R. Scott Rowe is the CEO of Flowserve Corporation, a company he has led since April 2017. Before joining Flowserve, he was the President of the Cameron Group at Schlumberger, where he played a significant role in the oil and...
R. Scott Rowe is the CEO of Flowserve Corporation, a company he has led since April 2017. Before joining Flowserve, he was the President of the Cameron Group at Schlumberger, where he played a significant role in the oil and gas industry. His extensive background in engineering and operations gives him a solid foundation for understanding the technical challenges faced by Flowserve and its clients. In 2023, Rowe received a total compensation package worth over $10.5 million, including a notable bonus driven by high performance metrics like customer bookings and operating income. Under his leadership, Flowserve has focused on areas like energy transition, sustainability, and efficiency, making strides in diversifying its offerings while actively engaging in ESG initiatives. He has a history of significant share transactions, indicating a strong financial interest in the company's success, with insider trading values reaching as high as $24 million in 2024. Rowe is not married to any of the current board members, which supports his independence as CEO. He leads with a strategy aimed at balancing short-term growth with long-term sustainability, all in pursuit of better solutions for critical industries.