Fluor Directors Reap While They Meet

Fluor Corp., the Irvine engineering and construction giant, not only pays its top executives big bucks (three of them rank in the county’s top five in 1991), it treats its outside directors pretty well, too.

The company’s 10 non-employee directors get $30,000 a year for being on the board ($34,000 for being chairman of one of the board’s committees).

And then they get $2,000 for each day they attend a meeting.

Last year, a Fluor spokesman said, the average outside director attended 22 days of meetings.

That boosted average total annual compensation to $74,000.

“We are a Fortune 100 company,” said spokesman Rick Maslin, “so while we pay our directors more than a lot of smaller (local) companies, there are a lot of companies that pay more. And our directors are icons” such as David Gardner, president of the University of California; William Grant, former chairman of the board of New York Life International Investments; and Bobby R. Inman, the retired admiral, former CIA deputy director and high-tech wizard.