Texas-based Flowserve Corporation, a leading provider of flow control products and services for the global infrastructure markets, has announced that Mark Blinn plans to retire as President, Chief Executive Officer (CEO) and a member of the Board of Directors. To ensure an orderly transition, Mr. Blinn will remain in those roles until the appointment of his successor.
Mr. Blinn joined Flowserve in October of 2004 and was named CEO in October of 2009. “After 12 years at Flowserve and seven as CEO, and as the company begins its next phase of growth and development, the Board and I believe that now is the right time to initiate this planned transition of leadership responsibilities. I am committed and look forward to continuing to lead Flowserve for the next several months,” said Mr. Blinn.