Ara K. Hovnanian
2016
In 2016, Ara K. Hovnanian earned a total compensation of $7.2M as President, Chief Executive Officer and Chairman of the Board at Hovnanian Enterprises, a 17% increase compared to previous year.
Compensation breakdown
| Change in Pension Value and Nonqualified Deferred Compensation Earnings | $19,683 |
|---|---|
| Non-Equity Incentive Plan | $2,418,033 |
| Option Awards | $235,474 |
| Salary | $1,159,059 |
| Stock Awards | $3,000,576 |
| Other | $379,368 |
| Total | $7,212,193 |
Hovnanian received $3M in stock awards, accounting for 42% of the total pay in 2016.
Hovnanian also received $19.7K of change in pension value and nonqualified deferred compensation earnings, $2.4M in non-equity incentive plan, $235.5K in option awards, $1.2M in salary and $379.4K in other compensation.
Rankings
In 2016, Ara K. Hovnanian's compensation ranked 890th out of 14,075 executives tracked by ExecPay. In other words, Hovnanian earned more than 93.7% of executives.
| Classification | Ranking | Percentile |
|---|---|---|
All | 890 out of 14,075 | 94th |
Division Construction | 20 out of 205 | 90th |
Major group Building Construction General Contractors And Operative Builders | 16 out of 88 | 82nd |
Industry group Operative Builders | 12 out of 77 | 84th |
Industry Operative Builders | 12 out of 77 | 84th |
Source: SEC filing on January 30, 2017.
Hovnanian's colleagues
We found three more compensation records of executives who worked with Ara K. Hovnanian at Hovnanian Enterprises in 2016.