Flowserve Corp., a provider of flow control products and services, announced that John E. (Jay) Roueche III, Flowserve’s vice president, investor relations and treasurer, will assume the role of interim chief financial officer, effective immediately. Roueche’s appointment follows Karyn Ovelmen’s departure from the company as executive vice president and chief financial officer.

Flowserve will initiate a search to identify a permanent chief financial officer under incoming president and CEO Scott Rowe’s direction.

“We are pleased that Jay has agreed to serve as Interim CFO during this important time to ensure a seamless transition,” said Mark Blinn, Flowserve’s president and chief executive officer. “Jay is a seasoned executive with a deep understanding of our business and financials. On behalf of our Board and management team, I thank Karyn for her financial leadership and many contributions to Flowserve. We wish her well in her future endeavors.”