Fluor CEO Carlos Hernandez's 2020 pay jumps 72% to $11M
Fluor reports 2020 executive compensation
By ExecPay News
Published: March 19, 2021
Fluor reported fiscal year 2020 executive compensation information on March 19, 2021.
In 2020, seven Fluor executives received on average a compensation package of $4.2M, a 20% decrease compared to previous year.
Average pay of disclosed executives at Fluor
Carlos M. Hernandez, Chief Executive Officer, received $11M in total, which increased by 72% compared to 2019. 33% of Hernandez's compensation, or $3.7M, was in stock awards. Hernandez also received $1.8M in bonus, $1.9M in non-equity incentive plan, $986K in option awards, $1M in salary, as well as $1.9M in other compensation.
For fiscal year 2020, the median employee pay was $67,737 at Fluor. Therefore, the ratio of Carlos M. Hernandez's pay to the median employee pay was 166 to one.
David E. Constable, Chief Executive Officer, received a compensation package of $6.6M. 42% of the compensation package, or $2.7M, was in stock awards.
Alan L. Boeckmann, Chairman, earned $4.2M in 2020, a 15% increase compared to previous year.
Rick Koumouris, Chief Executive Officer, received $2.5M in 2020.
Garry W. Flowers, Executive Vice President, earned $2.4M in 2020, a 34% decrease compared to previous year.
Joseph L. Brennan, Chief Financial Officer, received $1.4M in 2020.
D. Michael Steuert, Chief Financial Officer, earned $941K in 2020, a 76% decrease compared to previous year.
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Source: SEC filing on March 19, 2021.