Flowserve CFO Michael Taff Departs - Quick Facts

(RTTNews) - Flowserve Corp. (FLS), a provider of flow control products and services for the global infrastructure markets, announced that Michael Taff, senior vice president and chief financial officer, would be leaving the firm. In order to ensure a smooth transition, Taff would be staying on through March 31.

"On behalf of Flowserve, I offer my sincere thanks to Mike for his service to the company," said Mark Blinn, Flowserve president and chief executive officer. "Since joining Flowserve, Mike has made a number of valuable contributions that we will be able to build on and take to the next level. I appreciate the sacrifices he has made these past three years commuting from Houston and I wish him all the best in his future endeavors."

The firm has began a comprehensive search for a permanent replacement. Malcolm Platt, vice president, finance for the Industrial Product unit, would serve as interim chief financial officer with primary responsibility for operational finance functions. Platt joined Flowserve in 2002, and has served in his current role since January 2012.