Bruce Stanski, the Fluor finance chief who stepped down in June as the company prepared to shed its government services business, is still consulting with the foundering construction giant as it seeks to right the ship, according to a regulatory filing.
Stanski left the company in June but late last week signed an agreement to provide “non-executive services” and assistance with litigation involving the company, if the need arises, through Feb. 28, according to an 8-K filing dated Oct. 24.
However, Stanski could break off the arrangement early, if he finds a job elsewhere, according to the filing with the U.S. Securities and Exchange Commission.
Michael Steuert is Fluor’s current chief financial officer. It is his second stint as the company’s CFO. He last served for about a decade from 2001 through mid-2012. He stepped back into his old role in May, just before Stanski exited as finance chief.
The personnel notice was filed one week prior to Fluor’s latest quarterly earnings statement, in which the company reported a net loss from continuing operations of $782 million, or $5.57 per diluted share.
Fluor is selling off its government services unit, which includes several Energy Department contracts in an effort to raise money and put the Dallas area company on more stable financial footing.
