Fluor appoints new chairman

Fluor Corporation’s chief executive officer, David Constable, has been appointed by the board of directors to succeed Alan Boeckmann, current Fluor executive chairman, as chairman.

Alan Boeckmann, the company’s current executive chairman, will not stand for re-election at the annual shareholders meeting on May 5, 2022. (Photo: Business Wire)

Prior to becoming Fluor’s CEO in January 2021, Constable held various leadership roles within the company from 1982 to 2011. He is a board member of ABB and a former director of Anadarko and Rio Tinto.

“Fluor’s Board of Directors requested that I return to the company nearly three years ago, and for Fluor, the answer ‘no’ was not in my vocabulary. It has always been my intention to help the company in any way I was able, and so I was honoured by the invitation,” said Boeckmann.

“Since that time, under David Constable’s leadership, Fluor’s balance sheet has been strengthened and investor confidence has been restored. As such, I believe the timing is right for me to retire following the substantial positive strides of improvement we have delivered,” Boeckmann added.

Fluor has approximately 44,000 employees worldwide and had revenue of US$14.2 billion in 2020

David Constable, Fluor’s CEO, said, “Alan’s depth and breadth of knowledge of the global engineering and construction industry and Fluor’s clients served as an anchor for decades. More recently, Alan provided tremendous leadership and insight to Fluor’s management and its board and helped restore the confidence of stakeholders across the globe.”

Constable will perform his new role of chairman in addition to his role as CEO.