Wednesday, Flow International Corporation (FLOW), a developer and manufacturer of industrial waterjet machines for cutting and cleaning applications, announced the departure of its chief financial officer Douglas Fletcher effective December 8.
Douglas Fletcher is expected to join Bellevue, Washington-based Primus International, Inc. as its chief financial officer. Private equity backed Primus International is a tier II supplier of structural components and assemblies to the global aerospace industry.
Flow plans to launch a national search for his successor.
FLOW declined $0.09 or 4.02% and closed Wednesday's regular trading at $2.15. After hours, FLOW rose $0.05 or 2.27% and traded at $2.20.
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