Business Context and Reporting Period
This Form 8-K Current Report was filed by Flowserve Corporation on October 13, 2004. The filing addresses a significant change in the company's executive leadership structure.
Key Financial Metrics
The filing text does not provide a clear value for revenue, profit, cash flow, margins, debt, or liquidity. This report is strictly limited to personnel changes and contains no financial performance data.
Material Changes
- Departure of Principal Officer: Richard J. Guiltinan, Jr. notified the company of his plans to leave.
- Appointment of Principal Officer: Mark A. Blinn was appointed Vice President and Chief Financial Officer (CFO) the week prior to this report.
- Interim Role: Mr. Blinn will also serve as the Chief Accounting Officer until a successor to Mr. Guiltinan is named.
Outlook and Management Commentary
Management indicated that Mr. Guiltinan intends to work closely with Mr. Blinn to ensure an orderly transition of duties. No specific guidance, risks, contingencies, or unusual items were disclosed in this filing.
Investor Verification Checklist
- Confirm the effective date of Richard J. Guiltinan, Jr.'s departure.
- Verify the timeline for appointing a permanent successor to the Chief Accounting Officer role.
- Review subsequent filings for any impact on financial reporting or internal controls due to the leadership transition.