Fluor names new CFO

Fluor Corp. (NYSE: FLR) said Senior Vice President and Chief Financial Officer (CFO) D. Michael Steuert will retire at the end of May. Steuert will remain with Fluor through the end of the year in a consulting role.

The company also announced the appointment of Biggs Porter to the position of Senior Vice President and company CFO. Porter will join Fluor on April 9, 2012, and will become CFO on May 4, 2012.

Porter will be based in Fluor's global headquarters in Irving, Texas, and will report to Fluor’s chairman and CEO David Seaton. As CFO, Porter will lead Fluor’s finance, audit, investor relations, compliance and ethics, and mergers and acquisitions functions.

Prior to joining Fluor, Porter served as CFO of Tenet Healthcare Corp. where he oversaw the company’s finance, accounting, investor relations and related functions.

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