J. Larry Sorsby
2016
In 2016, J. Larry Sorsby earned a total compensation of $2.8M as Executive Vice President and Chief Financial Officer at Hovnanian Enterprises, a 26% increase compared to previous year.
Compensation breakdown
| Change in Pension Value and Nonqualified Deferred Compensation Earnings | $7,564 |
|---|---|
| Non-Equity Incentive Plan | $875,512 |
| Option Awards | $235,474 |
| Salary | $655,587 |
| Stock Awards | $899,039 |
| Other | $140,018 |
| Total | $2,813,194 |
Sorsby received $899K in stock awards, accounting for 32% of the total pay in 2016.
Sorsby also received $7.6K of change in pension value and nonqualified deferred compensation earnings, $875.5K in non-equity incentive plan, $235.5K in option awards, $655.6K in salary and $140K in other compensation.
Rankings
In 2016, J. Larry Sorsby's compensation ranked 3,445th out of 14,075 executives tracked by ExecPay. In other words, Sorsby earned more than 75.5% of executives.
| Classification | Ranking | Percentile |
|---|---|---|
All | 3,445 out of 14,075 | 76th |
Division Construction | 65 out of 205 | 68th |
Major group Building Construction General Contractors And Operative Builders | 42 out of 88 | 52nd |
Industry group Operative Builders | 36 out of 77 | 53rd |
Industry Operative Builders | 36 out of 77 | 53rd |
Source: SEC filing on January 30, 2017.
Sorsby's colleagues
We found three more compensation records of executives who worked with J. Larry Sorsby at Hovnanian Enterprises in 2016.