Fluor announces executive shifts; Fields plans 2026 retirement

Rhea-AI Filing Summary

Fluor Corporation announced planned leadership transitions tied to succession planning. On October 17, 2025, Group President, Project Execution Mark E. Fields notified the company that he intends to retire in 2026. Effective November 1, 2025, Mr. Fields will become Group President, Strategic Projects.

On the same date, Michael E. Alexander, currently Business Group President, Energy Solutions, will assume the role of Group President, Project Execution. Pierre Bechelany, currently President, LNG & Power, will become Business Group President, Energy Solutions, also effective November 1, 2025. These moves outline a clear handoff of responsibilities ahead of Mr. Fields’ anticipated 2026 retirement.

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UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, DC 20549

FORM 8-K

CURRENT REPORT

Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934

Date of Report (Date of earliest event reported): October 17, 2025

FLUOR CORPORATION

(Exact name of registrant as specified in its charter)

Delaware

001-16129

33-0927079

(State or other jurisdiction of incorporation or organization)

(Commission File Number)

(IRS Employer Identification Number)

6700 Las Colinas Blvd.
Irving,			Texas						75039
(Address of principal executive offices)									(Zip Code)

Registrant’s telephone number, including area code (469) 398-7000

Not Applicable

(Former name or former address, if changed since last report)

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

☐                 Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

☐                  Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

☐                 Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

☐                 Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Securities registered pursuant to Section 12(b) of the Act:

Title of each class			Trading Symbol(s)			Name of each exchange on which registered
Common Stock, $.01 par value per share			FLR			New York Stock Exchange

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).

                                         Emerging growth company ☐ 

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. o

Item 5.02. Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.

On October 17, 2025, Mr. Mark E. Fields, Group President, Project Execution of Fluor Corporation (the “Corporation”), notified the Corporation that he intends to retire in 2026. As part of a succession planning transition process, the Board of Directors (the “Board”) of the Corporation appointed Mr. Fields to the role Group President, Strategic Projects, effective November 1, 2025. Mr. Michael E. Alexander, the Corporation’s current Business Group President, Energy Solutions, will move into the role of Group President, Project Execution, effective November 1, 2025. Mr. Pierre Bechelany, the Corporation’s current President, LNG & Power, will move into the role of Business Group President, Energy Solutions, effective November 1, 2025.

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SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

Date: October 21, 2025

			FLUOR CORPORATION
			By:			/s/ Kevin B. Hammonds
						Kevin B. Hammonds
						Executive Vice President, Chief Legal Officer and Corporate Secretary

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FAQ

What leadership changes did Fluor (FLR) announce?

Fluor outlined transitions effective November 1, 2025, reassigning senior roles as part of succession planning.

When is Mark E. Fields expected to retire from Fluor (FLR)?

He notified the company that he intends to retire in 2026.

What new role will Mark E. Fields hold before retirement at Fluor (FLR)?

Effective November 1, 2025, he will serve as Group President, Strategic Projects.

Who becomes Group President, Project Execution at Fluor (FLR)?

Michael E. Alexander will assume the role on November 1, 2025.

Who will lead Energy Solutions at Fluor (FLR)?

Pierre Bechelany will become Business Group President, Energy Solutions effective November 1, 2025.

What role did Michael E. Alexander hold before the change at Fluor (FLR)?

He was Business Group President, Energy Solutions.

What role did Pierre Bechelany hold before his new appointment at Fluor (FLR)?

He was President, LNG & Power.