Flowserve Corporation 8-K Summary
Business Context and Reporting Period
This Current Report (Form 8-K) was filed by Flowserve Corporation on December 23, 2002. The report addresses corporate governance changes under Item 5 (Other Events).
Financial Metrics
The filing text does not provide a clear value for revenue, profit, cash flow, margins, debt, or liquidity. This report is non-financial in nature.
Material Changes
The Board of Directors increased the number of directors from nine (9) to ten (10). Christopher Bartlett was elected as the new director, effective January 1, 2003. Mr. Bartlett previously served on the board of The Duriron Company from 1988 to 1993, which merged with BW/IP in 1997 to form Flowserve Corporation.
Guidance, Outlook, and Risks
The filing contains no management commentary, financial guidance, risk factors, contingencies, or unusual items.
Key Facts for Investor Verification
- Board size increased to 10 members effective January 1, 2003.
- Christopher Bartlett is the newly elected director.
- Mr. Bartlett has prior historical ties to a predecessor company of Flowserve.