Ara K. Hovnanian
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, a 42% increase compared to previous year.
Compensation breakdown
| 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, accounting for 40% of the total pay in 2018.
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.
Rankings
In 2018, Ara K. Hovnanian's compensation ranked 1,117th out of 14,244 executives tracked by ExecPay. In other words, Hovnanian earned more than 92.2% of executives.
| Classification | Ranking | Percentile |
|---|---|---|
All | 1,117 out of 14,244 | 92nd |
Division Construction | 21 out of 188 | 89th |
Major group Building Construction General Contractors And Operative Builders | 17 out of 89 | 81st |
Industry group Operative Builders | 13 out of 69 | 81st |
Industry Operative Builders | 13 out of 69 | 81st |
Source: SEC filing on February 4, 2019.
Hovnanian's colleagues
We found three more compensation records of executives who worked with Ara K. Hovnanian at Hovnanian Enterprises in 2018.