Fluor Announces Appointment of James F. (Frank) Caldwell Jr. to Its Board of Directors

IRVING, Texas--(BUSINESS WIRE)--Fluor Corporation (NYSE: FLR) announced today that James F. (Frank) Caldwell Jr., retired U.S. Navy Admiral, has been elected to its Board of Directors effective August 4, 2026. Caldwell’s appointment brings the total number of Fluor Board members to 11, of whom 10 are independent. He will serve on the Board's Audit and Governance Committees.

"Frank Caldwell's unparalleled experience leading the Naval Nuclear Propulsion Program and managing one of the nation's most technically sophisticated enterprises brings valuable insight to Fluor," said James T. Hackett, Chairman of the Fluor Board. "His expertise in nuclear operations and safety, strategic planning, governance, risk management and government affairs, combined with decades of leadership in complex mission-critical environments, will support Fluor's continued growth across nuclear energy, government and defense markets."

Caldwell retired from the U.S. Navy in January 2024 following a distinguished 43-year career. He served as Director of the Naval Nuclear Propulsion Program (NNPP) from 2015 to 2024, overseeing the safe, reliable operation of the Navy's nuclear-powered submarine and aircraft carrier fleet and the organizations supporting those programs. During his leadership, the program achieved more than 15 million miles steamed on nuclear power and more than 800 reactor-years of safe operations, while training and qualifying thousands of officers and sailors.

Prior to leading the NNPP, Caldwell served as Naval Inspector General from 2013 to 2015. Throughout his naval career he held numerous command assignments, including USS Jacksonville (SSN 699), Submarine Development Squadron 12, Submarine Group 9 and the entire U.S. Pacific Fleet Submarine Force from 2010 to 2013. He also served on the Joint Staff as Deputy Director for Politico-Military Affairs and as Deputy Commander of U.S. Strategic Command's Joint Functional Component Command for Global Strike.

Caldwell played a significant role in strengthening international naval nuclear propulsion cooperation, including advancing collaboration with the United Kingdom and helping establish the framework supporting Australia's acquisition of conventionally armed, nuclear-powered submarines under the AUKUS partnership.

Caldwell is currently President, Chief Operating Officer and Vice Chairman of the Board of Orion Nuclear Energy Corporation in Alexandria, Virginia. He serves on the boards of Entergy Corporation and Severn Leadership Group and is a Strategic Advisory Panel Member of Uranium Energy Corporation and Rhoads Industries. His military awards include the Navy Distinguished Service Medal, Defense Superior Service Medal and Legion of Merit, among numerous other honors. From 2022 until his retirement, he served as the Navy's "Old Goat," the longest-serving U.S. Naval Academy graduate on active duty.

About Fluor Corporation

Fluor Corporation (NYSE: FLR) is building a better world by applying world-class expertise to solve its clients’ greatest challenges. Fluor’s nearly 23,500 employees provide professional and technical solutions that deliver safe, well-executed, capital-efficient projects to clients around the world. Fluor had revenue of $15.5 billion in 2025 and is ranked 292 among the Fortune 500 companies. With headquarters in Irving, Texas, Fluor has provided engineering, procurement, construction and maintenance services for more than a century. For more information, please visit www.fluor.com or follow Fluor on Facebook, Instagram, LinkedIn, X and YouTube.

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