Taylor Morrison Home CEO Sheryl Palmer's 2020 pay jumps 25% to $10M
Taylor Morrison Home reports 2020 executive compensation
By ExecPay News
Published: April 16, 2021
Taylor Morrison Home reported fiscal year 2020 executive compensation information on April 16, 2021.
In 2020, three executives at Taylor Morrison Home received on average a compensation package of $5.1M, a 10% increase compared to previous year.
Average pay of disclosed executives at Taylor Morrison Home
Sheryl D. Palmer, Chief Executive Officer, received $10M in total, which increased by 25% compared to 2019. 37% of Palmer's compensation, or $3.8M, was in option awards. Palmer also received $8.9K of change in pension value and nonqualified deferred compensation earnings, $2.3M in non-equity incentive plan, $1M in salary, $3.2M in stock awards, as well as $38K in other compensation.
For fiscal year 2020, the median employee pay was $98,192 at Taylor Morrison Home. Therefore, the ratio of Sheryl D. Palmer's pay to the median employee pay was 106 to one.
C. David Cone, Chief Financial Officer, received a compensation package of $2.8M, which decreased by 11% compared to previous year. 35% of the compensation package, or $990K, was in stock awards.
Darrell C. Sherman, Chief Legal Officer, earned $2.1M in 2020, a 12% decrease compared to previous year.
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Source: SEC filing on April 16, 2021.