deceased Ara K. Hovnanian
2007
In 2007, deceased Ara K. Hovnanian earned a total compensation of $5.4M as President, Chief Executive Officer and Chairman of the Board at Hovnanian Enterprises.
Compensation breakdown
| Option Awards | $3,915,000 |
|---|---|
| Salary | $1,092,606 |
| Other | $375,334 |
| Total | $5,382,940 |
Hovnanian received $3.9M in option awards, accounting for 73% of the total pay in 2007.
Hovnanian also received $1.1M in salary and $375.3K in other compensation.
Rankings
In 2007, deceased Ara K. Hovnanian's compensation ranked 733rd out of 8,700 executives tracked by ExecPay. In other words, Hovnanian earned more than 91.6% of executives.
| Classification | Ranking | Percentile |
|---|---|---|
All | 733 out of 8,700 | 92nd |
Division Construction | 11 out of 139 | 92nd |
Major group Building Construction General Contractors And Operative Builders | 9 out of 56 | 84th |
Industry group Operative Builders | 8 out of 46 | 83rd |
Industry Operative Builders | 8 out of 46 | 83rd |
Source: SEC filing on February 1, 2010.
Hovnanian's colleagues
We found five more compensation records of executives who worked with deceased Ara K. Hovnanian at Hovnanian Enterprises in 2007.
2007
Ara Hovnanian
Hovnanian Enterprises
Chief Executive Officer
2007
Kevork Hovnanian
Hovnanian Enterprises
Chairman
2007
J Sorsby
Hovnanian Enterprises
Chief Financial Officer
2007
Paul Buchanan
Hovnanian Enterprises
Chief Accounting Officer
2007
Peter Reinhart
Hovnanian Enterprises