Meritage Homes CEO Phillippe Lord's 2021 pay jumps 40% to $7.9M
Meritage Homes reports 2021 executive compensation
By ExecPay News
Published: March 24, 2022
Meritage Homes reported fiscal year 2021 executive compensation information on March 24, 2022.
In 2021, six executives at Meritage Homes received on average a compensation package of $4.5M, a 2% decrease compared to previous year.
Average pay of disclosed executives at Meritage Homes
Phillippe Lord, Chief Executive Officer, received $7.9M in total, which increased by 40% compared to 2020. 51% of Lord's compensation, or $4M, was in non-equity incentive plan. Lord also received $850K in salary, $3M in stock awards, as well as $60K in other compensation.
C. Timothy White, Secretary, received a compensation package of $6.4M, which increased by 136% compared to previous year. 60% of the compensation package, or $3.8M, was in other compensation.
Clint Szubinski, Chief Operating Officer, earned $4.2M in 2021.
Hilla Sferruzza, Chief Financial Officer, received $3.7M in 2021, which increases by 5% compared to 2020.
Steven J. Hilton, Chairman, earned $3M in 2021, a 68% decrease compared to previous year.
Javier Feliciano, EVP and CPO, received $1.5M in 2021, which increases by 19% compared to 2020.
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Source: SEC filing on March 24, 2022.