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Flowserve (NYSE: FLS) reshapes pumps division and accounting leadership

Filing Impact
(Moderate)
Filing Sentiment
(Neutral)
Form Type
8-K

Rhea-AI Filing Summary

Flowserve Corporation announced leadership changes in its Flowserve Pumps Division and finance organization. Lamar Duhon, President of the Flowserve Pumps Division (FPD), has resigned to become President & CEO of a privately held company and will remain in his role until April 10, 2026.

Matthew Klopfer, currently Vice President, Strategic Business Management for FPD and formerly Vice President, General Manager of Flowserve’s Industrial Pumps Business Unit, will become President of FPD effective April 11, 2026. Flowserve also disclosed that Chief Accounting Officer Scott Vopni plans to retire as of June 30, 2026, and the company has started a search for his permanent successor.

If a new Chief Accounting Officer is not in place by Mr. Vopni’s retirement date, Chief Financial Officer Amy Schwetz will serve as interim Chief Accounting Officer until a replacement is identified, providing continuity in the company’s financial leadership.

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Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers Governance
Key personnel changes including departures, elections, or appointments of directors and executive officers.
FLOWSERVE CORP false 0000030625 0000030625 2026-03-26 2026-03-26
 
 

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): March 26, 2026

 

 

FLOWSERVE CORPORATION

(Exact Name of Registrant as Specified in its Charter)

 

 

 

New York   1-13179   31-0267900

(State or Other Jurisdiction

of Incorporation)

 

(Commission

File Number)

 

(IRS Employer

Identification No.)

 

5215 N. O’Connor Blvd., Suite 700, Irving, Texas   75039
(Address of Principal Executive Offices)   (Zip Code)

(972) 443-6500

(Registrant’s telephone number, including area code)

N/A

(Former Name or Former Address, if Changed Since Last Report)

 

 

Securities registered pursuant to Section 12(b) of the Act:

 

Title of each class

 

Trading
Symbol(s)

 

Name of each exchange
on which registered

Common Stock, $1.25 Par Value   FLS   New York Stock Exchange

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 (see General Instruction A.2. below):

 

Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

 

Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

 

Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

 

Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (17 CFR §230.405) or Rule 12b-2 of the Securities Exchange Act of 1934 (17 CFR §240.12b-2). Emerging growth company

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐

 

 
 


Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.

On March 26, 2026, Flowserve Corporation (the “Company”) announced that Lamar Duhon tendered his resignation as President of its Flowserve Pumps Division (“FPD”) in order to accept a position as President & Chief Executive Officer of a privately held company. Mr. Duhon will continue in his current role until his departure on April 10, 2026.

The Company also announced that it has appointed Matthew Klopfer, as the Company’s President of FPD, effective April 11, 2026. Mr. Klopfer currently serves as the Company’s Vice President, Strategic Business Management for FPD. Prior to that role, from August 2023 to February 2026, Mr. Klopfer served as the Vice President, General Manager of Flowserve’s Industrial Pumps Business Unit where he led that business unit to expand margins, improve on-time customer delivery and implement our 80/20 complexity reduction program. Prior to this, Mr. Klopfer held operational and financial leadership roles of increasing responsibility within the Company.

Additionally, the Company announced that Scott Vopni, the Company’s Chief Accounting Officer has provided the Company with notice of his intention to retire from the Company as of June 30, 2026. The Company has initiated a comprehensive search for a permanent Chief Accounting Officer. If that role is not filled by Mr. Vopni’s departure date, Amy Schwetz, the Company’s Chief Financial Officer, will act as the interim Chief Accounting Officer until a permanent replacement is identified.


SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

 

  FLOWSERVE CORPORATION
Dated: March 26, 2026     By:  

/s/ Susan C. Hudson

      Susan C. Hudson
      Senior Vice President, Chief Legal Officer

FAQ

What leadership change did Flowserve (FLS) announce in its Pumps Division?

Flowserve announced that Lamar Duhon resigned as President of the Flowserve Pumps Division, effective April 10, 2026. He will be succeeded by Matthew Klopfer, currently Vice President, Strategic Business Management for FPD, who becomes President of FPD on April 11, 2026.

Who is replacing Lamar Duhon as President of Flowserve’s Flowserve Pumps Division?

Flowserve appointed Matthew Klopfer as President of the Flowserve Pumps Division, effective April 11, 2026. Klopfer previously led Flowserve’s Industrial Pumps Business Unit, where he expanded margins, improved on-time delivery, and implemented the company’s 80/20 complexity reduction program.

What experience does Matthew Klopfer bring to his new role at Flowserve (FLS)?

Matthew Klopfer has served as Vice President, Strategic Business Management for FPD and earlier as Vice President, General Manager of Flowserve’s Industrial Pumps Business Unit. In that role, he expanded margins, improved customer delivery, and led implementation of Flowserve’s 80/20 complexity reduction program.

When is Flowserve’s Chief Accounting Officer Scott Vopni retiring?

Flowserve stated that Chief Accounting Officer Scott Vopni intends to retire from the company as of June 30, 2026. His planned retirement date provides time for a comprehensive search to identify and appoint a permanent successor to the Chief Accounting Officer role.

Who will act as interim Chief Accounting Officer at Flowserve if no successor is found by June 30, 2026?

If Flowserve has not appointed a new Chief Accounting Officer by June 30, 2026, Chief Financial Officer Amy Schwetz will serve as interim Chief Accounting Officer. She will hold this additional role until a permanent replacement is identified and appointed by the company.

Why did Lamar Duhon resign from Flowserve’s Flowserve Pumps Division?

Flowserve reported that Lamar Duhon resigned as President of the Flowserve Pumps Division to accept a position as President and Chief Executive Officer of a privately held company. He will continue in his current role at Flowserve until his departure on April 10, 2026.

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Flowserve Corp

NYSE:FLS

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Specialty Industrial Machinery
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