Fluor Corporation announced the retirement of Executive Chairman David E. Constable effective May 6, 2026, and appointed James T. Hackett as Chair of the Board effective May 5, 2026. The Board elected Robert G. Card as a new independent director effective March 4, 2026, increasing Board size to twelve members, and entered a one-year consulting agreement with Constable for $525,200.
Key takeaways
David E. Constable, Executive Chairman, retiring effective May 6, 2026, not standing for reelection at annual meeting
James T. Hackett, Lead Independent Director, appointed Chair of the Board effective May 5, 2026
Robert G. Card elected as new director effective March 4, 2026, Board size increased to twelve members
Mr. Card appointed to Audit Committee and Commercial Strategies and Operational Risk Committee
Consulting agreement with Mr. Constable via FDEE Consulting, Inc. for advisory services starting May 6, 2026, fee $525,200 paid quarterly