Fluor Announces Retirement of Executive Chairman, David E. Constable, and Appointment of James T.

Core Viewpoint - Fluor Corporation announced the retirement of Executive Chairman David E. Constable and the appointment of James T. (Jim) Hackett as Chairman of the Board, effective May 5, 2026, marking a significant leadership transition within the company [1]. Group 1: Leadership Transition - David E. Constable will step down from the Board of Directors after 44 years with Fluor, having held various leadership roles and serving as CEO from 2021 to 2025 [1]. - James T. Hackett, the current Lead Independent Director, will take over as Chairman, bringing extensive governance experience and a strong background in the energy industry [1]. - Constable's leadership is credited with strengthening Fluor's financial foundation and restoring stakeholder confidence, while Hackett aims to build on this momentum [1]. Group 2: Company Overview - Fluor Corporation, headquartered in Irving, Texas, employs nearly 23,000 people and reported revenue of $15.5 billion in 2025, ranking 257 among Fortune 500 companies [1]. - The company specializes in engineering, procurement, construction, and maintenance services, addressing significant challenges for clients globally [1].