Fluor (FLR) executive compensation, 2026 proxy

James R. Breuer, Chief Executive Officer, was paid $6.9M in 2025, up 161% from $2.6M the year before. The CEO-to-median-employee pay ratio was 97:1, on median employee pay of $84,329.

Filed
March 12, 2026
Annual meeting
May 6, 2026
Pay year
2025
Named executives
7
CEO total pay
$6.9M+161% vs prior year
CEO to median employee
97:1median $84,329
CEO pay in equity
49%$3.3M in awards
CEO Stock Ownership Guideline
6xBase salary requirement
2025 Share Repurchases
$754MRepurchased 18 million shares
2025 Revenue
$15.5B
2025 New Awards
$12.0B87% reimbursable
Backlog Reimbursable
81%At December 31, 2025

How Breuer was paid

$6.9M in total for 2025, as reported in the Summary Compensation Table. Equity awards are valued at grant, not at what they turned out to be worth.

Salary16%Stock awards40%Option awards9%Non-equity incentive19%All other compensation16%

Named executive officers

ExecutiveTotal
James R. BreuerChief Executive Officer$6,873,013
John C. ReganChief Financial Officer$2,678,131
Alvin C. CollinsBusiness Group President, Mission Solutions$2,251,123
David E. ConstableExecutive Chairman$10,525,488
Mark E. FieldsGroup President, Strategic Projects$2,996,710
Kevin B. HammondsChief Legal Officer and Corporate Secretary$2,089,207
Joseph L. BrennanFormer Chief Financial Officer$1,585,453

What changed and why

  • James R. Breuer was appointed Chief Executive Officer effective May 1, 2025.
  • 93%Average annual incentives for named executive officers were paid out at 93% of target.
  • 113%Long-term performance awards with a period ending in 2025 were earned at 113% of target.
  • $754MThe company expended $754 million in 2025 to repurchase 18 million shares.
  • $12.0BNew awards totaled $12.0 billion in 2025, with 87% being reimbursable.

About this page

Figures are automated and can be wrong; check the filing for the exact numbers. Totals follow SEC rules, which value stock and option awards at grant. Read the DEF 14A proxy statement for footnotes and the compensation committee's full reasoning.