Fluor has appointed chief operating officer Jim Breuer as chief executive effective 1 May, while current chair and CEO David E. Constable will take up the role of executive chairman on the same date.
Breuer has worked for Fluor for 31 years. He became chief operating officer last year, responsible for Fluor’s markets, talent deployment and project delivery.
Prior to that he held several executive positions including group president of energy solutions.
Fluor said his engineering, procurement and construction experience spans four continents in the energy, chemicals, mining and metals, and power sectors.
“I am incredibly proud of what we have achieved over the past four years under our ‘building a better future’ strategy, having strengthened our balance sheet, secured a high-quality backlog and restored stakeholder confidence in our project delivery value proposition,” said Constable.
“Jim has played an instrumental role in our success and the board and I have full confidence in his ability to lead Fluor, as we transition from a ‘fix and build’ phase to the next chapter of our strategy, ‘grow and execute’,” he added.
“I am grateful to the Board of Directors for the opportunity to lead Fluor at this pivotal time and to build on the strong platform for growth we have collectively established under David’s leadership,” said Breuer.
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