Flowserve Appoints New CEO

DALLAS (AP) -- Flowserve Corp., which makes pumps, seals, valves and other fluid and motion control products, said Monday it has promoted its chief financial officer to president and CEO.

Mark A. Blinn, 47, takes the top job Oct. 1. He will immediately be seated on the board of directors, the Dallas company said.

Lewis M. Kling, current president and CEO, has been elected vice chairman of the board effective Oct. 1. He is due to retire as vice-chairman upon turning 65 in February.

Kling will provide oversight during the five-month transition until February, he said.

Blinn joined Flowserve in 2004 as chief financial officer after serving as CFO at Kinko's before it was acquired by FedEx, Flowserve said.