Fluor CEO Stresses Firm’s Growth Plan
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IRVINE — Fluor Corp. Chairman and Chief Executive Les McCraw stressed the theme of growth to shareholders at the company’s annual meeting Tuesday at the Hyatt Regency Irvine, saying that consistent, long-term growth is a “brass ring” that few companies ever grasp firmly.
McCraw attributed Fluor’s growth thus far, including a 15% earnings increase to $192 million for the year, to a diversification strategy mapped out several years ago. Separately, Fluor’s board declared a quarterly cash dividend of 15 cents per share on its common stock, payable April 18 to holders of record at the close of business March 28.
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