Ronald Tutor — Tutor Perini Corp.

Chairman and Chief Executive

THE LATEST: Civil construction firm Tutor Perini had its share of triumphs and woes over the past year on its major rail projects. As the main contractor for Phases 2 and 3 of Metro’s Purple Line extension to L.A.’s Westside, Tutor Perini took advantage of Wilshire Boulevard’s closure during the pandemic and pushed the $1.4 billion second phase seven months ahead of schedule. But on a 31-mile stretch of the state high-speed rail project near Fresno, Tutor Perini crews faced major delays due to land acquisition problems. As a result, the company’s initial $1 billion bid more than doubled to $2.2 billion with more than half the work still ahead. In March, Tutor Perini was the low bidder with a $478 million proposal for the Airport Connector Project linking the Metro Crenshaw-LAX light rail line with the LAX Automated People Mover. Metro is expected to make its contract decision in coming weeks.
BACKGROUND: Tutor has served as chairman of the Sylmar-based civil engineering and building construction company since 1999 and as chief executive since 2000. He is a USC alumnus and board member and helped fund two buildings at the USC Viterbi School of Engineering. Tutor was also part of an investor group that purchased Miramax Films from Walt Disney Co. in 2010 for $650 million. He sold his stake three years later to the Qatar Investment Authority for an undisclosed price.
YEARS ON THE LA500: 6
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