Fluor CEO Sees Sales Doubling in Focus on Construction ‘Basics’
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Fluor Corp., the U.S.’s largest publicly traded engineering and construction company, will double its size in a decade in part by returning to industry “basics,” new Chief Executive Officer David Seaton said.
Sales, profit and order backlog should all reach twice their current levels in the next 10 years, said Seaton, 49, who formally took over yesterday after being designated in 2010 as CEO Alan Boeckmann’s successor. Boeckmann remains chairman.