FLUOR CORPORATION (NYSE:FLR) Files An 8-K Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers
Item 5.02. Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.
(d) On March7, 2019, the Board of Directors (the “Board”) of Fluor Corporation (the “Corporation”) voted to increase the size of the Board to thirteen members, effective May1, 2019. The Board elected Alan L. Boeckmann to the Board, effective May1, 2019, to fill the new position authorized by the Board.
The Board has affirmatively determined that Mr.Boeckmann is independent of the Corporation and its management under New York Stock Exchange listing standards and the standards set forth in the Corporation’s Corporate Governance Guidelines.
Mr.Boeckmann will receive the standard compensation amounts payable to non-employee directors of the Corporation, as described in Exhibit10.20 to the Corporation’s Annual Report on Form10-K filed on February20, 2018.
In connection with Mr.Boeckmann’s election, the Corporation and Mr.Boeckmann will enter into the form of indemnification agreement filed with the Corporation’s Annual Report on Form10-K filed on February25, 2009.
Mr.Boeckmann is currently receiving distributions of deferred compensation and payments of supplemental benefits under arrangements that were previously disclosed and were approved by the Organization and Compensation Committee of the Board and the Board’s independent directors at the time he served as an executive officer of the Corporation and for which he chose annuity payments instead of lump sum payment.
FLUOR CORP Exhibit
EX-99.1 2 a19-5988_1ex99d1.htm EX-99.1 Exhibit 99.1 Fluor Corporation Brian Mershon/Brett Turner 6700 Las Colinas Blvd Media Relations Irving,…
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About FLUOR CORPORATION (NYSE:FLR)
Fluor Corporation (Fluor) is a holding company. The Company is a professional services company. The Company provides engineering, procurement, construction, fabrication and modularization, commissioning and maintenance, as well as project management services. It operates in five segments: Oil & Gas, Industrial & Infrastructure, Government, Global Services and Power. Through its Oil & Gas segment, Fluor serves the oil and gas production, processing, and chemical and petrochemical industries. The Industrial & Infrastructure segment provides design, engineering, procurement, construction, operations and maintenance, and project management services. The Government segment is a provider of engineering, construction, logistics, and environmental and nuclear services, among others. The Global Services segment provides a range of solutions to support projects across Fluor groups. In the Power segment, it provides a range of services to the gas-fueled and solid-fueled markets, among others.