J. Larry Sorsby

2020

In 2020, J. Larry Sorsby earned a total compensation of $4.5M as Executive Vice President and Chief Financial Officer at Hovnanian Enterprises, a 48% increase compared to previous year.

Compensation breakdown

Change in Pension Value and Nonqualified Deferred Compensation Earnings$46,580
Non-Equity Incentive Plan$2,828,242
Salary$712,917
Stock Awards$717,725
Other$185,887
Total$4,491,351

Sorsby received $2.8M in non-equity incentive plan, accounting for 63% of the total pay in 2020.

Sorsby also received $46.6K of change in pension value and nonqualified deferred compensation earnings, $712.9K in salary, $717.7K in stock awards and $185.9K in other compensation.

Rankings

In 2020, J. Larry Sorsby's compensation ranked 2,513th out of 13,090 executives tracked by ExecPay. In other words, Sorsby earned more than 80.8% of executives.

ClassificationRankingPercentile
All
2,513
out of 13,090
81st
Division
Construction
36
out of 163
78th
Major group
Building Construction General Contractors And Operative Builders
28
out of 79
65th
Industry group
Operative Builders
22
out of 63
65th
Industry
Operative Builders
22
out of 63
65th

Pay ratio

J. Larry Sorsby's Pay$4,491,351
Median Employee's Pay$97,947
Pay Ratio

46

to 1

In 2020, the annual total compensation of J. Larry Sorsby was $4,491,351.

The annual total compensation of the median employee at Hovnanian Enterprises was $97,947.

The ratio of J. Larry Sorsby's pay to the pay of median employee was therefore 46 to one.

Source: SEC filing on February 12, 2021.

Sorsby's colleagues

We found three more compensation records of executives who worked with J. Larry Sorsby at Hovnanian Enterprises in 2020.

2020

Ara Hovnanian

Hovnanian Enterprises

Chief Executive Officer

2020

Lucian Smith

Hovnanian Enterprises

Chief Operating Officer

2020

Brad O'Connor

Hovnanian Enterprises

Chief Accounting Officer

News

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