Ara K. Hovnanian

2016

In 2016, Ara K. Hovnanian earned a total compensation of $7.2M as President, Chief Executive Officer and Chairman of the Board at Hovnanian Enterprises, a 17% increase compared to previous year.

Compensation breakdown

Change in Pension Value and Nonqualified Deferred Compensation Earnings$19,683
Non-Equity Incentive Plan$2,418,033
Option Awards$235,474
Salary$1,159,059
Stock Awards$3,000,576
Other$379,368
Total$7,212,193

Hovnanian received $3M in stock awards, accounting for 42% of the total pay in 2016.

Hovnanian also received $19.7K of change in pension value and nonqualified deferred compensation earnings, $2.4M in non-equity incentive plan, $235.5K in option awards, $1.2M in salary and $379.4K in other compensation.

Rankings

In 2016, Ara K. Hovnanian's compensation ranked 890th out of 14,075 executives tracked by ExecPay. In other words, Hovnanian earned more than 93.7% of executives.

ClassificationRankingPercentile
All
890
out of 14,075
94th
Division
Construction
20
out of 205
90th
Major group
Building Construction General Contractors And Operative Builders
16
out of 88
82nd
Industry group
Operative Builders
12
out of 77
84th
Industry
Operative Builders
12
out of 77
84th
Source: SEC filing on January 30, 2017.

Hovnanian's colleagues

We found three more compensation records of executives who worked with Ara K. Hovnanian at Hovnanian Enterprises in 2016.

2016

J Sorsby

Hovnanian Enterprises

Chief Financial Officer

2016

Thomas Pellerito

Hovnanian Enterprises

Chief Operating Officer

2016

Brad O'Connor

Hovnanian Enterprises

Chief Accounting Officer

News

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