MDC Holdings CEO Larry Mizel's 2018 pay jumps 21% to $11.6M

MDC Holdings reports 2018 executive compensation

Published: March 4, 2019

MDC Holdings reported fiscal year 2018 executive compensation information on March 4, 2019.

In 2018, four executives at MDC Holdings received on average a compensation package of $6.6M, a 19% increase compared to previous year.

Average pay of disclosed executives at MDC Holdings

Larry A. Mizel, Chief Executive Officer, received $11.6M in total, which increased by 21% compared to 2017. 43.08% of Mizel's compensation, or $5M, was in non-equity incentive plan. Mizel also received $1.4M in option awards, $1M in salary, $4M in stock awards, as well as $191K in other compensation.

David D. Mandarich, Chief Operating Officer, received a compensation package of $11.3M, which increased by 21% compared to previous year. 44.43% of the compensation package, or $5M, was in non-equity incentive plan.

Robert N. Martin, Chief Financial Officer, earned $2.5M in 2018, a 8% increase compared to previous year.

Michael Touff, General Counsel, received $959K in 2018, which increases by 12% compared to 2017.