secwatch / observer

TUTOR PERINI CORP — fact timeline

Source-grounded facts extracted from TUTOR PERINI CORP's SEC 8-K filings across all families, newest first. Each cites a verbatim SEC excerpt.

TPC TUTOR PERINI CORP JSON
Shareholder Votes

TUTOR PERINI CORP shareholders approved Approval of the Compensation of the Company’s Named Executive Officers on an Advisory (Non-binding) Basis.

“The Company’s shareholders cast their votes with respect to the approval of the compensation of the Company's named executive officers on an advisory (non-binding) basis. The final voting results on this proposal were as follows: Votes For Votes Against Abstentions Broker Non-Votes 38,631,812 952,357 283,064 5,960,026”
Shareholder Votes

TUTOR PERINI CORP shareholders approved Ratification of Appointment of Independent Auditor at the 2026-12-31 meeting.

“The Company's shareholders ratified the appointment of Deloitte & Touche LLP, an independent registered public accounting firm, as independent auditors of the Company for the year ending December 31, 2026. The final voting results on this proposal were as follows: Votes For Votes Against Abstentions Broker Non-Votes 44,877,918 937,200 12,141 0”
Shareholder Votes

TUTOR PERINI CORP shareholders approved Election of Directors.

“The Company's shareholders elected each of the following 10 nominees for director to serve until the Company's 2027 Annual Meeting of Shareholders and until their respective successors are duly elected and qualified. The final voting results for the election of directors were as follows: Elected Directors Votes For Votes Against Abstentions Broker Non-Votes Ronald N. Tutor 38,926,119 917,257 23,857 5,960,026 Gary G. Smalley 39,410,176 436,392 20,665 5,960,026 Peter Arkley 38,956,354 891,377 19,502 5,960,026 Jigisha Desai 36,091,008 3,755,431 20,794 5,960,026 Sidney J. Feltenstein 39,169,454 675,126 22,653 5,960,026 Robert C. Lieber 39,067,451 775,638 24,144 5,960,026 Dennis D. Oklak 39,483,643 359,446 24,144 5,960,026 Raymond R. Oneglia 38,220,426 1,622,382 24,425 5,960,026 Dale Anne Reiss 38,815,159 1,028,579 23,495 5,960,026 Shahrokh (“Rock”) Shah 39,522,340 318,864 26,029 5,960,026”
Earnings Releases

TUTOR PERINI CORP reported financial results for the quarter ended March 31, 2026.

“On May 6, 2026 Tutor Perini Corporation issued a press release announcing its financial results for the quarter ended March 31, 2026. A copy of that press release is attached hereto as Exhibit 99.1 and is incorporated herein by reference.”

Ronald N. Tutor changed role as Executive Chairman at TUTOR PERINI CORP.

“Mr. Smalley succeeds Ronald N. Tutor, who transitioned to the role of Executive Chairman of the Board effective January 1, 2025.”

Gary G. Smalley was appointed as Director at TUTOR PERINI CORP.

“In connection with Mr. Smalley’s appointment as CEO, the Board increased the size of the Board from nine to ten members and appointed Mr. Smalley to the Board, effective January 1, 2025.”

Gary G. Smalley was appointed as Chief Executive Officer at TUTOR PERINI CORP.

“On January 2, 2025, Tutor Perini Corporation (the “Company”) announced that its Board of Directors (the “Board”) has appointed Gary G. Smalley, the Company’s current President, to the position of Chief Executive Officer (“CEO”), effective January 1, 2025.”

Michael F. Smithson departed as Executive Vice President, Civil Group at TUTOR PERINI CORP.

“Tutor Perini Corporation (the “Company”) and Michael F. Smithson, the Company’s former Executive Vice President, Civil Group, have entered into a Separation Agreement, dated July 25, 2024 (the “Separation Agreement”) in connection with Mr. Smithson’s previously disclosed departure from the Company on June 21, 2024.”

Michael F. Smithson departed as Executive Vice President, Civil Group at TUTOR PERINI CORP.

“Michael F. Smithson, Executive Vice President, Civil Group, left the Company effective June 21, 2024.”
Earnings Releases

TUTOR PERINI CORP updated its the quarter ended March 31, 2024 guidance (reaffirmed).

“On April 25, 2024 Tutor Perini Corporation issued a press release announcing its financial results for the quarter ended March 31, 2024. A copy of that press release is attached hereto as Exhibit 99.1 and is incorporated herein by reference.”
Debt Financings

TUTOR PERINI CORP incurred senior notes of $400.0 million at 11.875% maturing mature on April 30, 2029.

“On April 22, 2024 (the “Closing Date”), Tutor Perini Corporation (the “Company”) completed the previously announced sale of $400.0 million in aggregate principal amount of 11.875% Senior Notes due 2029 (the “Notes”) at an issue price of 97.710% (the “Notes Offering”).”
Material Agreements

TUTOR PERINI CORP entered into Indenture with Wilmington Trust, National Association valued at $400.0 million (effective 2024-04-22).

“On April 22, 2024 (the “Closing Date”), Tutor Perini Corporation (the “Company”) completed the previously announced sale of $400.0 million in aggregate principal amount of 11.875% Senior Notes due 2029 (the “Notes”) at an issue price of 97.710% (the “Notes Offering”).”
Earnings Releases

TUTOR PERINI CORP reported the fiscal quarter ended, and as of, March 31, 2024 results: revenue Revenue in the range of approximately $1.025 billion to $1.075 billion, net income Net income attributable to Tutor Perini Corporation in the range of approximately $14 million to $17 million, EPS Diluted EPS in the range of approximately $0.27 per share to $0.32 per share.

“The Company has not yet completed preparation of financial statements for the fiscal quarter ended March 31, 2024, but based on preliminary data available to it, it is providing the following preliminary estimates: • Revenue in the range of approximately $1.025 billion to $1.075 billion; • Net income attributable to Tutor Perini Corporation in the range of approximately $14 million to $17 million; • Diluted EPS in the range of approximately $0.27 per share to $0.32 per share;”

Henry Dieu was appointed as Principal Accounting Officer at TUTOR PERINI CORP.

“Effective March 13, 2024, the Company appointed Henry Dieu, the Company’s Vice President and Chief Accounting Officer, as the Company’s Principal Accounting Officer.”

Michael R. Klein retired as Lead Independent Director at TUTOR PERINI CORP.

“On March 13, 2024, Michael R. Klein, the Lead Independent Director and a long-standing member of the Board of Directors (the “Board”) of Tutor Perini Corporation (the “Company”), informed the Company of his decision to retire from the Board at the end of his term”
Earnings Releases

TUTOR PERINI CORP reported 2024 results: EPS $0.85 to $1.10. Guidance initiated.

“The Company is establishing its initial EPS guidance for 2024 at a range of $0.85 to $1.10.”
Earnings Releases

TUTOR PERINI CORP reported year ended December 31, 2023 results: revenue $3.9 billion, net income -$171.2 million, EPS -$3.30.

“Revenue for 2023 was $3.9 billion, up slightly compared to 2022, primarily due to a lower amount of net unfavorable impacts from settlements, litigation results and other project charges in 2023 as compared to 2022.”

Ryan J. Soroka was appointed as Senior Vice President and Chief Financial Officer at TUTOR PERINI CORP.

“the appointment of Ryan J. Soroka to the positions of Senior Vice President and Chief Financial Officer (in addition to his current role as Chief Accounting Officer), effective November 15, 2023.”

Ronald N. Tutor changed role as Executive Chairman at TUTOR PERINI CORP.

“with Mr. Tutor transitioning to the role of Executive Chairman of the Company’s Board at that time”

Gary G. Smalley changed role as Chief Executive Officer at TUTOR PERINI CORP.

“The Company plans for Mr. Smalley to succeed Ronald N. Tutor as Chief Executive Officer of the Company effective January 1, 2025, with Mr. Tutor transitioning to the role of Executive Chairman of the Company’s Board at that time”

Gary G. Smalley was appointed as President at TUTOR PERINI CORP.

“the Board has appointed Gary G. Smalley to the position of President, effective November 15, 2023.”
Earnings Releases

TUTOR PERINI CORP reported the third quarter of 2023 results: revenue $1.1 billion, net income Net loss attributable to the Company for the third quarter of 2023 was $36.9 million, or a $0.71 diluted loss per common, EPS $0.71 diluted loss per common share.

“Revenue was $1.1 billion, level compared to the same quarter last year.”
Earnings Releases

TUTOR PERINI CORP reported the quarter ended June 30, 2023 results: revenue $1.02 billion, net income $37.5 million, EPS $0.72 diluted loss per common share.

“amended, regardless of any general incorporation language in such filing. --- EX-99.1 (EX-99.1) --- News Release Tutor Perini Reports Second Quarter 2023 Results • Revenue of $1.02 billion in Q2 2023, up 19% compared to $861.0 million in Q2 2022 • Solid operating cash flow of $56.3 million in Q2 2023 compared to $58.0 million in Q2 2022; year-to-date operating cash”

Wendy A. Hallgren changed role as Executive Vice President & General Counsel at TUTOR PERINI CORP.

“Tutor Perini Corporation (the “Company”) announced that effective June 30, 2023, Wendy A. Hallgren will transition out of her role as the Company’s Executive Vice President & General Counsel and an employee pursuant to a Transition Services and Separation Agreement, dated as of June 30, 2023 (the “Transition Agreement”).”
Shareholder Votes

TUTOR PERINI CORP shareholders approved Advisory Vote on the Frequency of Future Advisory Votes on Executive Compensation at the 2023-05-17 meeting.

“Proposal 4: Advisory Vote on the Frequency of Future Advisory Votes on Executive Compensation The Company’s shareholders cast their votes with respect to the advisory vote on the frequency of future advisory votes on executive compensation as set forth below: One Year Two Years Three Years Abstentions Broker Non-Votes 35,771,659 43,786 3,120,044 145,681 7,209,749”
Shareholder Votes

TUTOR PERINI CORP shareholders rejected Approval on an Advisory (Non-binding) Basis of the Compensation Paid to the Company’s Named Executive Officers at the 2023-05-17 meeting.

“Proposal 3: Approval on an Advisory (Non-binding) Basis of the Compensation Paid to the Company’s Named Executive Officers The Company’s shareholders cast their votes with respect to the approval on an advisory (non-binding) basis of the compensation paid to the Company's named executive officers as set forth below:”
Shareholder Votes

TUTOR PERINI CORP shareholders approved Ratification of Appointment of Auditors at the 2023-05-17 meeting.

“Proposal 2: Ratification of Appointment of Auditors The Company's shareholders ratified the selection of Deloitte & Touche LLP, independent registered public accountants, as auditors of the Company for the year ending December 31, 2023.”
Shareholder Votes

TUTOR PERINI CORP shareholders approved Election of Directors at the 2023-05-17 meeting.

“Proposal 1: Election of Directors The Company's shareholders elected each of the following 10 nominees for director to serve a one-year term expiring at the Company's 2024 Annual Meeting of Shareholders.”
Earnings Releases

TUTOR PERINI CORP reported the quarter ended March 31, 2023 results: revenue $776.3 million, net income net loss attributable to the Company of $49.2 million, EPS a $0.95 loss per diluted share.

“Perini Corporation (the “Company”) (NYSE: TPC), a leading civil, building and specialty construction company, reported results today for the first quarter of 2023. Revenue was $776.3 million compared to $952.2 million for the first quarter of last year. The decrease was largely due to reduced project execution activities on a transportation project in the Northeast”
Earnings Releases

TUTOR PERINI CORP reported the quarter and year ended December 31, 2022 results: revenue $3.8 billion, net income $210.0 million, or a $4.09 diluted loss per share, EPS $4.09 diluted loss per share.

“quarter and year ended December 31, 2022. The fourth quarter and year ended December 31, 2022 results are included in the tables attached to this release. Revenue for 2022 was $3.8 billion, down 18% compared to 2021. The lower revenue in 2022 was largely attributable to a lack of major new awards over the last three years, which prevented the Company from replacing”
Governance Changes

TUTOR PERINI CORP: Amended and restated bylaws enhancing procedural and disclosure requirements for director nominations and stockholder proposals, including alignment with Rule 14a-19 (effective 2023-03-08).

“The Board of Directors (the “Board”) of Tutor Perini Corporation (the “Company”) periodically reviews the Board’s and Company’s governance documents, including the Company’s bylaws. On March 8, 2023, the Company adopted and approved amended and restated bylaws (the “Amended and Restated By-Laws”), effective immediately.”
Earnings Releases

TUTOR PERINI CORP reported quarter ended September 30, 2022 results: revenue $1.1 billion, net income $32.5 million, or a $0.63 loss per diluted share, EPS $0.63 loss per diluted share.

“Perini Corporation (the “Company”) (NYSE: TPC), a leading civil, building and specialty construction company, reported results today for the third quarter of 2022. Revenue was $1.1 billion compared to $1.2 billion for the third quarter of last year. The decrease was primarily due to reduced project execution activities on various projects in all three segments.”

Ghassan Ariqat was appointed as Executive Vice President, Building & Specialty Contractors Groups at TUTOR PERINI CORP.

“Ghassan Ariqat will be appointed Executive Vice President, Building & Specialty Contractors Groups”

Michael F. Smithson was appointed as Executive Vice President, Civil Group at TUTOR PERINI CORP.

“Michael F. Smithson will be appointed as Executive Vice President, Civil Group”

Ronald N. Tutor was appointed as President at TUTOR PERINI CORP.

“Ronald N. Tutor, the Company’s Chairman and Chief Executive Officer, will assume the role of President, in addition to his current roles.”

James (Jack) A. Frost departed as President and Chief Operating Officer at TUTOR PERINI CORP.

“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.”

James (Jack) A. Frost changed role as Executive Vice President, Special Projects at TUTOR PERINI CORP.

“Mr. Frost will transition to a new role as Executive Vice President, Special Projects on September 30, 2022 until his retirement”

Jigisha Desai was elected as Director at TUTOR PERINI CORP.

“On December 16, 2021, at the recommendation of the Corporate Governance and Nominating Committee, the Board elected Jigisha Desai as an independent director of the Company, effective immediately, to fill the vacancy created by Mr. Frost’s resignation, with a term expiring at the 2022 Annual Meeting of Shareholders.”

James A. Frost resigned as Director at TUTOR PERINI CORP.

“On December 16, 2021, James A. Frost, a member of the Board of Directors (the “Board”) of Tutor Perini Corporation (the “Company”), notified the Company that he was resigning from the Board effective immediately.”

Ronald N. Tutor changed role as Executive Chairman at TUTOR PERINI CORP.

“Mr. Tutor will serve as CEO of the Company through December 31, 2024 (the "CEO Period"), and as Executive Chairman of the Board from January 1, 2025 through December 31, 2026”

Facts are extracted by an LLM and gated to those whose source quote is present verbatim in the filing text. Coverage is best-effort while backfill and monitoring mature; this is not yet a full-market index. See methodology.