Bernard G. Rethore

BERNARD G. RETHORE is Chairman and Chief Executive Officer of Flowserve
Corporation. Mr. Rethore came to Flowserve when the company was formed
in 1997 from BW/IP, Inc., a Flowserve predecessor company, of which he
was Chairman, President and Chief Executive Officer. He joined BW/IP in
1995 as President and CEO and was elected Chairman in early 1997.
Previously, Mr. Rethore was President of Phelps Dodge Industries (PDI),
the diversified manufacturing division of Phelps Dodge Corporation. He
also was a Senior Vice President of Phelps Dodge Corporation and a
member of its Senior Management Committee. Mr. Rethore began work for
Phelps Dodge in 1989 as Group Executive for PDI and was elected
President in 1990. Prior to joining Phelps Dodge he was President and
CEO of Microdot Industries, the manufacturing business of Microdot Inc.
He started with Microdot in 1973 as a division Vice President and
General Manager. In 1977, he was named Vice President-Operations and
Planning of Microdot’s Connector Group. A year later, Mr. Rethore became
President of the Business Development Group where he had operating
responsibility for Microdot’s sealing-device business, as well as
corporate responsibility for planning and acquisitions. In 1982, he was
elected President of Microdot’s Fastening Systems and Sealing Devices
groups. Prior to his career with Microdot, Mr. Rethore was an Associate
and, later, Senior Engagement Manager in the Washington office of
McKinsey & Company, Inc. He has been a consultant to senior management
in private industry, the U.S. government and the United Nations. Mr.
Rethore is a member of the Board of Directors of Belden Inc. and Maytag
Corporation. He is a Trustee of Thunderbird, the American Graduate
School of International Management, and the Phoenix Country Day School.
Mr. Rethore earned a Bachelor of Arts degree in Economics from Yale
University in 1962. In 1967, he received a Master of Business
Administration degree from the Wharton School, where he was a Joseph P.
Wharton Scholar and Fellow.