Landsea Homes Corp CEO John Ho's 2021 pay jumps 411% to $7.3M
Landsea Homes Corp reports 2021 executive compensation
By ExecPay News
Published: April 26, 2022
Landsea Homes Corp reported fiscal year 2021 executive compensation information on April 26, 2022.
In 2021, three executives at Landsea Homes Corp received on average a compensation package of $5.3M, a 323% increase compared to previous year.
Average pay of disclosed executives at Landsea Homes Corp
John Ho, Chief Executive Officer, received $7.3M in total, which increased by 411% compared to 2020. 53% of Ho's compensation, or $3.9M, was in stock awards. Ho also received $1.7M in bonus, $1.1M in non-equity incentive plan, $607K in salary, as well as $29K in other compensation.
Michael Forsum, Chief Operating Officer, received a compensation package of $7.2M, which increased by 346% compared to previous year. 50% of the compensation package, or $3.6M, was in stock awards.
Franco Tenerelli, Chief Legal Officer, earned $1.5M in 2021, a 104% increase compared to previous year.
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Source: SEC filing on April 26, 2022.