8-K
filed September 27, 2022, 7:59 PM ET
ticker TPC
CIK 0000077543
leadership
confidence high
sentiment neutral
materiality 0.55
Tutor Perini CEO Ronald Tutor adds President role as Jack Frost retires
TUTOR PERINI CORP
- Jack Frost to retire June 30, 2023; steps down as President & COO on Sept 30, 2022.
- CEO Ronald N. Tutor assumes additional role of President effective Sept 30, 2022.
- Michael F. Smithson and Ghassan Ariqat appointed Executive Vice Presidents.
- Frost to receive $1M annual base salary through June 2023, then $62.5k/month consulting fee.
- Frost granted 100,000 cash-settled performance units and deferred cash award tied to stock.
Key facts
Extracted from this filing and checked against the source text.
Executive change
SEC 8-K Item 5.02
confidence 0.95
Ghassan Ariqat was appointed as Executive Vice President, Building & Specialty Contractors Groups at TUTOR PERINI CORP.
- Action
- appointed
- Role
- Executive Vice President, Building & Specialty Contractors Groups
Exact text from the filing
Ghassan Ariqat will be appointed Executive Vice President, Building & Specialty Contractors Groups
View on SEC.gov
Executive change
SEC 8-K Item 5.02
confidence 0.95
Ronald N. Tutor was appointed as President at TUTOR PERINI CORP.
- Action
- assume
- Role
- President
Exact text from the filing
Ronald N. Tutor, the Company’s Chairman and Chief Executive Officer, will assume the role of President, in addition to his current roles.
View on SEC.gov
Executive change
SEC 8-K Item 5.02
confidence 0.95
James (Jack) A. Frost changed role as Executive Vice President, Special Projects at TUTOR PERINI CORP.
- Action
- transition
- Role
- Executive Vice President, Special Projects
Exact text from the filing
Mr. Frost will transition to a new role as Executive Vice President, Special Projects on September 30, 2022 until his retirement
View on SEC.gov
Executive change
SEC 8-K Item 5.02
confidence 0.95
Michael F. Smithson was appointed as Executive Vice President, Civil Group at TUTOR PERINI CORP.
- Action
- appointed
- Role
- Executive Vice President, Civil Group
Exact text from the filing
Michael F. Smithson will be appointed as Executive Vice President, Civil Group
View on SEC.gov
Executive change
SEC 8-K Item 5.02
confidence 0.95
James (Jack) A. Frost departed as President and Chief Operating Officer at TUTOR PERINI CORP.
- Action
- will retire
- Role
- President and Chief Operating Officer
Exact text from the filing
James (Jack) A. Frost, the Company’s President and Chief Operating Officer and Chief Executive Officer of the Company’s Civil Group, will retire from the Company on June 30, 2023.
View on SEC.gov
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