In 2017, Mark A. Blinn earned $407.52K in total compensation at Flowserve, primarily from $378.68K salary. Most recently sold 1,744 shares in Jan 2024. Currently holds stock worth $17.00M. Has donated $2.08M in stock to charitable causes. Led Flowserve as CEO for 12 years.
Compensation History
Annual executive compensation data for Mark A. Blinn, including salary, bonuses, and stock awards.
Year
2017
Total Compensation
$407.52K
Salary
$378.68K
Bonus
$0.00
Other
$28.85K
Salary
$378.68KBoard Justification
The compensation philosophy aims to attract and retain key leaders, reward current performance, drive future performance, and align the long-term interests of executives with those of shareholders.
Bonus
$0.00Board Justification
No bonus was awarded for 2017 as Mr. Blinn was not employed for the full year; he received a pro-rated cash award under the Annual Incentive Plan of $138,875 for the period he was employed.
Other Compensation
$28.85KBoard Justification
Includes retirement plan contributions, insurance premiums, dividends on restricted stock, and other benefits.
Restricted Stock
Board Justification
Mr. Blinn did not receive a long-term incentive award in 2017 due to his retirement.
Performance Metrics
Performance metrics for 2017 included operating income, primary working capital as a percentage of sales, and sales performance against pre-established goals.
Mark A. Blinn
Ex-CEO of Flowserve
Education
Bachelor of Science in Engineering, Master of Business Administration, Juris Doctorate from Southern Methodist University
Field of Expertise
Finance & Banking - Finance
Sector of Economy
Industrials
Born
January 1, 1962 - 63 years ago
CEO of Flowserve for
12 years 3 months (Nov 2004 - Feb 2017)
Previous Experience
Chief Financial Officer at FedEx Kinko's, various financial positions at Centex Corporation, senior management positions in finance, treasury and planning at FirstPlus Financial Inc., Electronic Data Systems Corp. and Commercial Capital Funding Inc., attorney with Smith, Barshop, Stoffer & Millsap.
Other Flowserve CEOs
Holdings
Track Mark A. Blinn's stock holdings and portfolio value over time.
Total Stock Sold
$16.83M
$6.66M
54,272 TXN shares
$10.18M
215,079 FLS shares
What if they kept their stock?
If Mark A. Blinn didn't sell their stock, today they would have:
Extra TXN54,272 shares worth $9.91M and FLS215,079 shares worth $15.49M.
This is 50.89% and $8.57M more than what they got when they sold the stock.
Charitable Transactions
11,400 shares
TXN
Recent Charitable Transactions
600 shares
TXN
Feb 23, 2023
Charity
10,800 shares
TXN
Jan 28, 2021
Charity
Insider Trading
Mark A. Blinn's recent stock transactions, purchases, and sales filed with the SEC.
$278.78K
TXN at $159.85/share
Jan 31, 2024
Sale
686 shares
TXN
Feb 23, 2023
Received
600 shares
TXN
Feb 23, 2023
Charity
600 shares
TXN
Feb 23, 2023
Charity
$557.42K
TXN at $181.69/share
Feb 3, 2023
Sale
574 shares
TXN
Jan 26, 2023
Received
$697.39K
TXN at $170.30/share
Feb 4, 2022
Sale
572 shares
TXN
Jan 27, 2022
Received
590 shares
TXN
Jan 28, 2021
Received
$777.16K
TXN at $165.25/share
Jan 28, 2021
Sale
Rivals
Compare Mark A. Blinn with competitor CEOs and industry peers.
Vicente Reynal
CEO of Ingersoll Rand
2023 Compensation
Stock
$0.00
Salary
$1.13M
Bonus
$3.43M
Other
$175.95K
Total Holdings
$49.37M
Richard J. Tobin
CEO of Dover
2023 Compensation
Stock
$3.25M
Salary
$1.29M
Bonus
$2.00M
Other
$207.19K
Total Holdings
$104.20K
Mark W. Sheahan
CEO of Graco
2023 Compensation
Stock
$0.00
Salary
$985.00K
Bonus
$1.30M
Other
$26.76K
Total Holdings
$110.45K
Max H. Mitchell
CEO of Crane Co.
2023 Compensation
Stock
$0.00
Salary
$1.06M
Bonus
$2.73M
Other
$1.19M
Total Holdings
$4.05M
Nicholas Fanandakis
CEO of ITT
2023 Compensation
Stock
$0.00
Salary
$1.09M
Bonus
$0.00
Other
$158.98K
Total Holdings
$3.19M