Toll Brothers reports 2018 executive compensation
CEO Douglas C. Yearley, Jr receives $10M
Toll Brothers reported fiscal year 2018 executive compensation information on February 1, 2019.
In 2018, four executives at Toll Brothers received on average a compensation package of $5,583,394, a 3% decrease compared to previous year.Average pay of disclosed executives at Toll Brothers
Douglas C. Yearley, Jr, Chief Executive Officer, received $9,965,247 in total, which increased by 1% compared to 2017. 45.16% of Yearley's compensation, or $4,499,838, was in stock awards. Yearley also received $3,926 of change in pension value and nonqualified deferred compensation earnings, $2,957,027 in non-equity incentive plan, $1,465,602 in option awards, $1,000,000 in salary, as well as $38,854 in other compensation.
Robert I. Toll, Chairman, received a compensation package of $4,792,301, which decreased by 17% compared to previous year. 33.90% of the compensation package, or $1,624,740, was in non-equity incentive plan.
Richard T. Hartman, Chief Operating Officer, earned $3,966,629 in 2018, a 1% increase compared to previous year.
Martin P. Connor, Chief Financial Officer, received $3,609,398 in 2018, which increases by 2% compared to 2017.
Toll Brothers' fiscal year ends on October 31.