Michael Smithson Joins Tutor Perini to Lead the Building and Specialty Contractors Segments

Rhea-AI Summary

Tutor Perini Corporation (NYSE: TPC) announced the appointment of Michael Smithson as Executive Vice President to oversee growth in the Building and Specialty Contractors segments. Smithson brings nine years of experience from Skanska USA, where he led heavy civil projects in Los Angeles and the western U.S. He holds degrees from Purdue University and the University of Illinois. Ronald Tutor, the CEO, expressed optimism about Smithson's contributions to the company's future growth.

Positive

• Michael Smithson's extensive experience in heavy civil projects could enhance operational efficiency.
• The appointment indicates a strategic focus on growth within the Building and Specialty Contractors segments.

Negative

• None.

Tutor Perini Corporation (NYSE: TPC) (the “Company”), a leading civil, building and specialty construction company, announced today that Michael Smithson recently joined the Company as an Executive Vice President to lead and manage the growth and future success of the Building and Specialty Contractors segments. Previously, Mr. Smithson was a Senior Vice President at Skanska USA for nine years, where he was responsible for Skanska’s heavy civil projects located within Los Angeles County and its underground heavy civil projects in the western United States. Prior to joining Skanska USA, he worked for Kenny Construction in Chicago for seven years. Mr. Smithson has a Bachelor of Science in Geologic Engineering from Purdue University and a Master of Science in Civil Engineering from the University of Illinois at Urbana-Champaign.

Ronald Tutor, Chairman and Chief Executive Officer of Tutor Perini, commented, “We are pleased to welcome Mike to our management team and look forward to working with him to drive the next phase of the Company’s growth.”

About Tutor Perini Corporation

Tutor Perini Corporation is a leading civil, building and specialty construction company offering diversified general contracting and design-build services to private clients and public agencies throughout the world. We have provided construction services since 1894 and have established a strong reputation within our markets by executing large, complex projects on time and within budget while adhering to strict quality control measures.

View source version on businesswire.com: https://www.businesswire.com/news/home/20210601005152/en/

FAQ

Who is the new Executive Vice President of Tutor Perini Corporation?

Michael Smithson has been appointed as the new Executive Vice President.

What is Michael Smithson's background before joining Tutor Perini Corporation?

Before joining Tutor Perini, Michael Smithson was a Senior Vice President at Skanska USA for nine years.

What specific segments will Michael Smithson oversee at Tutor Perini Corporation?

He will lead and manage the growth of the Building and Specialty Contractors segments.

What is the stock symbol for Tutor Perini Corporation?

The stock symbol for Tutor Perini Corporation is TPC.

Who commented on Michael Smithson's appointment at Tutor Perini Corporation?

Ronald Tutor, Chairman and CEO, commented on the appointment.