Ara K. Hovnanian

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, a 82% increase compared to previous year.

Compensation breakdown

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, accounting for 42% of the total pay in 2010.

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.

Rankings

In 2010, Ara K. Hovnanian's compensation ranked 719th out of 10,439 executives tracked by ExecPay. In other words, Hovnanian earned more than 93.1% of executives.

ClassificationRankingPercentile
All
719
out of 10,439
93rd
Division
Construction
13
out of 170
92nd
Major group
Building Construction General Contractors And Operative Builders
9
out of 60
85th
Industry group
Operative Builders
7
out of 49
86th
Industry
Operative Builders
7
out of 49
86th
Source: SEC filing on January 28, 2013.

Hovnanian's colleagues

We found five more compensation records of executives who worked with Ara K. Hovnanian at Hovnanian Enterprises in 2010.

2010

J Sorsby

Hovnanian Enterprises

Chief Financial Officer

2010

Thomas Pellerito

Hovnanian Enterprises

Chief Operating Officer

2010

David Valiaveedan

Hovnanian Enterprises

Vice President Finance and Treasurer

2010

Peter Reinhart

Hovnanian Enterprises

General Counsel

2010

Paul Buchanan

Hovnanian Enterprises

Chief Accounting Officer

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