J. Larry Sorsby

2019

In 2019, J. Larry Sorsby earned a total compensation of $3M as Executive Vice President and Chief Financial Officer at Hovnanian Enterprises, a 8% decrease compared to previous year.

Compensation breakdown

Change in Pension Value and Nonqualified Deferred Compensation Earnings$27,673
Non-Equity Incentive Plan$1,427,160
Option Awards$131,580
Salary$721,188
Stock Awards$565,672
Other$168,627
Total$3,041,900

Sorsby received $1.4M in non-equity incentive plan, accounting for 47% of the total pay in 2019.

Sorsby also received $27.7K of change in pension value and nonqualified deferred compensation earnings, $131.6K in option awards, $721.2K in salary, $565.7K in stock awards and $168.6K in other compensation.

Rankings

In 2019, J. Larry Sorsby's compensation ranked 4,029th out of 13,971 executives tracked by ExecPay. In other words, Sorsby earned more than 71.2% of executives.

ClassificationRankingPercentile
All
4,029
out of 13,971
71st
Division
Construction
64
out of 179
64th
Major group
Building Construction General Contractors And Operative Builders
38
out of 83
54th
Industry group
Operative Builders
28
out of 64
56th
Industry
Operative Builders
28
out of 64
56th

Pay ratio

J. Larry Sorsby's Pay$3,041,900
Median Employee's Pay$89,065
Pay Ratio

34

to 1

In 2019, the annual total compensation of J. Larry Sorsby was $3,041,900.

The annual total compensation of the median employee at Hovnanian Enterprises was $89,065.

The ratio of J. Larry Sorsby's pay to the pay of median employee was therefore 34 to one.

Source: SEC filing on February 7, 2020.

Sorsby's colleagues

We found three more compensation records of executives who worked with J. Larry Sorsby at Hovnanian Enterprises in 2019.

2019

Ara Hovnanian

Hovnanian Enterprises

Chief Executive Officer

2019

Lucian Smith

Hovnanian Enterprises

Chief Operating Officer

2019

Brad O'Connor

Hovnanian Enterprises

Chief Accounting Officer

News

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