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Home » Boeckmann to Retire as Executive Chairman of Fluor

Boeckmann to Retire as Executive Chairman of Fluor

Alan Boeckmann
David Constable
February 17, 2022
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IRVING, TX — Fluor Corporation announces that Alan Boeckmann, the company's current Executive Chairman, will not stand for re-election at the annual shareholders meeting on May 5, 2022. Boeckmann was formerly CEO and Chairman of Fluor Corporation from 2002 to 2011 and Non-Executive Chairman in 2012.

Fluor's current Chief Executive Officer (CEO) David Constable has been appointed by the board of directors to succeed Boeckmann as Chairman in addition to his CEO role.

“Alan rejoined Fluor's board as Executive Chairman in 2019 and has served Fluor Corporation for nearly 40 years in leadership positions, including the company's Chairman and CEO from 2002 to 2011," Constable said. "Alan then served as Non-Executive Chairman until 2012. He has an unmatched understanding of our industry. 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. He will continue to serve on the board of NuScale Power going forward."

“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," Boeckmann said. "It has always been my intention to help the company in any way I was able, and so I was honored by the invitation. 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 for our clients, shareholders, and stakeholders."

“I began my career with Fluor in 1974, and I have great respect and appreciation for the employees who work at Fluor around the world," Boeckmann said. "I would like to thank Fluor's board and senior leadership for their confidence in me and their perseverance in charting a course to build a better world."

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. He also served as CEO and Executive Director of Sasol from 2011 to 2016. Constable became a member of Fluor's Board of Directors in 2019 and chaired the Commercial Strategies and Operational Risk Committee.

Fluor Corporation is building a better world 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 globally. Fluor had revenue of $14.2 billion in 2020 and is ranked 196 among the Fortune 500 companies. With headquarters in Irving, Texas, Fluor has been providing engineering, procurement, and construction services for more than 100 years.
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