Tutor Perini Corporation announced on January 2, 2025, that Gary Smalley has become the company’s Chief Executive Officer and a member of its Board of Directors. Mr. Smalley, previously President, succeeds Ronald N. Tutor, who has transitioned to the role of Executive Chairman of Tutor Perini’s Board of Directors after serving as Chairman and CEO since 2008.
This appointment is part of a formal succession plan announced in November 2023, under which Mr. Smalley would succeed Mr. Tutor as CEO, effective January 1, 2025. Mr. Smalley served as President of Tutor Perini since November 2023 and as Executive Vice President and Chief Financial Officer since September 2015.
Mr. Smalley stated his commitment to further advancing the company's strategy, executing recent major project wins, returning to profitability, and pursuing growth opportunities that enhance shareholder value. Ronald Tutor expressed confidence in Smalley's leadership, citing his instrumental role in the company's growth and balance sheet strengthening.
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