J. Larry Sorsby
2018
In 2018, J. Larry Sorsby earned a total compensation of $3.3M as Executive Vice President and Chief Financial Officer at Hovnanian Enterprises, a 59% increase compared to previous year.
Compensation breakdown
| Change in Pension Value and Nonqualified Deferred Compensation Earnings | $20,594 |
|---|---|
| Non-Equity Incentive Plan | $1,394,687 |
| Option Awards | $250,942 |
| Salary | $699,558 |
| Stock Awards | $790,150 |
| Other | $148,815 |
| Total | $3,304,746 |
Sorsby received $1.4M in non-equity incentive plan, accounting for 42% of the total pay in 2018.
Sorsby also received $20.6K of change in pension value and nonqualified deferred compensation earnings, $250.9K in option awards, $699.6K in salary, $790.2K in stock awards and $148.8K in other compensation.
Rankings
In 2018, J. Larry Sorsby's compensation ranked 3,479th out of 14,244 executives tracked by ExecPay. In other words, Sorsby earned more than 75.6% of executives.
| Classification | Ranking | Percentile |
|---|---|---|
All | 3,479 out of 14,244 | 76th |
Division Construction | 58 out of 188 | 69th |
Major group Building Construction General Contractors And Operative Builders | 41 out of 89 | 54th |
Industry group Operative Builders | 33 out of 69 | 52nd |
Industry Operative Builders | 33 out of 69 | 52nd |
Source: SEC filing on February 4, 2019.
Sorsby's colleagues
We found three more compensation records of executives who worked with J. Larry Sorsby at Hovnanian Enterprises in 2018.