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.
Average pay of disclosed executives at Tutor Perini
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.

Related executives

Ronald Tutor

Tutor Perini

Chief Executive Officer

Gary Smalley

Tutor Perini

Chief Financial Officer

James Frost

Tutor Perini

Chief Operating Officer

Wendy Hallgren

Tutor Perini

General Counsel

Jean Abiassi

Tutor Perini

Chief Executive Officer

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Source: SEC filing on April 9, 2021.