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Fluor Announces Leadership Changes

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Fluor (NYSE: FLR) has announced significant leadership changes, effective immediately. Jim Breuer has been appointed to the newly created position of Chief Operating Officer (COO), tasked with driving a more holistic view of Fluor's markets, strengths, and needs across its three business segments. Kevin Hammonds has been named Chief Legal Officer (CLO), succeeding John Reynolds, who will retire after nearly 40 years of service but remain as Corporate Secretary until May 2025.

These appointments come as Fluor wraps up the first chapter of its 'building a better future' strategy. CEO David E. Constable expressed satisfaction with the company's progress and outlined future plans, including maximizing growth opportunities, focusing on execution, generating consistent operating cash flow, and developing talent. Fluor, with nearly 34,000 employees and $15.5 billion in 2023 revenue, continues to provide engineering, procurement, and construction services globally.

Fluor (NYSE: FLR) ha annunciato importanti cambiamenti di leadership, che saranno effettivi immediatamente. Jim Breuer è stato nominato nella nuova posizione di Chief Operating Officer (COO), con il compito di promuovere una visione più olistica dei mercati, dei punti di forza e delle necessità di Fluor nei suoi tre segmenti aziendali. Kevin Hammonds è stato nominato Chief Legal Officer (CLO), succedendo a John Reynolds, che andrà in pensione dopo quasi 40 anni di servizio ma rimarrà come Corporate Secretary fino a maggio 2025.

Queste nomine arrivano mentre Fluor conclude il primo capitolo della sua strategia 'costruire un futuro migliore'. L'AD David E. Constable ha espresso soddisfazione per i progressi dell'azienda e ha delineato i piani futuri, tra cui massimizzare le opportunità di crescita, concentrarsi sull'esecuzione, generare un flusso di cassa operativo costante e sviluppare talenti. Fluor, con quasi 34.000 dipendenti e 15,5 miliardi di dollari di fatturato nel 2023, continua a fornire servizi di ingegneria, approvvigionamento e costruzione a livello globale.

Fluor (NYSE: FLR) ha anunciado cambios significativos en la dirección, con efecto inmediato. Jim Breuer ha sido nombrado para el nuevo puesto de Director de Operaciones (COO), con la tarea de impulsar una visión más holística de los mercados, fortalezas y necesidades de Fluor en sus tres segmentos comerciales. Kevin Hammonds ha sido designado como Director Legal (CLO), sucediendo a John Reynolds, quien se jubilará después de casi 40 años de servicio, pero permanecerá como Secretario Corporativo hasta mayo de 2025.

Estos nombramientos se producen mientras Fluor concluye el primer capítulo de su estrategia 'construyendo un futuro mejor'. El CEO David E. Constable expresó su satisfacción por el progreso de la empresa y delineó los planes futuros, incluyendo maximizar las oportunidades de crecimiento, enfocarse en la ejecución, generar un flujo de caja operativo consistente y desarrollar talento. Fluor, con casi 34,000 empleados y 15.5 mil millones de dólares en ingresos en 2023, continúa brindando servicios de ingeniería, adquisiciones y construcción a nivel global.

플루어(주식 코드: FLR)가 즉시 발효되는 중요한 리더십 변화를 발표했습니다. 짐 브루어가 신설된 COO(최고 운영 책임자) 직위에 임명되어 플루어의 세 가지 사업 부문에 걸친 시장, 강점 및 요구 사항에 대한 보다 포괄적인 시각을 추진하는 임무를 맡았습니다. 케빈 해먼드는 존 레이놀즈의 뒤를 이어 법무 담당 최고 책임자(CLO)로 임명되었으며, 존은 거의 40년의 서비스 끝에 퇴직하지만 2025년 5월까지 기업 비서로 남게 됩니다.

이번 임명은 플루어가 '더 나은 미래를 구축하기' 전략의 첫 번째 장을 마무리하는 시점에서 이루어졌습니다. CEO 데이비드 E. 콘스태블은 회사의 진전에 대한 만족을 표명하고, 향후 계획을 개략적으로 설명했습니다. 여기에는 성장 기회 극대화, 실행 집중, 일관된 운영 현금 흐름 생성 및 인재 개발이 포함됩니다. 플루어는 거의 34,000명의 직원과 2023년 매출 155억 달러를 기록하며 전 세계적으로 엔지니어링, 조달 및 건설 서비스를 계속 제공하고 있습니다.

Fluor (NYSE: FLR) a annoncé d'importants changements au niveau de la direction, qui prendront effet immédiatement. Jim Breuer a été nommé au nouveau poste de directeur des opérations (COO), chargé de promouvoir une vision plus globale des marchés, des atouts et des besoins de Fluor à travers ses trois segments d'activité. Kevin Hammonds a été nommé directeur juridique (CLO), succédant à John Reynolds, qui prendra sa retraite après près de 40 ans de service, mais restera secrétaire général jusqu'en mai 2025.

Ces nominations interviennent alors que Fluor clôt le premier chapitre de sa stratégie 'construire un avenir meilleur'. Le PDG David E. Constable a exprimé sa satisfaction quant aux progrès de l'entreprise et a esquissé des plans futurs, notamment la maximisation des opportunités de croissance, la concentration sur l'exécution, la génération d'un flux de trésorerie opérationnel constant et le développement des talents. Fluor, avec près de 34 000 employés et 15,5 milliards de dollars de chiffre d'affaires en 2023, continue d'offrir des services d'ingénierie, d'approvisionnement et de construction à l'échelle mondiale.

Fluor (NYSE: FLR) hat bedeutende Änderungen in der Unternehmensführung angekündigt, die sofort in Kraft treten. Jim Breuer wurde in die neu geschaffene Position des Chief Operating Officer (COO) berufen, um eine umfassendere Sicht auf die Märkte, Stärken und Bedürfnisse von Fluor in seinen drei Geschäftsbereichen zu fördern. Kevin Hammonds wurde als Chief Legal Officer (CLO) benannt und tritt die Nachfolge von John Reynolds an, der nach fast 40 Jahren in den Ruhestand gehen wird, jedoch bis Mai 2025 als Corporate Secretary bleiben wird.

Diese Ernennungen erfolgen, während Fluor das erste Kapitel seiner Strategie 'Eine bessere Zukunft aufbauen' abschließt. CEO David E. Constable äußerte Zufriedenheit mit den Fortschritten des Unternehmens und skizzierte die zukünftigen Pläne, einschließlich der Maximierung von Wachstumsmöglichkeiten, der Fokussierung auf die Umsetzung, der Generierung eines konsistenten Betriebscashflows und der Talententwicklung. Fluor, mit fast 34.000 Mitarbeitern und einem Umsatz von 15,5 Milliarden US-Dollar im Jahr 2023, bietet weltweit weiterhin Ingenieur-, Beschaffungs- und Baudienstleistungen an.

Positive
  • Creation of new COO position to drive holistic view across business segments
  • Smooth transition in CLO position with retiring executive remaining as Corporate Secretary
  • Company reported $15.5 billion in revenue for 2023
  • Ranked 265 among Fortune 500 companies
Negative
  • Retirement of long-serving CLO after nearly 40 years may result in loss of institutional knowledge

IRVING, Texas--(BUSINESS WIRE)-- Fluor Corporation (NYSE: FLR) announced last Friday during its second quarter earnings call the appointments of a new Chief Operating Officer (COO) and Chief Legal Officer (CLO), effective today.

Jim Breuer, Fluor's new Chief Operating Officer (COO). (Photo: Business Wire)

Jim Breuer, Fluor's new Chief Operating Officer (COO). (Photo: Business Wire)

Jim Breuer has been appointed to the newly created position of COO. In this capacity, Breuer will drive a more holistic view of Fluor’s markets, strengths and needs in project delivery and talent allocation across the company’s three business segments – Energy Solutions, Mission Solutions and Urban Solutions.

Kevin Hammonds has been appointed CLO, succeeding John Reynolds, who will retire from the company after nearly 40 years of service. Reynolds will remain as Corporate Secretary to Fluor’s Board of Directors until May 2025.

“I could not be more pleased with the progress we have made over the past few years under our building a better future strategy,” said David E. Constable, Chairman and Chief Executive Officer of Fluor. “As we wrap up the first chapter of this strategy, it’s time to develop plans for the next chapter, including maximizing opportunities in growth markets, remaining laser focused on execution, generating consistent operating cash flow and continuing to develop the company’s most important resource, our people.”

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 34,000 employees provide professional and technical solutions that deliver safe, well-executed, capital-efficient projects to clients around the world. Fluor had revenue of $15.5 billion in 2023 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

Who is the new Chief Operating Officer (COO) of Fluor (FLR)?

Jim Breuer has been appointed as the new Chief Operating Officer (COO) of Fluor (NYSE: FLR), effective August 5, 2024.

What is Jim Breuer's role as the new COO of Fluor (FLR)?

As the new COO of Fluor (FLR), Jim Breuer will drive a more holistic view of Fluor's markets, strengths, and needs in project delivery and talent allocation across the company's three business segments: Energy Solutions, Mission Solutions, and Urban Solutions.

Who has been appointed as the new Chief Legal Officer (CLO) of Fluor (FLR)?

Kevin Hammonds has been appointed as the new Chief Legal Officer (CLO) of Fluor (NYSE: FLR), effective August 5, 2024.

What was Fluor 's (FLR) revenue in 2023?

Fluor (NYSE: FLR) reported revenue of $15.5 billion in 2023.

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