Fluor Appoints Jim Breuer as CEO, Constable Becomes Executive Chairman

Fluor Corporation has appointed Jim Breuer as its new CEO, effective May 1, 2025, succeeding David E. Constable, who will transition to the role of executive chairman. Breuer, who has been with Fluor for 31 years and served as COO since 2024, is expected to lead the company into its next strategic phase, focusing on growth and project execution excellence. Constable praised Breuer's contributions to the company and expressed confidence in his ability to drive future success through a deep understanding of global operations and market dynamics. Fluor reported a slight increase in revenue to $16.3 billion for 2024, although its total order backlog decreased to $28.5 billion. The leadership change aims to build on the achievements of the 'building a better future' strategy while emphasizing sustainable earnings and leadership development. Breuer's annual base salary as CEO will be $1.25 million, with potential bonuses tied to performance metrics.