Jillian Evanko is set to step down as President and CEO of the US-based cryogenic equipment manufacturer Chart Industries, as the company enters a $19bn merger-of-equals with Flowserve Corporation that will see Scott Rowe become CEO of the newly combined entity.
The combined company, whose name will be announced at a later date, will be headquartered in Dallas, with presence maintained in Atlanta and Houston.
With Rowe, who has been President and CEO of Flowserve for over eight years, becoming CEO of the combined company, Evanko will serve as Chair of the board of directors.
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