Item 5.02. Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.
As previously reported, Mr.Alan L. Boeckmann retired as Executive Chairman of the Board of Directors (the "Board") ofFluor Corporation (the "Corporation") effective as of the date of the annual meeting of stockholders (the "Annual Meeting") that was held onMay 5, 2022 . OnMay 5, 2022 , in recognition ofMr. Boeckmann's vital contributions to the Corporation during his recent tenure as Executive Chairman, the Board determined that (1)Mr. Boeckmann had fulfilled the objectives requested by the Board when he rejoined the Corporation in 2019, (2) he would not be required to serve out the remaining six months of the three-year retention period set forth in his retention agreement datedNovember 26, 2019 , and (3) he would receive the full amount of$1,750,000 set forth in the retention agreement upon his retirement. In making its decision, the Board took into accountMr. Boeckmann's significant contributions, including his active support of the merger ofNuScale Power LLC ("NuScale") with Spring Valley Acquisition Corp. completed inMay 2022 and the investment byJapan Bank for International Cooperation into NuScale inApril 2022 , leading the Board in the recruitment of four new directors and the appointment of the Corporation's current Chief Executive Officer and management team, supporting the development of the Corporation's new corporate strategy and overseeing a number of other strategic and operational initiatives. The Board also considered thatMr. Boeckmann's decision to not stand for reelection and his retirement as of the Annual Meeting date was at the most appropriate time to ensure a smooth transition to the Board's new Chairman.
Item 5.07. Submission of Matters to a Vote of Security Holders.
OnMay 5, 2022 , at the Annual Meeting, the Corporation's stockholders (i) electedAlan M. Bennett ,Rosemary T. Berkery ,David E. Constable ,H. Paulett Eberhart ,James T. Hackett ,Thomas C. Leppert ,Teri P. McClure ,Armando J. Olivera andMatthew K. Rose to the Board to serve until the 2023 annual meeting of stockholders and until their successors are duly elected and qualified; (ii) approved, on an advisory basis, the compensation of the Corporation's named executive officers, as described in the 2022 Proxy Statement, as filed with theSecurities and Exchange Commission onMarch 17, 2022 (the "2022 Proxy Statement"); and (iii) ratified the appointment ofErnst & Young LLP as independent registered public accounting firm for the year endingDecember 31, 2022 .
The final voting results for the nine director nominees described in the 2022 Proxy Statement were as follows:
Director Nominee For Against Abstain Broker Non-Votes Alan M. Bennett 88,777,546 11,485,014 253,063 17,940,184 Rosemary T. Berkery 97,312,938 2,926,494 276,191 17,940,184 David E. Constable 98,819,394 1,428,682 267,547 17,940,184 H. Paulett Eberhart 90,618,846 9,544,041 352.736 17,940,184 James T. Hackett 89,722,199 10,490,149 303,275 17,940,184 Thomas C. Leppert 98,999,818 1,237,004 278,801 17,940,184 Teri P. McClure 98,851,348 1,318,354 345,921 17,940,184 Armando J. Olivera 98,908,675 1,321,524 285,424 17,940,184 Matthew K. Rose 90,056,363 10,172,137 287,123 17,940,184
The final voting results for proposals 2 and 3 described in the 2022 Proxy Statement were as follows:
Proposal For Against Abstain Broker Non-Votes Advisory vote to approve Fluor's named executive officer 84,223,132 15,671,402 621,089 17,940,184
compensation
Ratification of the appointment of 108,418,697 9,208,762 828,348 -Ernst & Young LLP 2
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