Flowserve Corporation filed an 8-K with the SEC on September 14, 2026, disclosing the resignation of Chief Financial Officer Amy B. Schwetz and the appointment of Brian Ezzell as her successor, effective October 1, 2026.

Key Highlights

  • CFO Departure: Amy B. Schwetz resigned as Senior Vice President, Chief Financial Officer, and interim Chief Accounting Officer to accept a position at another publicly traded company, with her last day set for September 30, 2026.
  • New CFO Appointed: Brian Ezzell, 44, will assume the role of Senior Vice President, Chief Financial Officer, and interim Chief Accounting Officer effective October 1, 2026.
  • Base Salary: Mr. Ezzell will receive an annual base salary of $625,000 in his new role.
  • Incentive Compensation: He is eligible for an annual incentive cash award targeted at 75% of base salary and a long-term incentive program with a target annual award of $1,600,000 commencing in 2027.
  • One-Time Equity Grant: Mr. Ezzell will receive restricted stock units valued at $200,000 vesting ratably over three years, and performance rights valued at $200,000 vesting over a three-year performance cycle.
  • No Guidance Change: The accompanying press release indicated no expected change to the company's previously announced full-year guidance for fiscal year 2026.

Flowserve CFO Transition: Schwetz Out, Ezzell In on October 1

According to the filing, Flowserve Corporation (NYSE:FLS) announced on September 14, 2026 that Amy B. Schwetz tendered her resignation from her position as Senior Vice President, Chief Financial Officer, and interim Chief Accounting Officer. The filing states her decision "is not related to any financial or accounting issue or any disagreement with the Company on any matter relating to the Company's operations, policies or practices." Ms. Schwetz will remain in her current role through September 30, 2026.

The company disclosed that Brian Ezzell has been appointed to succeed Ms. Schwetz in the same title, effective October 1, 2026, serving as both principal financial officer and principal accounting officer. According to the filing, Mr. Ezzell has served as the company's Vice President, Financial Planning and Analysis, Treasurer, and Investor Relations since October 2024. Prior to joining Flowserve, he held the role of Vice President, Enterprise FP&A at Kimberly-Clark Corp. from April 2020 to September 2024, and before that served in various roles at Fossil Group, Inc., including Vice President, Global FP&A, Americas Region CFO, and Investor Relations. The filing notes he began his career at PricewaterhouseCoopers and is a Certified Public Accountant holding a Bachelor of Business Administration and Masters of Accountancy from Abilene Christian University.

The filing discloses that Mr. Ezzell's compensation package includes an annual base salary of $625,000, an annual incentive target of 75% of base salary, and a long-term incentive program target of $1,600,000 annually commencing in 2027. He will also receive a one-time grant of restricted stock units valued at $200,000 and performance rights valued at $200,000, each vesting over a three-year period. The filing confirms there are no family relationships between Mr. Ezzell and any director or executive officer of the company, and no reportable transactions under Item 404(a) of Regulation S-K.

What Was Disclosed

Flowserve reported the resignation of CFO Amy B. Schwetz effective September 30, 2026, and the appointment of Brian Ezzell as CFO effective October 1, 2026, along with the full terms of his compensation arrangements and his professional background.