Ara K. Hovnanian
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, a 56% decrease compared to previous year.
Compensation breakdown
| 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, accounting for 39% of the total pay in 2011.
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.
Rankings
In 2011, Ara K. Hovnanian's compensation ranked 2,344th out of 10,747 executives tracked by ExecPay. In other words, Hovnanian earned more than 78.2% of executives.
| Classification | Ranking | Percentile |
|---|---|---|
All | 2,344 out of 10,747 | 78th |
Division Construction | 26 out of 163 | 84th |
Major group Building Construction General Contractors And Operative Builders | 17 out of 59 | 71st |
Industry group Operative Builders | 13 out of 48 | 73rd |
Industry Operative Builders | 13 out of 48 | 73rd |
Source: SEC filing on January 28, 2013.
Hovnanian's colleagues
We found four more compensation records of executives who worked with Ara K. Hovnanian at Hovnanian Enterprises in 2011.