Ara K. Hovnanian
2015
In 2015, Ara K. Hovnanian earned a total compensation of $6.2M as President, Chief Executive Officer and Chairman of the Board at Hovnanian Enterprises, a 4% increase compared to previous year.
Compensation breakdown
| Bonus | $1,180,014 |
|---|---|
| Change in Pension Value and Nonqualified Deferred Compensation Earnings | $4,260 |
| Non-Equity Incentive Plan | $823,729 |
| Salary | $1,120,972 |
| Stock Awards | $2,488,887 |
| Other | $555,265 |
| Total | $6,173,127 |
Hovnanian received $2.5M in stock awards, accounting for 40% of the total pay in 2015.
Hovnanian also received $1.2M in bonus, $4.3K of change in pension value and nonqualified deferred compensation earnings, $823.7K in non-equity incentive plan, $1.1M in salary and $555.3K in other compensation.
Rankings
In 2015, Ara K. Hovnanian's compensation ranked 1,188th out of 13,638 executives tracked by ExecPay. In other words, Hovnanian earned more than 91.3% of executives.
| Classification | Ranking | Percentile |
|---|---|---|
All | 1,188 out of 13,638 | 91st |
Division Construction | 19 out of 201 | 91st |
Major group Building Construction General Contractors And Operative Builders | 13 out of 91 | 86th |
Industry group Operative Builders | 10 out of 83 | 88th |
Industry Operative Builders | 10 out of 83 | 88th |
Source: SEC filing on January 30, 2017.
Hovnanian's colleagues
We found four more compensation records of executives who worked with Ara K. Hovnanian at Hovnanian Enterprises in 2015.