Tutor Perini CEO Ronald Tutor's 2020 pay rises 13% to $8.2M
Tutor Perini reports 2020 executive compensation
By ExecPay News
Published: April 9, 2021
Tutor Perini reported fiscal year 2020 executive compensation information on April 9, 2021.
In 2020, five executives at Tutor Perini received on average a compensation package of $3.9M, a 3% decrease compared to previous year.
Ronald N. Tutor, Chief Executive Officer, received $8.2M in total, which increased by 13% compared to 2019. 55% of Tutor's compensation, or $4.5M, was in non-equity incentive plan. Tutor also received $296K in option awards, $1.8M in salary, $1M in stock awards, as well as $554K in other compensation.
For fiscal year 2020, the median employee pay was $62,361 at Tutor Perini. Therefore, the ratio of Ronald N. Tutor's pay to the median employee pay was 131 to one.
Gary G. Smalley, Chief Financial Officer, received a compensation package of $5.5M, which increased by 42% compared to previous year. 35% of the compensation package, or $1.9M, was in stock awards.
James A. Frost, Chief Operating Officer, earned $2.5M in 2020, a 43% increase compared to previous year.
Jean J. Abiassi, Chief Executive Officer, received $1.6M in 2020, which decreases by 64% compared to 2019.
Wendy A. Hallgren, General Counsel, earned $1.6M in 2020, a 43% decrease compared to previous year.