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David T. Seaton was the CEO of Fluor Corporation from 2011 until his departure in 2019. He has a background in engineering and held significant roles within the company, including Group President of Energy and Chemicals before taking the top...

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David T. Seaton

Ex-CEO of Fluor

Field of Expertise

Technology & Engineering - Engineering

Sector of Economy

Industrials

Born

January 1, 1962 - 63 years ago

CEO of Fluor for

8 years 2 months (Feb 2011 - May 2019)

Previous Experience

Chief Operating Officer of the Company since November 2009; Senior Group President, Energy & Chemicals, Power and Government from March 2009 to November 2009; Group President, Energy & Chemicals from March 2007 to March 2009; Senior Vice President, Sales for Energy & Chemicals from September 2005 to March 2007.

Holdings

See how much did David T. Seaton make over time.

David T. Seaton's insider trading history indicates he had extensive holdings in Fluor Corporation, showing significant fluctuations over time. His net worth in company stock peaked at approximately $18.68 million by the end of 2024, showcasing his vested interest in...

Mar 18, 2025

Total Stock Sold

$28.52M

FLR

$28.52M

414,060 FLR shares

What if they kept their stock?

If David T. Seaton didn't sell their stock, today they would have:
Extra FLR414,060 shares worth $3.01M.
This is -89.43% and $25.51M less than what they got when they sold the stock.

Charitable Transactions

FLR

39,731 shares

FLR

Recent Charitable Transactions

FLR

4,650 shares

FLR

Feb 26, 2019

Charity

FLR

7,480 shares

FLR

Mar 8, 2017

Charity

FLR

5,139 shares

FLR

Mar 3, 2016

Charity

FLR

8,602 shares

FLR

Mar 5, 2015

Charity

FLR

10,001 shares

FLR

Mar 14, 2014

Charity

FLR

3,859 shares

FLR

Mar 15, 2013

Charity

Insider Trading

See recent insider trades of David T. Seaton.

FLR

4,650 shares

FLR

Feb 26, 2019

Charity

FLR

121,410 shares

FLR

Feb 26, 2019

Received

FLR

1,388 shares

FLR

Feb 19, 2019

Received

FLR

23,625 shares

FLR

Feb 19, 2019

Received

FLR

$250.26K

FLR at $48.52/share

Nov 6, 2018

Purchase

FLR

$2.84M

FLR at $56.72/share

Mar 1, 2018

Sale

FLR

75,669 shares

FLR

Feb 23, 2018

Received

FLR

$1.90M

FLR at $47.57/share

Nov 21, 2017

Sale

FLR

7,480 shares

FLR

Mar 8, 2017

Charity

FLR

44,391 shares

FLR

Feb 23, 2017

Received

Compensation History

See how much did David T. Seaton make over time.

David T. Seaton earned a total compensation of around $11.8 million in 2019, which included a salary of roughly $975,000 but no bonuses due to performance issues. His compensation varied significantly over the years, reflecting the company’s performance. For example, in 2018, he earned over $12.6 million, while in 2016, it was about $8.7 million. Besides salary, his pay included substantial amounts from vested stock units. However, his final years saw a reduction in bonuses, highlighting the close link between executive pay and company results. Following his departure, he secured a lump sum payment as part of his retirement agreement, further indicating how executive compensation can be tied directly to past performance and contractual agreements.

Year

2019

Total Compensation

$11.83M

Salary

$974.87K

Board Justification

The compensation program is designed to align the interests of named executives with those of our stockholders, motivate excellent performance and link pay with Company performance.

Bonus

$0.00

Board Justification

Mr. Seaton forfeited his 2019 annual incentive in connection with his termination of employment effective September 13, 2019.

Other

$2.49M

Board Justification

This includes a lump sum payment of $1,334,000, which is equal to one year of Mr. Seaton's base salary, and the value of other benefits received upon termination.

Restricted Stock

$8.36M(8.36M RSU)

Board Justification

The value of the vested stock in 2019, which includes the stock that vested during the year, excluding any stock grants that were not vested.

Performance Metrics

The performance metrics for the 2019 annual incentive awards included corporate net earnings, cash flow from operations, and safety measures.

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