Fluor confirms new CEO

Carlos Hernandez

Hernandez was appointed interim CEO of Fluor on Could 1, in accordance with the succession plan established by the corporate following the resignation of David Seaton. The administrators additionally appointed John Reynolds as Fluor's Director of Authorized Companies.

"Fluor's Board of Administrators is happy to substantiate the appointment of Carlos as CEO," mentioned Alan Boeckmann, Govt Chairman of Fluor. "Now we have nice confidence in Carlos and are assured that he’ll present the strong management wanted to help the following section of Fluor's progress and future success. Carlos' background in engineering and legislation, mixed together with his 12 years of expertise in Fluor's management, provides him a singular capability to guide the corporate and our group of proficient worldwide professionals. "

"I’m honored and excited by this distinctive alternative to guide Fluor, an organization with over 100 years of worldwide management in our business, a repute for excellence and the most effective expertise within the business," mentioned Hernandez. "Whereas I acknowledge our challenges, above all, I consider that the basics of the underlying enterprise are sturdy. At present, most of our tasks are cost-effective and my fast precedence will likely be to make sure that we correctly apply our undertaking governance evaluate methodology and totally determine the underlying problems with the few tasks which have contributed to the sub-project. latest efficiency.

"Together with this precedence, I’ll work carefully with Fluor's administration group as a part of a complete strategic evaluate of the corporate's enterprise and operations, which is presently underway. I stay up for reporting and offering an replace to our strategic evaluate after we report the second quarter outcomes. "

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