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Fluor Announces Appointment of Jim Breuer as CEO; David E. Constable to Transition to Executive Chairman

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Fluor (NYSE: FLR) has announced a significant leadership transition, with current COO Jim Breuer appointed as CEO effective May 1, 2025. Current Chairman and CEO David E. Constable will transition to Executive Chairman on the same date.

Breuer, who has served as COO since 2024, brings 31 years of experience at Fluor, including extensive international experience across four continents in energy, chemicals, mining and metals, and power sectors. Prior to his COO role, he served as Group President of Energy Solutions.

The transition marks Fluor's shift from a 'fix and build' phase to a new strategic chapter focused on 'grow and execute'. The company reported revenue of $16.3 billion in 2024 and employs nearly 27,000 people globally.

Fluor (NYSE: FLR) ha annunciato una significativa transizione nella leadership, con l'attuale COO Jim Breuer nominato CEO a partire dal 1° maggio 2025. L'attuale Presidente e CEO David E. Constable passerà a Chairman Esecutivo nella stessa data.

Breuer, che ha ricoperto il ruolo di COO dal 2024, porta con sé 31 anni di esperienza in Fluor, inclusa una vasta esperienza internazionale su quattro continenti nei settori dell'energia, chimica, mineraria e dei metalli, e dell'energia. Prima del suo ruolo di COO, ha ricoperto la carica di Presidente del Gruppo Soluzioni Energetiche.

Questa transizione segna il passaggio di Fluor da una fase di 'correzione e costruzione' a un nuovo capitolo strategico focalizzato su 'crescita ed esecuzione'. L'azienda ha registrato un fatturato di $16,3 miliardi nel 2024 e impiega quasi 27.000 persone a livello globale.

Fluor (NYSE: FLR) ha anunciado una importante transición en el liderazgo, con el actual COO Jim Breuer nombrado CEO a partir del 1 de mayo de 2025. El actual Presidente y CEO David E. Constable pasará a ser Presidente Ejecutivo en la misma fecha.

Breuer, quien ha sido COO desde 2024, aporta 31 años de experiencia en Fluor, incluyendo una amplia experiencia internacional en cuatro continentes en los sectores de energía, química, minería y metales, y energía. Antes de su cargo como COO, fue Presidente del Grupo de Soluciones Energéticas.

La transición marca el cambio de Fluor de una fase de 'arreglar y construir' a un nuevo capítulo estratégico centrado en 'crecer y ejecutar'. La empresa reportó ingresos de $16.3 mil millones en 2024 y emplea a casi 27,000 personas en todo el mundo.

플루어 (NYSE: FLR)는 현재 COO인 Jim Breuer가 2025년 5월 1일부터 CEO로 임명되는 중요한 리더십 전환을 발표했습니다. 현재 의장 겸 CEO인 David E. Constable는 같은 날짜에 집행 의장으로 전환됩니다.

2024년부터 COO로 재직해온 Breuer는 에너지, 화학, 광업 및 금속, 전력 분야에서 4개 대륙에 걸친 광범위한 국제 경험을 포함하여 플루어에서 31년의 경험을 쌓아왔습니다. COO 역할 이전에는 에너지 솔루션 그룹의 사장으로 재직했습니다.

이번 전환은 플루어가 '수리 및 건설' 단계에서 '성장 및 실행'에 중점을 둔 새로운 전략적 장으로 전환하는 것을 의미합니다. 이 회사는 2024년 163억 달러의 수익을 보고했으며, 전 세계적으로 거의 27,000명의 직원을 고용하고 있습니다.

Fluor (NYSE: FLR) a annoncé une transition significative de leadership, avec l'actuel COO Jim Breuer nommé CEO à compter du 1er mai 2025. L'actuel Président et CEO David E. Constable passera à la présidence exécutive à la même date.

Breuer, qui occupe le poste de COO depuis 2024, apporte 31 ans d'expérience chez Fluor, y compris une vaste expérience internationale sur quatre continents dans les secteurs de l'énergie, de la chimie, de l'exploitation minière et des métaux, ainsi que de l'énergie. Avant son rôle de COO, il était Président du Groupe des Solutions Énergétiques.

Cette transition marque le passage de Fluor d'une phase de 'réparation et construction' à un nouveau chapitre stratégique axé sur 'croître et exécuter'. L'entreprise a déclaré un chiffre d'affaires de 16,3 milliards de dollars en 2024 et emploie près de 27 000 personnes dans le monde.

Fluor (NYSE: FLR) hat einen bedeutenden Führungswechsel angekündigt, wobei der derzeitige COO Jim Breuer ab dem 1. Mai 2025 als CEO ernannt wird. Der derzeitige Vorsitzende und CEO David E. Constable wird an diesem Datum zum Executive Chairman wechseln.

Breuer, der seit 2024 als COO tätig ist, bringt 31 Jahre Erfahrung bei Fluor mit, einschließlich umfangreicher internationaler Erfahrung auf vier Kontinenten in den Bereichen Energie, Chemie, Bergbau und Metalle sowie Energie. Vor seiner Rolle als COO war er Gruppenpräsident für Energiesysteme.

Der Übergang markiert Fluors Wechsel von einer 'Reparatur- und Bauphase' zu einem neuen strategischen Kapitel, das sich auf 'Wachstum und Umsetzung' konzentriert. Das Unternehmen berichtete 2024 von einem Umsatz von 16,3 Milliarden US-Dollar und beschäftigt weltweit fast 27.000 Mitarbeiter.

Positive
  • Planned smooth leadership transition with current COO ensuring continuity
  • New CEO brings 31 years of company experience and extensive international expertise
  • Strong 2024 revenue of $16.3 billion
  • Successfully strengthened balance sheet and secured high-quality backlog under current leadership
Negative
  • None.

IRVING, Texas--(BUSINESS WIRE)-- Fluor Corporation (NYSE: FLR) announced today that its Board of Directors has appointed Chief Operating Officer (COO), Jim Breuer, as Chief Executive Officer (CEO), effective May 1, 2025. David E. Constable, Fluor’s current Chairman and CEO, will transition into the role of Executive Chairman on the same date, ensuring continuity of leadership and strategic direction of the company.

Jim Breuer named Fluor Chief Executive Officer, effective May 1, 2025. (Photo: Business Wire)

Jim Breuer named Fluor Chief Executive Officer, effective May 1, 2025. (Photo: Business Wire)

Breuer has held the role of COO since 2024, driving a more holistic approach to Fluor’s markets, talent deployment and project delivery excellence. Prior to his COO role, he held several executive leadership positions including Group President of Energy Solutions. His engineering, procurement and construction experience spans four continents in the energy, chemicals, mining and metals, and power sectors. In his 31 years at Fluor, Breuer has held a variety of executive and project roles, including spending half of his career on assignments outside of the United States.

“I am incredibly proud of what we have achieved over the past four years under our ‘building a better future’ strategy, having strengthened our balance sheet, secured a high-quality backlog and restored stakeholder confidence in our project delivery value proposition,” said Constable. “Jim has played an instrumental role in our success and the Board and I have full confidence in his ability to lead Fluor, as we transition from a ‘fix and build’ phase to the next chapter of our strategy, ‘grow and execute’. Jim’s deep knowledge of our global operations, markets, partners and clients will be crucial in driving our heightened focus on business growth, executing projects with excellence, developing the next generation of leaders and delivering sustainable earnings.”

“I am grateful to the Board of Directors for the opportunity to lead Fluor at this pivotal time and to build on the strong platform for growth we have collectively established under David’s leadership,” said Breuer. “I look forward to my ongoing working relationship with David as Executive Chairman, and collaborating with the Board, the Fluor Management Team and our dedicated employees and partners across the globe as we continue to deliver value for our clients and shareholders.”

About Fluor Corporation

Fluor Corporation (NYSE: FLR) is building a better world by applying world-class expertise to solve its clients’ greatest challenges. Fluor’s nearly 27,000 employees provide professional and technical solutions that deliver safe, well-executed, capital-efficient projects to clients around the world. Fluor had revenue of $16.3 billion in 2024 and is ranked 265 among the Fortune 500 companies. With headquarters in Irving, Texas, Fluor has provided engineering, procurement and construction services for more than a century. For more information, please visit www.fluor.com or follow Fluor on Facebook, Instagram, LinkedIn, X and YouTube.

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Brett Turner

Media Relations

864.281.6976

Jason Landkamer

Investor Relations

469.398.7222

Source: Fluor Corporation

FAQ

When will Jim Breuer become CEO of Fluor (FLR)?

Jim Breuer will become CEO of Fluor (FLR) effective May 1, 2025.

What is Fluor's (FLR) revenue for 2024?

Fluor (FLR) reported revenue of $16.3 billion in 2024.

What is Fluor's (FLR) new strategic focus under incoming CEO Jim Breuer?

Under Jim Breuer, Fluor (FLR) will transition from a 'fix and build' phase to 'grow and execute' strategy, focusing on business growth, project execution excellence, and leadership development.

What experience does Jim Breuer bring to the CEO position at Fluor (FLR)?

Jim Breuer brings 31 years of experience at Fluor, including roles as COO and Group President of Energy Solutions, with international experience across four continents in energy, chemicals, mining and metals, and power sectors.

What will happen to current Fluor (FLR) CEO David Constable?

Current CEO David Constable will transition to the role of Executive Chairman of Fluor (FLR) effective May 1, 2025.

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