Beazer Homes USA CEO Ian McCarthy's 2008 pay rises 5% to $7.9M
Beazer Homes USA reports 2008 executive compensation
By ExecPay News
Published: December 22, 2008
Beazer Homes USA reported fiscal year 2008 executive compensation information on December 22, 2008.
In 2008, six executives at Beazer Homes USA received on average a compensation package of $2.7M, a 8% increase compared to previous year.
Average pay of disclosed executives at Beazer Homes USA
Ian J. McCarthy, Chief Executive Officer, received $7.9M in total, which increased by 5% compared to 2007. 40% of McCarthy's compensation, or $3.2M, was in stock awards. McCarthy also received $600K in non-equity incentive plan, $2.7M in option awards, $1.2M in salary, as well as $223K in other compensation.
Michael H. Furlow, Division President,, received a compensation package of $4M, which increased by 6% compared to previous year. 37% of the compensation package, or $1.5M, was in stock awards.
Allan P. Merrill, Chief Financial Officer, earned $3.3M in 2008, a 120% increase compared to previous year.
Robert L. Salomon, Chief Accounting Officer, received $405K in 2008.
Michael Douglas, Former Executive Vice President and Special Counsel, earned $290K in 2008, a 15% decrease compared to previous year.
Cory J. Boydston, Former Senior Vice President and Treasurer, received $172K in 2008, which decreases by 54% compared to 2007.
Beazer Homes USA's fiscal year ends on September 30.
Related executives
Ian McCarthy
Beazer Homes USA
Chief Executive Officer
Allan Merrill
Beazer Homes USA
Chief Executive Officer
Robert Salomon
Beazer Homes USA
Chief Financial Officer
Michael Furlow
Beazer Homes USA
Division President,
Michael Douglas
Beazer Homes USA
Former Executive Vice President and Special Counsel
Cory Boydston
Beazer Homes USA
Former Senior Vice President and Treasurer
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Source: SEC filing on December 22, 2008.