Tutor Perini CEO Ronald Tutor's 2018 pay jumps 84% to $23M
Tutor Perini reports 2018 executive compensation
By ExecPay News
Published: April 12, 2019
Tutor Perini reported fiscal year 2018 executive compensation information on April 12, 2019.
In 2018, five executives at Tutor Perini received on average a compensation package of $7.1M, a 13% decrease compared to previous year.
Ronald N. Tutor, Chief Executive Officer, received $23M in total, which increased by 84% compared to 2017. 51% of Tutor's compensation, or $12M, was in stock awards. Tutor also received $1.3M in bonus, $1.7M in non-equity incentive plan, $5.4M in option awards, $1.8M in salary, as well as $1.4M in other compensation.
For fiscal year 2018, the median employee pay was $66,475 at Tutor Perini. Therefore, the ratio of Ronald N. Tutor's pay to the median employee pay was 353 to one.
James A. Frost, Chief Operating Officer, received a compensation package of $4.8M, which decreased by 28% compared to previous year. 38% of the compensation package, or $1.9M, was in stock awards.
Gary G. Smalley, Chief Financial Officer, earned $4.3M in 2018, a 61% decrease compared to previous year.
Leonard J. Rejcek, Chief Executive Officer, received $2.3M in 2018, which increases by 30% compared to 2017.
Wendy A. Hallgren, General Counsel, earned $461K in 2018.