Thomas E. Ferguson Elected President of the Hydraulic Institute
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Industry veteran is vice president of Flowserve Corp. and president of Flowserve Pumps
Dallas, Texas, USA - May 5, 2006 - Flowserve Corp. (NYSE: FLS), a global provider of fluid motion and control products and services, announces that Thomas E. Ferguson has been elected president of the Hydraulic Institute for 2006-2007. He will also serve as a member of the board of directors.
Ferguson, an industry veteran, is a vice president of Flowserve Corp. and president of Flowserve Pumps. He has more than 24 years of experience in the flow control industry, including more than 15 years with Flowserve and one of its predecessor companies, BW/IP International.
The Hydraulic Institute is the largest association of pump producers and suppliers in North America. The Institute serves member companies and end-users by developing comprehensive industry standards, providing education and tools, and operating as a forum for information on pumps and pumping systems. It also works to promote the profitability and cost-effectiveness of the pump industry.
The president of the Hydraulic Institute works with the Institute's staff and board to support its mission of serving the interests of member companies and pump users worldwide.
"Tom brings a legacy of active leadership and involvement that will continue to strengthen the work of the Hydraulic Institute in the years to come," says Robert Asdal, executive director, the Hydraulic Institute.
"I am honored to take on this challenging and exciting role," says Ferguson. "The Hydraulic Institute is the industry's primary forum for the exchange of pump industry information for management decision making, and an influential participant in the setting of domestic and international standards. I look forward to bringing my experience from Flowserve to help further the goals of the Institute and the pump industry."
Prior to serving as president of Flowserve Pumps, a position he has held since 2003, Ferguson was president of Flowserve Flow Solutions. Before that, he spent nine years in various sales, marketing, technical and general management positions within Flow Solutions.
Ferguson began his career with BW/IP in 1987, where he held positions in sales and marketing in the seals and pump divisions. He has also held key positions in the oil-field services sector, including nine years in sales, marketing and technical roles with companies such as Nowsco Well Service, Ltd. (now part of BJ Services), BJ Hughes (now part of Baker Hughes), and Zwick Energy Research.
Ferguson holds a Bachelor of Science degree in industrial distribution and technology from Texas A&M University. He also attended the University of Southern California Executive Management Program.
For sales, marketing or technical information, contact Flowserve Pumps by phone at +1 (800) 728-PUMP or by e-mail at fpdinformation@flowserve.com.
For media information, including interviews during ACHEMA, contact David Abels, senior account executive, Koroberi, Inc. (www.koroberi.com), by phone at +1 (919) 960-9794 ext. 22 or by e-mail at david@koroberi.com.
About Flowserve Corp.
Flowserve Corp. is one of the world's leading providers of fluid motion and control products and services. Operating in 56 countries, the company produces engineered and industrial pumps, seals and valves as well as a range of related flow management services. More information about Flowserve Corp. can be obtained by visiting the company's website at www.flowserve.com.
