Flowserve Corporation (NYSE:FLS) has appointed Brian Savoy to its board of directors, effective March 16, 2026. Savoy, currently the Chief Financial Officer and Executive Vice President at Duke Energy, brings extensive leadership experience in the power industry, particularly in the nuclear sector. His appointment to the board and the audit committee, as well as the technology, innovation, and risk committee, is expected to enhance Flowserve’s focus on the flowserve business system and accelerate growth in priority power and industrial end markets.
Under Savoy’s leadership, Duke Energy has achieved significant financial and business transformation. His appointment is seen as a strategic move to leverage his deep knowledge of the power industry in expanding Flowserve’s position in this critical growth market.
Flowserve Corporation, a leading provider of fluid motion and control products and services, operates in more than 50 countries, producing engineered and industrial pumps, seals, and valves, along with a range of related flow management services. Today the company's shares have moved 0.72% to a price of $77.17. Check out the company's full 8-K submission here.
