Leif E. Darner Named to Flowserve Board of Directors

15.08.2013

Flowserve Corporation, a provider of flow control products and services for the global infrastructure markets, announced that its board of directors has elected Leif E. Darner as a member of the board. With the addition of Darner, the Flowserve board increases to 11 members, 10 of whom are independent.

Darner, 61, is the former chief executive officer of performance coatings for Akzo Nobel N.V. a paints and coatings company and major producer of specialty chemicals with 2012 revenues of more than $20 billion. While at Akzo Nobel, Darner grew annual performance coatings revenues to exceed $7.5 billion annually Prior to his most recent role, Darner led the chemicals business of Akzo Nobel and was previously the general manager of the marine and protective coatings unit.

"Leif brings to the Flowserve board a wealth of industrial knowledge and a valuable international perspective," said James O. Rollans, non-executive chairman of the Flowserve board of directors. "Leif s leadership experience, demonstrated through his proven track record of growing international businesses in global markets, aligns well with the Flowserve growth strategy and makes him an ideal fit for the board. We are pleased to have him join and expect his contributions to have an immediate and positive impact on the company."

Darner received Bachelor of Business Administration and Master of Business Administration degrees from Göteborg University in Sweden.

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