People: Tutor Perini Corp (TPC)
TPC on New York Consolidated
18.61USD
22 May 2013
18.61USD
22 May 2013
Price Change (% chg)
$-0.18 (-0.96%)
$-0.18 (-0.96%)
Prev Close
$18.79
$18.79
Open
$18.79
$18.79
Day's High
$18.96
$18.96
Day's Low
$18.57
$18.57
Volume
82,746
82,746
Avg. Vol
314,604
314,604
52-wk High
$19.38
$19.38
52-wk Low
$9.21
$9.21
Summary
| Name | Age | Since | Current Position |
|---|---|---|---|
Ronald Tutor |
71 | 2000 | Chairman of the Board, Chief Executive Officer |
Robert Band |
64 | 2009 | President, Chief Executive Officer - Management Services Group, Director |
Michael Klein |
70 | 2008 | Lead Independent Vice Chairman of the Board |
Michael Kershaw |
62 | 2011 | Chief Financial Officer, Executive Vice President |
William Sparks |
63 | 2009 | Executive Vice President, Treasurer, Corporate Secretary |
Kenneth Burk |
52 | 2011 | Executive Vice President, Chief Executive Officer - Specialty Contractors Group |
James Frost |
58 | 2009 | Executive Vice President, Chief Executive Officer - Civil Group |
Marilyn Alexander |
61 | 2008 | Independent Director |
Peter Arkley |
57 | 2000 | Independent Director |
Martin Melone |
2012 | Independent Director | |
Robert Miller |
71 | 2004 | Independent Director |
Raymond Oneglia |
64 | 2000 | Independent Director |
Donald Snyder |
65 | 2008 | Independent Director |
Dickran Tevrizian |
71 | 2011 | Independent Director |
Biographies
| Name | Description |
|---|---|
Ronald Tutor |
Mr. Ronald N. Tutor is Chairman of the Board, Chief Executive Officer of Tutor Perini Corp. He has been Chief Executive Officer since March 2000, as Chairman since July 1999, and as a director since January 1997. Mr. Tutor also served as Chairman, President and Chief Executive Officer of Tutor-Saliba Corporation (“Tutor-Saliba”), a privately held California corporation engaged in the construction industry, until Tutor-Saliba merged with the Company in September 2008. He is a member of the Board of Trustees of the University of Southern California. |
Robert Band |
Mr. Robert Band is President, Chief Executive Officer - Management Services Group, Director of Tutor Perini Corp. He has served as a director since May 1999. He has also served as President since May 1999 and as Chief Operating Officer from March 2000 to March 2009. He has served as Chief Executive Officer of the Management Services Group since March 2009 and president of Perini Management Services, Inc. since 1996. He has served in various operating and financial positions with the Company since 1973, including executive vice president and Chief Financial Officer from 1997-1999. He also serves as a director and president of Jewish Family Services of Metrowest, a not-for-profit entity. With nearly 39 years of experience in the Company, Mr. Band provides tremendous insight into the financial and operational aspects of the Company. |
Michael Klein |
Mr. Michael R. Klein is Lead Independent Vice Chairman of the Board of Tutor Perini Corp. He has served as a director since January 1997 and as Vice Chairman of the Board since September 2000. He is also the designated Lead Director. Mr. Klein, a private investor, serves as Chairman of the Board of Directors of CoStar Group, Inc., a publicly held provider of commercial real estate information; as Chairman and CEO of the Sunlight Foundation, a non-profit organization; and as Chairman of Shakespeare Theatre Company, a non-profit organization. Through 2009 he served as Chairman of the Board of Directors of Le Paradou, LLC, a privately held company, and through 2011 he served as the Lead Director and Chairman of the Governance Committee of SRA International, Inc., a formerly publicly held provider of technology and strategic consulting services and solutions which was sold in June 2011. He is also a director of ASTAR Air Cargo, Inc., a privately held company. From 1974 until his retirement in 2005, Mr. Klein was a partner of the law firm Wilmer Cutler Pickering. Mr. Klein’s 30 plus years as a corporate lawyer, investor and director of multiple corporations, both public and private, qualify and enable him to contribute sound judgment and leadership to the Company in his role as Lead Director. |
Michael Kershaw |
Mr. Michael J. Kershaw is Chief Financial Officer, Executive Vice President of Tutor Perini Corp. since September 2011. Previously he served as Senior Vice President and Chief Accounting Officer of The Shaw Group Inc., a global provider of technology, engineering, procurement, construction services, among others, for government and private sector clients in the energy, chemicals, environmental, infrastructure and emergency response markets. Mr. Kershaw first joined The Shaw Group Inc. in September 2007 as Senior Vice President and Corporate Controller. From 2005 until September, 2007, Mr. Kershaw served as the Vice President of Accounting and Finance of the Energy and Chemicals Division of KBR, Inc., a global engineering, construction and services company supporting the energy, hydrocarbons, government services, minerals, civil infrastructure, power, industrial, and commercial markets. From 2003 until 2005, Mr. Kershaw served as Senior Controller for KBR, Inc. |
William Sparks |
Mr. William Barney Sparks is Executive Vice President, Treasurer and Corporate Secretary of Tutor Perini Corporation. since March 2009. He joined Tutor-Saliba in 1995 as Senior Vice President and Chief Financial Officer. |
Kenneth Burk |
Mr. Kenneth R. Burk is Executive Vice President, Chief Executive Officer - Specialty Contractors Group of Tutor Perini Corp., since September 2011. Previously he served as Executive Vice President and Chief Financial Officer since September 2007. From February 2001 until July 2007, he served as President and Chief Executive Officer of Union Switch and Signal, Inc., a provider of technology services, control systems and specialty rail components for the rail transportation industry. From 1999 until 2000, he served as Executive Vice President and Chief Operating Officer of Railworks Corporation, a provider of services and supplies to the rail transportation industry. From 1994 to 1999, he served as Senior Vice President and Chief Financial Officer of Dick Corporation, a Pittsburgh, Pennsylvania-based engineering and construction firm. |
James Frost |
Mr. James A. Frost is Executive Vice President, Chief Executive Officer- Civil Group of Tutor Perini Corp. since March 2009. Previously he was Executive Vice President and Chief Operating Officer of Tutor-Saliba. He joined Tutor-Saliba in 1988. |
Marilyn Alexander |
Ms. Marilyn A. Alexander is Independent Director of Tutor Perini Corp. since 2008. She has been an independent consultant since 2003, serving as principal of Alexander & Friedman LLC, a management consulting company since 2006. She previously served as Senior Vice President and Chief Financial Officer of The Disneyland Resort from 2000 to 2003. She is also a member of the Board of Directors for DCT Industrial Trust Inc., a publicly held real estate company specializing in the ownership, acquisition, leasing, development, redevelopment and management of bulk distribution and light industrial properties, where she serves on the audit and nominating and corporate governance committees; a member of the Board of Governors of Chapman University, a not-for-profit organization; a member of the Board of Regents and a member of the finance and marketing and enrollment (chair) committees of Brandman University, a not-for-profit subsidiary of Chapman University; and a member of the Board of Advisors of WalkStyles, Incorporated, a privately held company. She previously served as secretary of the Board of Directors of the Be Aware Foundation, a not-for-profit foundation and on the Board of Directors of Equity Office Properties, PIMCO Funds, PIMCO Variable Insurance Trust, PIMCO Commercial Securities Trust, Inc. and PIMCO Strategic Global Government Fund, Inc., as well as New Century Financial Corporation. |
Peter Arkley |
Mr. Peter Arkley is Independent Director of Tutor Perini Corp. since May 2000. Since June 2011 he has served as Managing Director of Alliant Insurance Services, an insurance and bonding brokerage firm. He previously served as the Chairman/CEO of AON’s United States Construction Services Group, an insurance and bonding brokerage firm, from 1994 to 2008, and in 2008 he served as the Managing Principal/CEO of AON’s Global Construction Group until June 2011. He is also a director of the Greater Los Angeles Zoo Association, a non-profit organization. Mr. Arkley has knowledge and experience in insurance surety and financial service markets. |
Martin Melone |
Mr. Martin R. Melone is Independent Director of Tutor Perini Corporation. Mr. Melone was a partner of Ernst & Young, LLP, an accounting firm, from 1975 to 2001. He was also a director of Countrywide Financial Corporation from August 2003 to June 2008, serving at various times on the audit and ethics, finance, corporate governance & nominating, and special oversight committees. He was also a director of Parsons E & C Corporation from March 2003 to November 2004. Mr. Melone served as the chair of the audit and ethics committee of Internet Brands, Inc. until its sale in December 2010. He is currently a member of the board of CanWel Building Materials Group, Ltd. He is a Trustee and Chair of the Audit Committee of the California Science Center Foundation, as well as a director of Public Counsel. Mr. Melone is a member of the Board of Regents of Santa Clara University and the Advisory Board of the Markkula Center for Applied Ethics. |
Robert Miller |
Mr. Robert L. Miller is Independent Director of Tutor Perini Corp. In 1979, he co-founded West Venture Development Co., a homebuilding and commercial real estate company, and functioned as its president until its sale in 1991. Previously he was a construction manager with Morrison-Knudsen Inc. He was Chairman of the Board of Monroc Corp., a publicly held concrete and aggregate company from 1995-1998. Since 2000, he has been a principal in Robert L. Miller & Assoc., Inc., a real estate development firm. |
Raymond Oneglia |
Mr. Raymond R. Oneglia is Independent Director of Tutor Perini Corp. Since 1997, he has also served as Vice Chairman of the Board of Directors of O&G Industries, Inc., a Connecticut corporation engaged in the construction industry, and prior to that, served in various operating and administrative capacities since 1970. |
Donald Snyder |
Mr. Donald D. Snyder is Independent Director of Tutor Perini Corp. since 2008. He was a director and the president of Boyd Gaming Corporation from 1997 until his retirement in 2005. He presently serves as a dean of the Harrah College of Hotel Administration at the University of Nevada, Las Vegas; as a director and as a member of the nominating & governance (chair) and compensation committees of NV Energy, a publicly held utility holding company; as a member of the compensation (chair) and the finance & investment committees of Western Alliance Bancorporation, a publicly held commercial bank holding company, as well as serving as non-executive Chairman of the Board of Directors of its lead bank, Bank of Nevada; and as a director and as a member of the compensation and audit committees of Switch Communications Group, LLC, a privately held company. He is presently on the Board of Directors of several not-for-profit entities, including The Smith Center for the Performing Arts (Chairman) and the Nathan Adelson Hospice. |
Dickran Tevrizian |
Judge Retired Dickran M. Tevrizian, Jr., is Independent Director of Tutor Perini Corporation. since September 2011. Prior to his retirement in April, 2007, Mr. Tevrizian was a judge for the United States District Court for the Central District of California since 1986. From 1999 to 2007, Judge Tevrizian also served as an Advisory Director to the University of California, Los Angeles School of Public Policy. Upon retirement from the federal judiciary, Judge Tevrizian assumed the role of a private mediator/arbitrator with Judicial Arbitration and Mediation Services. Judge Tevrizian also serves on the boards of several non-profit hospitals including the Children’s Hospital of L.A. and the Glendale Memorial Hospital Foundation, the legal advisory board of Legal Zoom, Inc. and several other privately-held companies and corporations. |
Basic Compensation
| Name | Fiscal Year Total |
|---|---|
Ronald Tutor |
10,471,900 |
Robert Band |
1,350,400 |
Michael Klein |
-- |
Michael Kershaw |
886,000 |
William Sparks |
-- |
Kenneth Burk |
1,888,800 |
James Frost |
1,996,800 |
Marilyn Alexander |
-- |
Peter Arkley |
-- |
Martin Melone |
-- |
Robert Miller |
-- |
Raymond Oneglia |
-- |
Donald Snyder |
-- |
Dickran Tevrizian |
-- |
As Of 30 Dec 2011
Options Compensation
| Name | Options | Value |
|---|---|---|
Ronald Tutor |
2,798,334 | 16,969,735 |
Robert Band |
271,667 | 6,831,918 |
Michael Klein |
0 | 0 |
Michael Kershaw |
0 | 0 |
William Sparks |
0 | 0 |
Kenneth Burk |
0 | 0 |
James Frost |
0 | 0 |
Marilyn Alexander |
0 | 0 |
Peter Arkley |
0 | 0 |
Martin Melone |
0 | 0 |
Robert Miller |
0 | 0 |
Raymond Oneglia |
0 | 0 |
Donald Snyder |
0 | 0 |
Dickran Tevrizian |
0 | 0 |
| Name | Shares Traded | Price |
|---|---|---|
BURK KENNETH R |
40,465 | $13.77 |
BURK KENNETH R |
40,465 | $17.87 |
TUTOR RONALD N |
140,589 | $18.36 |
TUTOR RONALD N |
59,411 | $18.30 |
BURK KENNETH R |
16,667 | $0.00 |
BURK KENNETH R |
8,697 | $18.38 |
TUTOR RONALD N |
75,000 | $17.21 |
TUTOR RONALD N |
125,000 | $17.22 |
TUTOR RONALD N |
50,000 | $13.98 |
TUTOR RONALD N |
75,000 | $12.52 |
TUTOR RONALD N |
100,000 | $12.17 |
TUTOR RONALD N |
25,000 | $11.52 |
TUTOR RONALD N |
58,773 | $11.48 |
TUTOR RONALD N |
49,767 | $11.54 |
TUTOR RONALD N |
50,000 | $11.28 |
TUTOR RONALD N |
50,000 | $11.63 |
TUTOR RONALD N |
41,460 | $12.06 |
TUTOR RONALD N |
50,000 | $12.16 |
RONALD N TUTOR SEPARATE PROPERTY TRUST |
50,000 | $12.49 |
TUTOR RONALD N |
50,000 | $12.49 |
RONALD N TUTOR SEPARATE PROPERTY TRUST |
1,791 | $11.64 |
TUTOR RONALD N |
1,791 | $11.64 |
TUTOR RONALD N |
98,209 | $11.79 |
RONALD N TUTOR SEPARATE PROPERTY TRUST |
98,209 | $11.79 |
CASPERS MARK |
14,400 | $11.96 |

