StockWatch
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General Bldg Contractors - Nonresidential Bldgs
Corporate GovernanceMay 26, 2026, 04:53 PM

Tutor Perini Shareholders Elect Directors, Approve Comp & Auditor

AI Summary

Tutor Perini Corporation's Compensation Committee approved a new Deferred Compensation Plan for eligible employees, including named executive officers, allowing them to defer cash compensation. Additionally, at the Annual Meeting, shareholders elected 10 director nominees to serve until the 2027 Annual Meeting. Shareholders also ratified the appointment of Deloitte & Touche LLP as independent auditors for 2026 and approved the compensation of named executive officers on an advisory basis.

Key Highlights

  • Compensation Committee approved a new Deferred Compensation Plan on May 20, 2026.
  • Plan allows eligible employees, including named executive officers, to defer cash compensation.
  • Shareholders elected 10 director nominees to serve until the 2027 Annual Meeting.
  • Ronald N. Tutor received 38,926,119 votes for director election.
  • Deloitte & Touche LLP ratified as independent auditors for 2026 with 44,877,918 votes.
  • Named executive officer compensation approved on advisory basis with 38,631,812 votes.