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TheStreet Open House

Fluor's Jim Scotti Named To National Academy Of Construction

Stock quotes in this article: FLR

Fluor Corporation (NYSE: FLR) announced today that James A. Scotti, senior vice president and chief procurement officer for the company, was recently named a new member of the National Academy of Construction at the organization’s annual meeting. The members of the academy are drawn from a select roster of industry professionals who have demonstrated significant and long-term contributions to the construction industry. Scotti’s selection recognized his leadership in advancing the procurement profession within the construction industry and in developing strategic partnerships with suppliers around the world. He is also the first procurement executive in the industry to be inducted.

Fluor's Jim Scotti named to National Academy of Construction

Fluor's Jim Scotti named to National Academy of Construction

“The National Academy of Construction’s choice of Jim Scotti underscores the important role he has played in solidifying Fluor’s leadership position in the engineering, procurement, construction and maintenance industry,” said David Seaton, Fluor’s chairman and chief executive officer. “The recognition of Fluor’s chief procurement officer to this prestigious organization also highlights the importance we place on procurement and the ever evolving supply chain when delivering projects for our clients across the globe. Jim’s global leadership in providing value-added partnering relationships between contractors, owners and suppliers with an emphasis on strategic, mutually beneficial procurement processes helps set Fluor apart in the construction industry.”

Scotti has responsibility for Fluor’s more than $10 billion in annual global spend through 2,000-plus employees in procurement, contract management, material management, sourcing, supplier quality, travel services, logistics and export control for all Fluor business groups.

He also has oversight of Fluor’s new supply chain entity dedicated to selling quality, cost-effective, stand-alone procurement services to clients. This includes sourcing services centered on Fluor’s strategic supply relationships in China and other emerging markets.

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