Ara K. Hovnanian
2019
Compensation breakdown
| Change in Pension Value and Nonqualified Deferred Compensation Earnings | $35,388 |
|---|---|
| Non-Equity Incentive Plan | $2,365,200 |
| Option Awards | $131,580 |
| Salary | $1,266,961 |
| Stock Awards | $1,579,118 |
| Other | $424,183 |
| Total | $5,802,430 |
Hovnanian received $2.4M in non-equity incentive plan, accounting for 41% of the total pay in 2019.
Hovnanian also received $35.4K of change in pension value and nonqualified deferred compensation earnings, $131.6K in option awards, $1.3M in salary, $1.6M in stock awards and $424.2K in other compensation.
Rankings
In 2019, Ara K. Hovnanian's compensation ranked 1,801st out of 13,971 executives tracked by ExecPay. In other words, Hovnanian earned more than 87.1% of executives.
| Classification | Ranking | Percentile |
|---|---|---|
All | 1,801 out of 13,971 | 87th |
Division Construction | 24 out of 179 | 87th |
Major group Building Construction General Contractors And Operative Builders | 18 out of 83 | 78th |
Industry group Operative Builders | 14 out of 64 | 78th |
Industry Operative Builders | 14 out of 64 | 78th |
Pay ratio
| Ara K. Hovnanian's Pay | $5,802,430 |
|---|---|
| Median Employee's Pay | $89,065 |
| Pay Ratio | 65to 1 |
In 2019, the annual total compensation of Ara K. Hovnanian was $5,802,430.
The annual total compensation of the median employee at Hovnanian Enterprises was $89,065.
The ratio of Ara K. Hovnanian's pay to the pay of median employee was therefore 65 to one.
Hovnanian's colleagues
We found three more compensation records of executives who worked with Ara K. Hovnanian at Hovnanian Enterprises in 2019.