Flowserve adds Duke Energy CFO Brian Savoy to board, expands board to eleven
Flowserve's board elected Brian D. Savoy, Executive Vice President and Chief Financial Officer of Duke Energy, as a director effective March 16, 2026, and appointed him to the Audit and Technology, Innovation and Risk committees. The board also amended the bylaws to increase its size from ten to eleven directors, and the company expects to reduce the count after Ken Siegel leaves at the May 2026 annual meeting.
Key points
- Brian D. Savoy elected to the board effective March 16, 2026; the board determined he is independent and an audit committee financial expert
- Bylaws amended by the board on March 12, 2026, effective March 16, 2026, raising the number of directors from ten to eleven
- Company expects to reduce board size after Ken Siegel's term ends at the May 2026 annual meeting
- Savoy is expected to be nominated for reelection at the 2026 annual meeting
The filing
Written by AI on Nov 8, 2026, 12:56 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on March 16, 2026.
Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.