Tutor Perini CEO Ronald Tutor's 2021 pay jumps 82% to $15M
Tutor Perini reports 2021 executive compensation
By ExecPay News
Published: April 8, 2022
Tutor Perini reported fiscal year 2021 executive compensation information on April 8, 2022.
In 2021, five executives at Tutor Perini received on average a compensation package of $6.1M, a 58% increase compared to previous year.
Average pay of disclosed executives at Tutor Perini
Ronald N. Tutor, Chief Executive Officer, received $15M in total, which increased by 82% compared to 2020. 65% of Tutor's compensation, or $9.6M, was in stock awards. Tutor also received $2.5M in non-equity incentive plan, $1.8M in salary, as well as $942K in other compensation.
For fiscal year 2021, the median employee pay was $65,629 at Tutor Perini. Therefore, the ratio of Ronald N. Tutor's pay to the median employee pay was 226 to one.
Gary G. Smalley, Chief Financial Officer, received a compensation package of $5.5M, which increased by 1% compared to previous year. 68% of the compensation package, or $3.8M, was in stock awards.
James A. Frost, Chief Operating Officer, earned $5.5M in 2021, a 118% increase compared to previous year.
Michael F. Smithson, Executive Vice President, Building and Specialty Contractors Groups, received $2.7M in 2021.
Wendy A. Hallgren, General Counsel, earned $2M in 2021, a 26% increase compared to previous year.
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Source: SEC filing on April 8, 2022.