Flowserve, a provider of flow control products and services for the global infrastructure markets, has hired John (Jay) Roueche, III as vice president, treasurer and investor relations. He will report to Michael Taff, senior vice president (SVP) and chief financial officer (CFO).
Most recently, Roueche served as vice president, treasurer and investor relations for McDermott International and previously held finance positions at Pennzoil-Quaker State, Pennzoil, Rockport Resources Capital and Shell Oil. Roueche earned his MBA in Finance from The University of Texas at Austin and an undergraduate degree in finance and economics from Texas Tech University.
GTNews asks Pugsley about what advice she would give to treasurers dealing with mergers and acquisitions, what the key challenges for her year ahead will be and how she is selecting a treasury management system (TMS).
The US money market fund reforms came into effect in 2016 and are already dramatically shaping US fund industry with investors flooding out of prime funds and into government securities. While the reforms are similar, they are not the same. GTNews interviews Yeng Bulter, global head of the cash business at State Street Global Advisors on the differences.
Tim de Knegt, strategic finance and treasury manager for the Port of Rotterdam, discusses how he is using blockchain, the challenges he will face in his role of treasury over the next 12 months and the advice he would give to someone starting out their career in treasury.
Due to the low interest rate environment and Basel III regulation many corporate treasurers, who may have in the past been very reliant on the banking sector to provide them with cash management solutions, have been forced to explore alternative options as banks have been refusing short dated cash deposits.