Peter J. Fluor Retires from Board of Directors
Fluor Corporation (NYSE: FLR) announces the retirement of Peter J. Fluor from its Board of Directors effective May 6. Peter, the last of the Fluor family in leadership since the company's founding in 1912, has served on the board since 1984. He held various roles, including lead independent director from 2003 to 2020. CEO David Constable recognized Peter's commitment to safety, integrity, and teamwork during his tenure. Peter also leads Texas Crude Energy, LLC, and his departure marks the end of an era for Fluor Corporation's longstanding family leadership.
- Peter Fluor's 37 years of board service contributed to company resilience and strategic direction.
- His leadership promoted key values such as safety, integrity, and teamwork within the organization.
- The retirement may create a leadership transition challenge due to the loss of long-term family involvement.
Fluor Corporation (NYSE: FLR) announced that Peter J. Fluor, great-grandson of company founder John Simon Fluor, is retiring May 6 from the Fluor Corporation Board of Directors. He is the last in a long line of Fluor family members to serve as leaders within the company since its founding in 1912.
Peter J. Fluor retires from Fluor Corporation Board of Directors. (Photo: Business Wire)
Peter Fluor served on the company’s board of directors since 1984 in a variety of roles including as lead independent director from 2003 to 2020.
“Peter has continued the Fluor legacy: a commitment to excellence, integrity and ethics, always putting the safety and wellbeing of employees first, and recognizing that teamwork is a key component of our success,” said David Constable, chief executive officer of Fluor. “We will continue this legacy by applying these same values to the work we do every day at Fluor. On behalf of the company, I would like to wish Peter and his entire family much health and happiness.”
Peter Fluor serves as the chairman and chief executive officer of Texas Crude Energy, LLC, an international oil and gas exploration and production company, since 2001, and was president and chief executive officer of Texas Crude Energy from 1980 to 2001.
His father, J. Robert Fluor, Sr., served as Fluor’s chairman and chief executive officer from 1962 to 1984.
“Fluor Corporation has greatly benefitted from the 37 years of Peter Fluor’s board service,” said Alan Boeckmann, executive chairman of Fluor. “His dedication and selfless commitment have served us through many challenges and successes. I have personally appreciated his counsel, support and advice over the years. We will miss his valuable contributions.”
About Fluor Corporation
Fluor Corporation (NYSE: FLR) is building a better future by applying world-class expertise to solve its clients’ greatest challenges. Fluor’s 44,000 employees provide professional and technical solutions that deliver safe, well-executed, capital-efficient projects to clients around the world. Fluor had revenue of
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