Flowserve Names VP Financial Planning & Analysis, Investor Relations

Flowserve announced that Paul W. Fehlman has been named Vice President Financial Planning & Analysis and Investor Relations. Fehlman has served as Flowserve's Treasurer since 2005.

In his new role, Fehlman will serve as the primary liaison between Flowserve and the analyst and investment communities as well as have responsibility for the financial planning and analysis function within the Company. In this officer role, Fehlman will continue to report to Mark Blinn, Flowserve Senior Vice President, Chief Financial Officer and Latin America Operations.

"Paul brings a wealth of experience in dealing with the global financial markets and external constituents, and has made significant contributions to the improvements made in our balance sheet strength over the last several years," said Lewis Kling, Flowserve President and Chief Executive Officer. "As we continue to provide timely and effective communications to analysts and investors, Paul's financial background and expertise will serve us well," Kling added.

Fehlman has more than 19 years of financial management experience including treasury, cash management, banking relations, risk management, public and private debt issuance and international finance. Paul has served in several roles at Flowserve since joining in 2002, most recently as Treasurer. Before joining Flowserve, Fehlman served as Treasurer for Global Industrial Technologies Inc., and in a number of financial management positions in corporate finance and international banking for American Airlines.

Fehlman holds a BS degree in Business Administration from California Polytechnic University and an MBA from Cornell University.