J. Larry Sorsby
2008
In 2008, J. Larry Sorsby earned a total compensation of $1.5M as Executive Vice President and Chief Financial Officer at Hovnanian Enterprises, a 41% increase compared to previous year.
Compensation breakdown
| Bonus | $75,000 |
|---|---|
| Non-Equity Incentive Plan | $356,721 |
| Option Awards | $251,250 |
| Salary | $499,023 |
| Stock Awards | $183,456 |
| Other | $182,059 |
| Total | $1,547,509 |
Sorsby received $499K in salary, accounting for 32% of the total pay in 2008.
Sorsby also received $75K in bonus, $356.7K in non-equity incentive plan, $251.3K in option awards, $183.5K in stock awards and $182.1K in other compensation.
Rankings
In 2008, J. Larry Sorsby's compensation ranked 3,127th out of 9,135 executives tracked by ExecPay. In other words, Sorsby earned more than 65.8% of executives.
| Classification | Ranking | Percentile |
|---|---|---|
All | 3,127 out of 9,135 | 66th |
Division Construction | 55 out of 130 | 58th |
Major group Building Construction General Contractors And Operative Builders | 26 out of 52 | 50th |
Industry group Operative Builders | 17 out of 41 | 59th |
Industry Operative Builders | 17 out of 41 | 59th |
Source: SEC filing on January 31, 2011.
Sorsby's colleagues
We found six more compensation records of executives who worked with J. Larry Sorsby at Hovnanian Enterprises in 2008.
2008
Ara Hovnanian
Hovnanian Enterprises
Chief Executive Officer
2008
deceased Hovnanian
Hovnanian Enterprises
Chief Executive Officer
2008
Kevork Hovnanian
Hovnanian Enterprises
Chairman
2008
Paul Buchanan
Hovnanian Enterprises
Chief Accounting Officer
2008
Peter Reinhart
Hovnanian Enterprises
General Counsel
2008
David Valiaveedan
Hovnanian Enterprises