Ara K. Hovnanian
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, a 27% decrease compared to previous year.
Compensation breakdown
| 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, accounting for 38% of the total pay in 2017.
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.
Rankings
In 2017, Ara K. Hovnanian's compensation ranked 1,756th out of 14,666 executives tracked by ExecPay. In other words, Hovnanian earned more than 88.0% of executives.
| Classification | Ranking | Percentile |
|---|---|---|
All | 1,756 out of 14,666 | 88th |
Division Construction | 25 out of 206 | 88th |
Major group Building Construction General Contractors And Operative Builders | 21 out of 91 | 77th |
Industry group Operative Builders | 14 out of 74 | 81st |
Industry Operative Builders | 14 out of 74 | 81st |
Source: SEC filing on January 26, 2018.
Hovnanian's colleagues
We found three more compensation records of executives who worked with Ara K. Hovnanian at Hovnanian Enterprises in 2017.