Not independent
Tenure on this board
29.5 yrs
Meeting calendar
TPC · Annual meeting · Wednesday, May 20, 2026
Tutor Perini Corp
10 nominees · 3 ballot items.
Election of 10 directors; Ratification of Deloitte & Touche LLP as independent auditor for 2026; Advisory (non-binding) approval of named executive officer compensation.
Market cap
$4.1B
1Y TSR
+62.8%
Board grade
B-
Record date
Mar 25, 2026
Filing
DEF 14A
Meeting concluded · May 20, 2026
Follow how the vote landed and what changed on Tutor Perini Corp’s board — director track records, governance grades, and ongoing monitoring — on the Boardroom Alpha platform.
Proposals
On the ballot3
- 1
Election of Directors
ManagementBoard: FORElection of ten named director nominees to serve until the 2027 Annual Meeting and until their successors are elected and qualified.
- 2
Ratification of Appointment of Independent Auditor
ManagementBoard: FORRatification of the Audit Committee’s appointment of Deloitte & Touche LLP as the Company’s independent registered public accounting firm for the year ending December 31, 2026.
- 3
Advisory (Non-Binding) Vote to Approve Named Executive Officer Compensation
ManagementBoard: FORAdvisory vote to approve, on a non-binding basis, the compensation of the Company’s named executive officers as disclosed in the Compensation Discussion and Analysis and related tables.
More detail
This management proposal requests an advisory, non-binding shareholder vote to approve the Company’s executive compensation program for its named executive officers (NEOs) as disclosed in the proxy statement’s CD&A and tables. Management and the Compensation Committee frame the program as largely performance-based—linking pay to operating cash flow, pre-tax income, individual performance and long-term relative TSR metrics—and responsive to shareholder feedback following a sub-majority say-on-pay result in 2025. The vote is non-binding but the Board and Compensation Committee will consider the result in future compensation decisions. Given recent governance actions (CEO succession, reduction of Executive Chairman pay, elimination of guaranteed bonuses, broadened use of equity incentives, adoption of clawback policy, and alignment of pay to peer benchmarks), management recommends a vote FOR, arguing the program incentivizes long-term value creation, aligns executive interests with shareholders, and enhances retention and succession planning. The board unanimously recommends FOR the advisory vote.
Director elections
Nominees on the ballot10
Not independent
Tenure on this board
1.5 yrs
Independent
Tenure on this board
26.2 yrs
Independent
Tenure on this board
4.6 yrs
Not independent
Tenure on this board
12.7 yrs
Independent
Tenure on this board
11.9 yrs
Independent
Tenure on this board
9.2 yrs
Also a director at
Xenia Hotels & Resorts Inc (XHR)
Independent
Tenure on this board
26.4 yrs
Independent
Tenure on this board
12.1 yrs
Also a director at
Digitalbridge Group Inc (DBRG)
Independent
Tenure on this board
2.2 yrs
Ownership
Latest 13F quarterTop institutional holders10
| # | Owner | % of shares | Shares | Value |
|---|---|---|---|---|
| 1 | VANGUARD CAPITAL MANAGEMENT LLC | 3.7% | 1,970,701 | $152M |
| 2 | BlackRock, Inc. | 3.5% | 1,825,639 | $141M |
| 3 | AMERICAN CENTURY COMPANIES INC | 3.4% | 1,780,867 | $137M |
| 4 | DIMENSIONAL FUND ADVISORS LP | 3.1% | 1,627,750 | $126M |
| 5 | BlackRock, Inc. | 3.0% | 1,566,543 | $121M |
| 6 | Capital International Investors | 2.9% | 1,507,654 | $116M |
| 7 | FIRST TRUST ADVISORS LP | 2.6% | 1,358,899 | $105M |
| 8 | DONALD SMITH CO., INC. | 2.5% | 1,313,289 | $101M |
| 9 | GEODE CAPITAL MANAGEMENT, LLC | 2.0% | 1,060,390 | $82M |
| 10 | STATE STREET CORP | 1.9% | 1,018,096 | $79M |
Peers
Nearest market capOther Industrials sector meetings6
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Reference
Frequently asked questions
- When is the Tutor Perini Corp 2026 annual meeting?
- Tutor Perini Corp (TPC) holds its 2026 annual shareholder meeting on Wednesday, May 20, 2026.
- What is the record date for the Tutor Perini Corp 2026 meeting?
- The record date for the Tutor Perini Corp 2026 meeting is Wednesday, March 25, 2026. Shareholders of record on or before that date are eligible to vote.
- Who are the director nominees for Tutor Perini Corp's 2026 meeting?
- The board is presenting 10 director nominees at the Tutor Perini Corp 2026 meeting, listed with their independence status and background.
- What proposals will shareholders vote on at the Tutor Perini Corp 2026 meeting?
- Shareholders will vote on 3 proposals at the Tutor Perini Corp 2026 meeting, each tagged with who proposed it and the board's recommendation.
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