Tutor Perini Names New CFO and General Counsel
Ticker: TPC · Form: 8-K · Filed: Apr 4, 2025 · CIK: 77543
| Field | Detail |
|---|---|
| Company | Tutor Perini Corp (TPC) |
| Form Type | 8-K |
| Filed Date | Apr 4, 2025 |
| Risk Level | medium |
| Sentiment | neutral |
Sentiment: neutral
Topics: executive-changes, management-transition, personnel
Related Tickers: TPC
TL;DR
TPC shakes up exec team: Verrechia is new CFO, J.M.W. Perini is new GC. Effective immediately.
AI Summary
On March 31, 2025, Tutor Perini Corporation (TPC) announced changes in its executive team. Michael A. Verrechia has been appointed as the new Chief Financial Officer, succeeding Gary L. Smelker. Additionally, Jonathan M. W. Perini has been appointed as Senior Vice President, General Counsel, and Corporate Secretary, replacing Gregory L. South. These appointments are effective immediately.
Why It Matters
This filing indicates a significant shift in Tutor Perini's leadership, particularly in key financial and legal roles, which could signal strategic changes or a response to previous performance.
Risk Assessment
Risk Level: medium — Changes in key executive positions, especially CFO and General Counsel, can introduce uncertainty and potential strategic shifts, impacting investor confidence.
Key Players & Entities
- Tutor Perini Corporation (company) — Registrant
- Michael A. Verrechia (person) — Appointed Chief Financial Officer
- Gary L. Smelker (person) — Departing Chief Financial Officer
- Jonathan M. W. Perini (person) — Appointed Senior Vice President, General Counsel, and Corporate Secretary
- Gregory L. South (person) — Departing Senior Vice President, General Counsel, and Corporate Secretary
- March 31, 2025 (date) — Effective date of appointments
FAQ
Who has been appointed as the new Chief Financial Officer of Tutor Perini Corporation?
Michael A. Verrechia has been appointed as the new Chief Financial Officer of Tutor Perini Corporation.
Who is the departing Chief Financial Officer?
Gary L. Smelker is the departing Chief Financial Officer.
Who has been appointed as the new Senior Vice President, General Counsel, and Corporate Secretary?
Jonathan M. W. Perini has been appointed as the new Senior Vice President, General Counsel, and Corporate Secretary.
Who is the departing Senior Vice President, General Counsel, and Corporate Secretary?
Gregory L. South is the departing Senior Vice President, General Counsel, and Corporate Secretary.
What is the effective date of these executive appointments?
The appointments are effective immediately as of March 31, 2025.
Filing Details
This Form 8-K (Form 8-K) was filed with the SEC on April 4, 2025 by Michael A. Verrechia regarding TUTOR PERINI CORP (TPC).