Fluor Corporation recently announced that its board of directors has confirmed the appointment of Carlos M. Hernandez as Chief Executive Officer (CEO) and a member of the board of the company.
“Fluor’s board of directors is pleased to confirm Carlos’ appointment as our CEO,” said Alan Boeckmann, Fluor’s Executive Chairman. “Carlos’ engineering and legal background, combined with his 12 years successfully serving in executive leadership roles at Fluor, makes him uniquely qualified to lead the company and our team of talented global professionals. I look forward to working closely alongside and supporting Carlos as Fluor’s executive chairman,” he added.
Hernandez, Fluor’s CEO, said, “While I recognize our challenges, first and foremost, I believe the underlying business fundamentals are strong. Currently, most of our projects are profitable, and my immediate priority will be to ensure we have appropriately applied our project governance review methodology and fully identify the underlying issues on the few projects that have contributed to recent underperformance.”
As Fluor’s Executive Chairman, Alan Boeckmann will serve as a strategic partner and advisor to Hernandez, with availability to provide counsel around issues of strategic importance including client and investor relationships and long-term succession planning.