Ara K. Hovnanian

Hovnanian Enterprises

President, Chief Executive Officer and Chairman of the Board

Overview

Ara K. Hovnanian made an average of $5.8M in compensation at Hovnanian Enterprises from 2007 to 2018.

Annual data

2018

In 2018, Ara K. Hovnanian earned a total compensation of $7.5M as President, Chief Executive Officer and Chairman of the Board at Hovnanian Enterprises.

Ranking775 out of 8,744
Percentile91.1%

Ara K. Hovnanian's 2018 compensation ranked 775th out of 8,744 executive pay records tracked by us this year.

Hovnanian earned more than 91.1% of all executives tracked by us in 2018.

Industry groupOperative Builders
Ranking13 out of 67
Percentile80.6%

In the industry group of Operative Builders, Hovnanian's pay ranked 13th out of 67 executive pay records tracked by us in 2018.

Hovnanian earned more than 80.6% of executives in this group.

Change in Pension Value and Nonqualified Deferred Compensation Earnings$32,517
Non-Equity Incentive Plan$3,002,850
Option Awards$250,942
Salary$1,229,922
Stock Awards$2,507,073
Other$459,335
Total$7,482,639

Hovnanian received $3M in non-equity incentive plan, which accounts for 40.13% of total compensation.

Hovnanian also received $32.5K of change in pension value and nonqualified deferred compensation earnings, $250.9K in option awards, $1.2M in salary, $2.5M in stock awards and $459.3K in other compensation.

2017

In 2017, Ara K. Hovnanian earned a total compensation of $5.3M as President, Chief Executive Officer and Chairman of the Board at Hovnanian Enterprises.

Ranking1,607 out of 13,227
Percentile87.9%

Ara K. Hovnanian's 2017 compensation ranked 1,607th out of 13,227 executive pay records tracked by us this year.

Hovnanian earned more than 87.9% of all executives tracked by us in 2018.

Industry groupOperative Builders
Ranking14 out of 78
Percentile82.1%

In the industry group of Operative Builders, Hovnanian's pay ranked 14th out of 78 executive pay records tracked by us in 2017.

Hovnanian earned more than 82.1% of executives in this group.

Change in Pension Value and Nonqualified Deferred Compensation Earnings$27,596
Non-Equity Incentive Plan$2,020,552
Salary$1,193,965
Stock Awards$1,698,000
Other$318,643
Total$5,258,756

Hovnanian received $2M in non-equity incentive plan, which accounts for 38.42% of total compensation.

Hovnanian also received $27.6K of change in pension value and nonqualified deferred compensation earnings, $1.2M in salary, $1.7M in stock awards and $318.6K in other compensation.

2016

In 2016, Ara K. Hovnanian earned a total compensation of $7.2M as President, Chief Executive Officer and Chairman of the Board at Hovnanian Enterprises.

Ranking880 out of 13,877
Percentile93.7%

Ara K. Hovnanian's 2016 compensation ranked 880th out of 13,877 executive pay records tracked by us this year.

Hovnanian earned more than 93.7% of all executives tracked by us in 2018.

Industry groupOperative Builders
Ranking12 out of 80
Percentile85.0%

In the industry group of Operative Builders, Hovnanian's pay ranked 12th out of 80 executive pay records tracked by us in 2016.

Hovnanian earned more than 85.0% of executives in this group.

Change in Pension Value and Nonqualified Deferred Compensation Earnings$19,683
Non-Equity Incentive Plan$2,418,033
Option Awards$235,474
Salary$1,159,059
Stock Awards$3,000,576
Other$379,368
Total$7,212,193

Hovnanian received $3M in stock awards, which accounts for 41.60% of total compensation.

Hovnanian also received $19.7K of change in pension value and nonqualified deferred compensation earnings, $2.4M in non-equity incentive plan, $235.5K in option awards, $1.2M in salary and $379.4K in other compensation.

2015

In 2015, Ara K. Hovnanian earned a total compensation of $6.2M as President, Chief Executive Officer and Chairman of the Board at Hovnanian Enterprises.

Ranking1,185 out of 13,574
Percentile91.3%

Ara K. Hovnanian's 2015 compensation ranked 1,185th out of 13,574 executive pay records tracked by us this year.

Hovnanian earned more than 91.3% of all executives tracked by us in 2018.

Industry groupOperative Builders
Ranking10 out of 87
Percentile88.5%

In the industry group of Operative Builders, Hovnanian's pay ranked 10th out of 87 executive pay records tracked by us in 2015.

Hovnanian earned more than 88.5% of executives in this group.

Bonus$1,180,014
Change in Pension Value and Nonqualified Deferred Compensation Earnings$4,260
Non-Equity Incentive Plan$823,729
Salary$1,120,972
Stock Awards$2,488,887
Other$555,265
Total$6,173,127

Hovnanian received $2.5M in stock awards, which accounts for 40.32% of total compensation.

Hovnanian also received $1.2M in bonus, $4.3K of change in pension value and nonqualified deferred compensation earnings, $823.7K in non-equity incentive plan, $1.1M in salary and $555.3K in other compensation.

2014

In 2014, Ara K. Hovnanian earned a total compensation of $5.9M as President, Chief Executive Officer and Chairman of the Board at Hovnanian Enterprises.

Ranking1,225 out of 12,876
Percentile90.5%

Ara K. Hovnanian's 2014 compensation ranked 1,225th out of 12,876 executive pay records tracked by us this year.

Hovnanian earned more than 90.5% of all executives tracked by us in 2018.

Industry groupOperative Builders
Ranking11 out of 75
Percentile85.3%

In the industry group of Operative Builders, Hovnanian's pay ranked 11th out of 75 executive pay records tracked by us in 2014.

Hovnanian earned more than 85.3% of executives in this group.

Change in Pension Value and Nonqualified Deferred Compensation Earnings$292
Non-Equity Incentive Plan$1,140,293
Salary$1,092,606
Stock Awards$3,433,500
Other$250,220
Total$5,916,911

Hovnanian received $3.4M in stock awards, which accounts for 58.03% of total compensation.

Hovnanian also received $292 of change in pension value and nonqualified deferred compensation earnings, $1.1M in non-equity incentive plan, $1.1M in salary and $250.2K in other compensation.

2013

In 2013, Ara K. Hovnanian earned a total compensation of $8.9M as President, Chief Executive Officer and Chairman of the Board at Hovnanian Enterprises.

Ranking518 out of 11,965
Percentile95.7%

Ara K. Hovnanian's 2013 compensation ranked 518th out of 11,965 executive pay records tracked by us this year.

Hovnanian earned more than 95.7% of all executives tracked by us in 2018.

Industry groupOperative Builders
Ranking8 out of 63
Percentile87.3%

In the industry group of Operative Builders, Hovnanian's pay ranked 8th out of 63 executive pay records tracked by us in 2013.

Hovnanian earned more than 87.3% of executives in this group.

Non-Equity Incentive Plan$2,534,152
Option Awards$3,084,000
Salary$1,092,606
Stock Awards$1,966,692
Other$185,619
Total$8,863,069

Hovnanian received $3.1M in option awards, which accounts for 34.80% of total compensation.

Hovnanian also received $2.5M in non-equity incentive plan, $1.1M in salary, $2M in stock awards and $185.6K in other compensation.

2012

In 2012, Ara K. Hovnanian earned a total compensation of $3.3M as President, Chief Executive Officer and Chairman of the Board at Hovnanian Enterprises.

Ranking2,086 out of 10,956
Percentile81.0%

Ara K. Hovnanian's 2012 compensation ranked 2,086th out of 10,956 executive pay records tracked by us this year.

Hovnanian earned more than 81.0% of all executives tracked by us in 2018.

Industry groupOperative Builders
Ranking13 out of 60
Percentile78.3%

In the industry group of Operative Builders, Hovnanian's pay ranked 13th out of 60 executive pay records tracked by us in 2012.

Hovnanian earned more than 78.3% of executives in this group.

Non-Equity Incentive Plan$949,500
Option Awards$1,032,000
Salary$1,092,606
Other$181,582
Total$3,255,688

Hovnanian received $1.1M in salary, which accounts for 33.56% of total compensation.

Hovnanian also received $949.5K in non-equity incentive plan, $1M in option awards and $181.6K in other compensation.

2011

In 2011, Ara K. Hovnanian earned a total compensation of $2.8M as President, Chief Executive Officer and Chairman of the Board at Hovnanian Enterprises.

Ranking2,271 out of 10,045
Percentile77.4%

Ara K. Hovnanian's 2011 compensation ranked 2,271st out of 10,045 executive pay records tracked by us this year.

Hovnanian earned more than 77.4% of all executives tracked by us in 2018.

Industry groupOperative Builders
Ranking12 out of 46
Percentile73.9%

In the industry group of Operative Builders, Hovnanian's pay ranked 12th out of 46 executive pay records tracked by us in 2011.

Hovnanian earned more than 73.9% of executives in this group.

Non-Equity Incentive Plan$949,500
Option Awards$529,875
Salary$1,092,606
Stock Awards$24,125
Other$170,049
Total$2,766,155

Hovnanian received $1.1M in salary, which accounts for 39.50% of total compensation.

Hovnanian also received $949.5K in non-equity incentive plan, $529.9K in option awards, $24.1K in stock awards and $170K in other compensation.

2010

In 2010, Ara K. Hovnanian earned a total compensation of $6.3M as President, Chief Executive Officer and Chairman of the Board at Hovnanian Enterprises.

Ranking696 out of 9,493
Percentile92.7%

Ara K. Hovnanian's 2010 compensation ranked 696th out of 9,493 executive pay records tracked by us this year.

Hovnanian earned more than 92.7% of all executives tracked by us in 2018.

Industry groupOperative Builders
Ranking5 out of 47
Percentile89.4%

In the industry group of Operative Builders, Hovnanian's pay ranked 5th out of 47 executive pay records tracked by us in 2010.

Hovnanian earned more than 89.4% of executives in this group.

Non-Equity Incentive Plan$949,500
Option Awards$1,413,750
Salary$1,092,606
Stock Awards$2,622,255
Other$188,189
Total$6,266,300

Hovnanian received $2.6M in stock awards, which accounts for 41.85% of total compensation.

Hovnanian also received $949.5K in non-equity incentive plan, $1.4M in option awards, $1.1M in salary and $188.2K in other compensation.

2009

In 2009, Ara K. Hovnanian earned a total compensation of $3.4M as President, Chief Executive Officer and Chairman of the Board at Hovnanian Enterprises.

Ranking1,198 out of 8,717
Percentile86.3%

Ara K. Hovnanian's 2009 compensation ranked 1,198th out of 8,717 executive pay records tracked by us this year.

Hovnanian earned more than 86.3% of all executives tracked by us in 2018.

Industry groupOperative Builders
Ranking8 out of 38
Percentile78.9%

In the industry group of Operative Builders, Hovnanian's pay ranked 8th out of 38 executive pay records tracked by us in 2009.

Hovnanian earned more than 78.9% of executives in this group.

Non-Equity Incentive Plan$699,500
Option Awards$1,380,000
Salary$1,092,606
Other$267,015
Total$3,439,121

Hovnanian received $1.4M in option awards, which accounts for 40.13% of total compensation.

Hovnanian also received $699.5K in non-equity incentive plan, $1.1M in salary and $267K in other compensation.

2008

In 2008, Ara K. Hovnanian earned a total compensation of $4.2M as President, Chief Executive Officer and Chairman of the Board at Hovnanian Enterprises.

Ranking953 out of 7,755
Percentile87.7%

Ara K. Hovnanian's 2008 compensation ranked 953rd out of 7,755 executive pay records tracked by us this year.

Hovnanian earned more than 87.7% of all executives tracked by us in 2018.

Industry groupOperative Builders
Ranking5 out of 35
Percentile85.7%

In the industry group of Operative Builders, Hovnanian's pay ranked 5th out of 35 executive pay records tracked by us in 2008.

Hovnanian earned more than 85.7% of executives in this group.

Non-Equity Incentive Plan$979,302
Option Awards$1,256,250
Salary$1,092,606
Stock Awards$503,641
Other$336,344
Total$4,168,143

Hovnanian received $1.3M in option awards, which accounts for 30.14% of total compensation.

Hovnanian also received $979.3K in non-equity incentive plan, $1.1M in salary, $503.6K in stock awards and $336.3K in other compensation.

2007

In 2007, Ara K. Hovnanian earned a total compensation of $8.5M as President and Chief Executive Officer at Hovnanian Enterprises.

Ranking339 out of 7,024
Percentile95.2%

Ara K. Hovnanian's 2007 compensation ranked 339th out of 7,024 executive pay records tracked by us this year.

Hovnanian earned more than 95.2% of all executives tracked by us in 2018.

Industry groupOperative Builders
Ranking2 out of 40
Percentile95.0%

In the industry group of Operative Builders, Hovnanian's pay ranked 2nd out of 40 executive pay records tracked by us in 2007.

Hovnanian earned more than 95.0% of executives in this group.

Option Awards$7,068,001
Salary$1,092,606
Other$375,334
Total$8,535,941

Hovnanian received $7.1M in option awards, which accounts for 82.80% of total compensation.

Hovnanian also received $1.1M in salary and $375.3K in other compensation.