Ara K. Hovnanian
2020
Compensation breakdown
| Change in Pension Value and Nonqualified Deferred Compensation Earnings | $54,484 |
|---|---|
| Non-Equity Incentive Plan | $5,887,437 |
| Salary | $1,252,429 |
| Stock Awards | $1,435,450 |
| Other | $373,142 |
| Total | $9,002,942 |
Hovnanian received $5.9M in non-equity incentive plan, accounting for 65% of the total pay in 2020.
Hovnanian also received $54.5K of change in pension value and nonqualified deferred compensation earnings, $1.3M in salary, $1.4M in stock awards and $373.1K in other compensation.
Rankings
In 2020, Ara K. Hovnanian's compensation ranked 989th out of 13,090 executives tracked by ExecPay. In other words, Hovnanian earned more than 92.4% of executives.
| Classification | Ranking | Percentile |
|---|---|---|
All | 989 out of 13,090 | 92nd |
Division Construction | 15 out of 163 | 91st |
Major group Building Construction General Contractors And Operative Builders | 12 out of 79 | 85th |
Industry group Operative Builders | 9 out of 63 | 86th |
Industry Operative Builders | 9 out of 63 | 86th |
Pay ratio
| Ara K. Hovnanian's Pay | $9,002,942 |
|---|---|
| Median Employee's Pay | $97,947 |
| Pay Ratio | 92to 1 |
In 2020, the annual total compensation of Ara K. Hovnanian was $9,002,942.
The annual total compensation of the median employee at Hovnanian Enterprises was $97,947.
The ratio of Ara K. Hovnanian's pay to the pay of median employee was therefore 92 to one.
Hovnanian's colleagues
We found three more compensation records of executives who worked with Ara K. Hovnanian at Hovnanian Enterprises in 2020.