secwatch.observer — SEC 8-K summary
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Issuer:     FLUOR CORP (FLR)
CIK:        0001124198
Form:       8-K
Filed at:   2025-02-18T23:59:59+00:00
Accession:  0001628280-25-005921
Event type: leadership
Sentiment:  neutral
Materiality: 0.70
Item codes: 5.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Fluor appoints COO Jim Breuer as CEO, effective May 1; Constable becomes Executive Chairman
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- Jim Breuer, current COO, named CEO effective May 1, 2025, succeeding David Constable.
- David Constable transitions to Executive Chairman, ensuring leadership continuity.
- Breuer's compensation: $1.25M base salary, 140% target bonus, $3.96M LTI grant (35% RSUs, 15% options, 50% performance).
- Constable's compensation as Executive Chairman: $525K base, 100% target bonus, $7.53M LTI grant.
- CFO John Regan compensation set: $675K base, 95% target bonus, $1.4M LTI grant.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1124198/000162828025005921/0001628280-25-005921-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1124198/000162828025005921/flr-20250217.htm
  HTML page:      https://secwatch.observer/filing/0001628280-25-005921

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer