SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 8-K
CURRENT REPORT
PURSUANT TO SECTION 13 OR 15(d)
OF THE SECURITIES EXCHANGE ACT OF 1934
Date of Report (Date of earliest event reported): February 13, 2015
Tutor Perini Corporation
(Exact name of registrant as specified in its charter)
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Massachusetts (State or other jurisdiction of incorporation or organization) |
1-6314 (Commission file number) |
04-1717070 (I.R.S. Employer Identification No.) |
15901 Olden Street, Sylmar, California 91342-1093
(Address of principal executive offices) (Zip code)
Registrant’s telephone number, including area code: (818) 362-8391
None
(Former name or former address, if changed since last report)
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Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):
Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
Item 5.02. Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers
Appointment of James (“Jack”) A. Frost as President and Chief Operating Officer of the Company and Robert Band as Executive Vice President, Perini Management Services
On February 12, 2015, the Company promoted and appointed James (“Jack”) A. Frost as President and Chief Operating Officer of Tutor Perini Corp. replacing former President, Robert Band. Mr. Frost is already an executive officer of the Company and he will continue to serve as the Executive Vice President and Chief Executive Officer of the Company’s Civil group. Mr. Band will continue to serve with the Company as Executive Vice President, Perini Management Services.
Election of James (“Jack”) A. Frost to the Board of Directors and resignation of Robert Band as a Director
On February 12, 2015, at the recommendation of the Corporate Governance & Nominating Committee, the Board of Directors of the Company accepted the resignation of Mr. Band as a director of the Company and elected Mr. Frost as a director of the Company with a term expiring at the 2015 Annual Meeting of Shareholders. As an executive officer and director of the Company, Mr. Frost will not serve on any board committees reserved for independent directors.
Item 7.01. Regulation FD Disclosure
On February 13, 2015, the Company issued a press release announcing the promotion of Jack Frost as President and Chief Operating Officer of Tutor Perini Corp. and his election to the Board of Directors. A copy of the press release is furnished as Exhibit 99.1 to this Current Report on Form 8-K.
Item 9.01. Financial Statements and Exhibits
(d) |
Exhibits. |
99.1 Press Release of Tutor Perini Corporation dated February 13, 2015.
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SIGNATURE
Pursuant to the requirements of the Securities Exchange Act of 1934, as amended, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
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Tutor Perini Corporation |
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Dated: February 13, 2015 |
By: /s/Michael J. Kershaw |
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Michael J. Kershaw Executive Vice President and Chief Financial Officer |
News Release
Tutor Perini Announces Executive Promotion
Sylmar, California – (BUSINESS WIRE) – February 13, 2015 – Tutor Perini Corporation (NYSE: TPC), a leading civil and building construction company, today announced that, at the recommendation of its Chairman and CEO, Ronald Tutor, and approval by the Company’s Board of Directors, James (“Jack”) A. Frost has been promoted to the role of President and Chief Operating Officer. Mr. Frost has been with Tutor Perini for more than 25 years, originally joining the Company’s predecessor, Tutor-Saliba Corp., in 1988. Over the course of his career, he has gained extensive executive leadership experience in construction management and operations, overseeing numerous building and civil construction projects. Since 2008, Mr. Frost has served as Executive Vice President and CEO of Tutor Perini’s Civil Group.
“Jack has worked closely with me since the early 1990s, serving as a key executive building several of the Company’s largest and most difficult projects. He has done an outstanding job in leading the growth of Tutor Perini’s Civil group, our fastest growing and most profitable segment. I am pleased to promote Jack to his new position and have full confidence in his ability to provide broader leadership to drive continued growth and profitability,” said Tutor.
In addition, Mr. Frost has been elected to the Company’s Board of Directors, replacing former President, Robert Band, who has resigned from the Board and will continue to serve with the Company as Executive Vice President, Perini Management Services.
About Tutor Perini Corporation
Tutor Perini Corporation is a leading civil and building 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.
Contact:
Tutor Perini Corporation
Jorge Casado, 818-362-8391
Vice President, Investor Relations and Corporate Communications
www.tutorperini.com