Tutor Perini appoints new CEO

Tutor Perini is one of the largest general contractors in the US (Image: AdobeStock)

Smalley served as the company’s president from November 2023 and succeeds Ronald Tutor, who has served as chairman and CEO since 2008.

Previously, Smalley also held the roles of executive vice president and chief financial officer at the company since September 2015. Prior to joining Tutor Perini, he held several financial management roles during nearly 24 years with Fluor Corporation.

Tutor will continue to serve as executive chairman of the board through 2026. Smalley’s succession as CEO was announced back in November 2023, when Smalley was still chief financial officer.

Tutor said, “Gary is an outstanding and seasoned leader, and we could not be more confident about our future with him as our new CEO. Since joining the company nearly 10 years ago, Gary has played an instrumental role in the growth and prosperity of Tutor Perini as we have capitalized on increased infrastructure spending across our civil and building end markets and strengthened our balance sheet.”

Smalley added, “I am truly honoured to succeed Ron Tutor, an icon and giant in our industry, and step into the role of CEO of this great company. I am committed to further advancing our strategy as we execute on recent major project wins, return to profitability and pursue growth opportunities that enhance shareholder value. I would like to thank Ron for his mentorship and extraordinary leadership in establishing such a strong foundation for continued success. I look forward to continuing to work with him, the Board and our outstanding leadership team to achieve our long-term growth objectives and lead the Company to a new era of success.”