Management ChangeAug 5, 2026, 04:23 PM
Flowserve Appoints Ajay Agrawal to Board, Expands Board Size
AI Summary
Flowserve Corporation announced the election of Ajay Agrawal to its Board of Directors, effective August 5, 2026. Mr. Agrawal, who currently serves as Chief Business Development Officer and Senior Vice President, Global Services at Carrier Global Corporation, will also join the Organization and Compensation Committee and the Technology, Innovation and Risk Committee. To accommodate this appointment, the Board approved an amendment to its By-Laws, increasing the number of directors from nine to ten.
Key Highlights
- Flowserve's Board of Directors elected Ajay Agrawal as a new member, effective August 5, 2026.
- Mr. Agrawal will serve on the Organization and Compensation Committee and Technology, Innovation and Risk Committee.
- The Board amended its By-Laws to increase the number of directors from nine to ten.
- Mr. Agrawal is currently Chief Business Development Officer and Senior Vice President, Global Services for Carrier Global Corporation.
- He qualifies as an independent director under NYSE listing standards and the Company's independence standards.
Price Impact
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