J. Larry Sorsby
2010
In 2010, J. Larry Sorsby earned a total compensation of $2.2M as Executive Vice President and Chief Financial Officer at Hovnanian Enterprises, a 90% increase compared to previous year.
Compensation breakdown
| Non-Equity Incentive Plan | $350,000 |
|---|---|
| Option Awards | $282,750 |
| Salary | $572,308 |
| Stock Awards | $960,001 |
| Other | $52,229 |
| Total | $2,217,288 |
Sorsby received $960K in stock awards, accounting for 43% of the total pay in 2010.
Sorsby also received $350K in non-equity incentive plan, $282.8K in option awards, $572.3K in salary and $52.2K in other compensation.
Rankings
In 2010, J. Larry Sorsby's compensation ranked 2,764th out of 10,439 executives tracked by ExecPay. In other words, Sorsby earned more than 73.5% of executives.
| Classification | Ranking | Percentile |
|---|---|---|
All | 2,764 out of 10,439 | 74th |
Division Construction | 50 out of 170 | 71st |
Major group Building Construction General Contractors And Operative Builders | 26 out of 60 | 57th |
Industry group Operative Builders | 21 out of 49 | 57th |
Industry Operative Builders | 21 out of 49 | 57th |
Source: SEC filing on January 28, 2013.
Sorsby's colleagues
We found five more compensation records of executives who worked with J. Larry Sorsby at Hovnanian Enterprises in 2010.
2010
Ara Hovnanian
Hovnanian Enterprises
Chief Executive Officer
2010
Thomas Pellerito
Hovnanian Enterprises
Chief Operating Officer
2010
David Valiaveedan
Hovnanian Enterprises
Vice President Finance and Treasurer
2010
Peter Reinhart
Hovnanian Enterprises
General Counsel
2010
Paul Buchanan
Hovnanian Enterprises