Michael Forsum
2021
In 2021, Michael Forsum earned a total compensation of $7.2M as President and Chief Operating Officer at Landsea Homes Corp, a 346% increase compared to previous year.
Compensation breakdown
| Bonus | $1,707,215 |
|---|---|
| Non-Equity Incentive Plan | $1,337,000 |
| Salary | $558,478 |
| Stock Awards | $3,601,090 |
| Other | $13,480 |
| Total | $7,217,263 |
Forsum received $3.6M in stock awards, accounting for 50% of the total pay in 2021.
Forsum also received $1.7M in bonus, $1.3M in non-equity incentive plan, $558.5K in salary and $13.5K in other compensation.
Rankings
In 2021, Michael Forsum's compensation ranked 1,678th out of 12,397 executives tracked by ExecPay. In other words, Forsum earned more than 86.5% of executives.
| Classification | Ranking | Percentile |
|---|---|---|
All | 1,678 out of 12,397 | 87th |
Division Construction | 22 out of 142 | 85th |
Major group Building Construction General Contractors And Operative Builders | 20 out of 75 | 73rd |
Industry group Operative Builders | 16 out of 59 | 73rd |
Industry Operative Builders | 16 out of 59 | 73rd |
Source: SEC filing on April 26, 2022.
Forsum's colleagues
We found two more compensation records of executives who worked with Michael Forsum at Landsea Homes Corp in 2021.