Michael Forsum
2020
In 2020, Michael Forsum earned a total compensation of $1.6M as President and Chief Operating Officer at Landsea Homes Corp, a 32% increase compared to previous year.
Compensation breakdown
| Bonus | $342,395 |
|---|---|
| Non-Equity Incentive Plan | $750,000 |
| Salary | $512,500 |
| Other | $13,480 |
| Total | $1,618,375 |
Forsum received $750K in non-equity incentive plan, accounting for 46% of the total pay in 2020.
Forsum also received $342.4K in bonus, $512.5K in salary and $13.5K in other compensation.
Rankings
In 2020, Michael Forsum's compensation ranked 6,503rd out of 13,090 executives tracked by ExecPay. In other words, Forsum earned more than 50.3% of executives.
| Classification | Ranking | Percentile |
|---|---|---|
All | 6,503 out of 13,090 | 50th |
Division Construction | 84 out of 163 | 49th |
Major group Building Construction General Contractors And Operative Builders | 55 out of 79 | 30th |
Industry group Operative Builders | 44 out of 63 | 30th |
Industry Operative Builders | 44 out of 63 | 30th |
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 2020.