Sylmar, Ca., USA - July 27, 2015, Sylmar, Ca., USA - Tutor Perini Corporation, a general contractor, announced that Michael J. Kershaw, its executive vice president and chief financial officer, will be retiring from the company.
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Mr. Kershaw has served as Executive Vice President and Chief Financial Officer since September 2011. Previously, he served as Senior Vice President and Chief Accounting Officer of The Shaw Group Inc., a global provider of technology, engineering, procurement, and construction services.
Mr. Kershaw joined The Shaw Group in September 2007 as Senior Vice President and Corporate Controller. From 2005 until September 2007, he served as the Vice President of Accounting and Finance of the Energy and Chemicals Division of KBR, Inc., a global engineering, construction and services company. From 2003 until 2005, Mr. Kershaw served as Senior Controller for KBR, Inc.
Mr. Kershaw holds a Master of Business Administration degree from Tulane University and a Bachelor of Science degree in Economics and Accounting from the University of Bristol in England. He is a fellow of the Institute of Chartered Accountants in England and Wales.
Mr. Kershaw will remain employed by the Company to assist in the transition of responsibilities to his successor.
The Company announced that it has entered into a letter agreement with Gary G. Smalley to succeed Mr. Kershaw as the Company’s Executive Vice President and Chief Financial Officer.
Mr. Smalley is expected to join the Company no later than September 1, 2015 and, at that time, will be appointed the Company’s principal financial officer.
Mr. Smalley has been Senior Vice President and Controller of Fluor Corporation since March 2008 and, since October 2014, concurrently served as Group Chief Financial Officer for one of Fluor's business segments.
Prior to his current roles, Mr. Smalley was employed by Fluor as Vice President of Internal Audit from September 2002 to March 2008 and, since joining Fluor in 1991, held a variety of other financial management positions in Australia, Chile, Mexico, and the United States.
Prior to joining Fluor, he held audit positions with Ernst & Young and J.P. Stevens and Company. ■