Tutor Perini Names New President for 2,000-Employee Guam Construction Unit

Leonard Kaae Promoted to President of Black Construction Corporation

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06/17/2025 - 06:14 PM

LOS ANGELES--(BUSINESS WIRE)-- Tutor Perini Corporation (NYSE: TPC) (the 鈥淐ompany鈥�), a leading civil, building and specialty construction company, announced today that Leonard Kaae has been recently promoted to President of Black Construction Corporation (鈥淏lack Construction鈥�), the Company鈥檚 Guam-based subsidiary. Mr. Kaae has worked for Black Construction for more than 40 years, most recently leading the firm鈥檚 operations and its approximately 2,000 employees as Senior Vice President and General Manager. Under Mr. Kaae鈥檚 leadership, Black Construction has grown to be the largest general contractor in Guam and the second-largest employer on the island (behind the U.S. federal government). Black Construction has consistently been one of Tutor Perini鈥檚 most successful and profitable business units, with a record backlog and a large pipeline of bidding opportunities that are expected to increase over the next decade as the U.S. government prioritizes funding for the Pacific Deterrence Initiative and other strategic infrastructure investments in Guam and throughout the Indo-Pacific region.

鈥淟eonard exemplifies the type of high caliber leader that Tutor Perini is very fortunate to have leading our Indo-Pacific operations. He is a consummate professional and vital to the continued growth of our business in the region and globally,鈥� said Gary Smalley, CEO and President of Tutor Perini. 鈥淲e congratulate Leonard on his well-deserved promotion.鈥�

About Tutor Perini Corporation

Tutor Perini Corporation is a leading civil, building and specialty construction company offering diversified general contracting and design-build services to private customers 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 safety and quality control measures. We offer general contracting, pre-construction planning and comprehensive project management services, and have strong expertise in delivering design-bid-build, design-build, construction management, and public-private partnership (P3) projects. We often self-perform multiple project components, including earthwork, excavation, concrete forming and placement, steel erection, electrical, mechanical, plumbing, heating, ventilation and air conditioning (HVAC), and fire protection.