Fluor Corporation has appointed David Seaton as the new Chairman of its board of directors. Seaton was named chief executive officer (CEO) and company director in February 2011. Going forward, Seaton will hold both the chairman and CEO positions. Alan L. Boeckmann will retire from Fluor’s board after serving last year as the non-executive board chairman and the previous nine years as Fluor’s chairman and CEO. The leadership change was voted on and approved during the company’s February board meeting. All changes are effective 2 February 2012. Seaton had this to say regarding the appointment: “I have worked closely with Alan as well as the other board members over the last several years and I am appreciative of their confidence in my stewardship. I look forward to leading our global workforce in my expanded role as we strive together to grow our end markets and strengthen Fluor’s global presence.”
The company’s lead independent director, Peter Fluor said: “Alan’s contributions to Fluor’s board over the last decade are innumerable. He helped the company achieve unprecedented levels of success across all business metrics during both stable and unstable economic conditions.”
“I am honored to have worked with so many wonderful and gifted people at Fluor over the course of my long career” said Alan Boeckmann. “I hope when people remember my time at the company they can say without reservation that I always had a passion to build and make Fluor a leader in our sector. David Seaton is the right person to lead Fluor and I know the board is fully supportive of where David wants to take the company. The future of Fluor is very bright under David’s leadership.”
Seaton is a board member of The Mosaic Company and the Partnering Against Corruption Initiative within the World Economic Forum. He is also a board member of the American Petroleum Institute and the U.S.-Saudi Arabian Business Council. He holds a bachelor’s degree from the University of South Carolina.