Fluor Corporation Announces Plans for Reorganization of Business Segments & Sale of Maintenance Division

Fluor Corporation announced an updated organizational and reporting structure that better aligns its business with identified growth markets and company strategy.

Beginning in the first quarter of 2021, Fluor will conduct its operations in three business segments: energy solutions, urban solutions and mission solutions.

Energy solutions, led by Jim Breuer, will be focused on energy transition, chemicals and traditional oil and gas opportunities.

Urban solutions, led by Terry Towle, will pursue opportunities in mining, metals, advanced technologies, manufacturing, life sciences, infrastructure, and will include Fluor’s professional staffing (TRS) unit.

Mission solutions, led by Tom D’Agostino, will be primarily focused on delivering solutions to federal agencies across the United States government and to select international opportunities.

Additionally, Fluor has also established two newly-consolidated functional organizations: project execution, led by Mark Fields, and corporate development and sustainability, led by Al Collins.

More information on the entire senior management team can be found in the corporate officers section of Fluor’s website.

As a result of the firm’s strategic review, Fluor also announced the leadership team had made the decision that maintenance services no longer fits within its core service portfolio. Therefore, the company is initiating plans to sell Stork, its maintenance division.