8.7m
Total compensation
| CEO salary percentage | 13.6% |
| CEO tenure | 6.2yrs |
| CEO ownership | 0.3% |
| Management average tenure | 4.8yrs |
| Board average tenure | 4.7yrs |
Recent management updates
Recent updates
CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Mar 31 2023 | n/a | n/a | US$231m |
| Dec 31 2022 | US$9m | US$1m | US$189m |
| Sep 30 2022 | n/a | n/a | US$84m |
| Jun 30 2022 | n/a | n/a | US$95m |
| Mar 31 2022 | n/a | n/a | US$96m |
| Dec 31 2021 | US$12m | US$1m | US$126m |
| Sep 30 2021 | n/a | n/a | US$165m |
| Jun 30 2021 | n/a | n/a | US$172m |
| Mar 31 2021 | n/a | n/a | US$132m |
| Dec 31 2020 | US$8m | US$1m | US$130m |
| Sep 30 2020 | n/a | n/a | US$147m |
| Jun 30 2020 | n/a | n/a | US$151m |
| Mar 31 2020 | n/a | n/a | US$194m |
| Dec 31 2019 | US$9m | US$1m | US$239m |
| Sep 30 2019 | n/a | n/a | US$229m |
| Jun 30 2019 | n/a | n/a | US$198m |
| Mar 31 2019 | n/a | n/a | US$162m |
| Dec 31 2018 | US$9m | US$1m | US$105m |
| Sep 30 2018 | n/a | n/a | -US$49m |
| Jun 30 2018 | n/a | n/a | -US$30m |
| Mar 31 2018 | n/a | n/a | -US$1m |
| Dec 31 2017 | US$9m | US$825k | US$3m |
Compensation vs Market: Robert's total compensation ($USD8.70M) is above average for companies of similar size in the MX market ($USD1.61M).
Compensation vs Earnings: Robert's compensation has been consistent with company performance over the past year.
CEO
Robert Rowe (52 yo)
6.2yrs
Tenure
US$8,702,893
Compensation
Mr. Robert Scott Rowe has been Chief Executive Officer and President of Flowserve Corporation since April 1, 2017. Mr. Rowe served as Interim President of Flowserve Pumps Division at Flowserve Corporation...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| President | 6.2yrs | US$8.70m | 0.25% MX$ 206.0m | |
| Senior VP & CFO | 3.3yrs | US$3.01m | 0.031% MX$ 25.5m | |
| Senior VP & Chief Human Resources Officer | 5.2yrs | US$1.63m | 0.027% MX$ 22.0m | |
| VP & Chief Accounting Officer | 3yrs | no data | 0.0042% MX$ 3.4m | |
| Vice President of Marketing & Technology | 4.3yrs | no data | no data | |
| VP of Investor Relations & Treasurer | 10.7yrs | US$1.02m | no data | |
| Senior VP | 1.1yrs | no data | 0.0041% MX$ 3.4m | |
| Vice President of Corporate Communications & Public Affairs | 9.7yrs | no data | no data | |
| President of Flow Control Division | 7.8yrs | no data | 0.042% MX$ 34.7m | |
| President of Flowserve Pumps Division | 1.4yrs | no data | 0.0015% MX$ 1.2m |
4.8yrs
Average Tenure
52yo
Average Age
Experienced Management: FLS *'s management team is considered experienced (4.8 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| President | 6.2yrs | US$8.70m | 0.25% MX$ 206.0m | |
| Independent Director | 4.7yrs | US$265.00k | 0% MX$ 0 | |
| Independent Director | 15.4yrs | US$256.34k | 0.014% MX$ 11.5m | |
| Independent Director | 15.8yrs | US$253.65k | 0.018% MX$ 15.0m | |
| Independent Non-Executive Chairman of the Board | 11.6yrs | US$375.00k | 0.033% MX$ 26.8m | |
| Independent Director | 6.1yrs | US$260.00k | 0.0020% MX$ 1.6m | |
| Independent Director | 3.5yrs | US$250.00k | 0.00076% MX$ 625.2k | |
| Independent Director | 2.8yrs | US$265.00k | 0% MX$ 0 | |
| Independent Director | less than a year | US$150.00k | 0.0025% MX$ 2.0m | |
| Independent Director | 4.7yrs | US$270.00k | 0.0034% MX$ 2.8m | |
| Independent Director | less than a year | no data | 0.0034% MX$ 2.8m |
4.7yrs
Average Tenure
62yo
Average Age
Experienced Board: FLS *'s board of directors are considered experienced (4.7 years average tenure).
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2023/06/13 09:18 |
| End of Day Share Price | 2023/03/16 00:00 |
| Earnings | 2023/03/31 |
| Annual Earnings | 2022/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
|
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| Market Prices | 30 years |
| |
| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Flowserve Corporation is covered by 35 analysts. 12 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Michael Halloran | Baird |
| Andrew Kaplowitz | Barclays |
| Charles Brady | BMO Capital Markets Equity Research |