Cavco Industries CEO William Boor receives $4.4M in 2020
Cavco Industries reports 2020 executive compensation
By ExecPay News
Published: June 15, 2020
Cavco Industries reported fiscal year 2020 executive compensation information on June 15, 2020.
In 2020, six executives at Cavco Industries received on average a compensation package of $1.7M, a 87% increase compared to previous year.
Average pay of disclosed executives at Cavco Industries
William C. Boor, Chief Executive Officer, received $4.4M in total. 31% of Boor's compensation, or $1.4M, was in non-equity incentive plan. Boor also received $425K in bonus, $1.1M in option awards, $793K in salary, $702K in stock awards, as well as $34K in other compensation.
For fiscal year 2020, the median employee pay was $50,766 at Cavco Industries. Therefore, the ratio of William C. Boor's pay to the median employee pay was 87 to one.
Daniel L. Urness, Chief Financial Officer, received a compensation package of $2.1M, which increased by 109% compared to previous year. 43% of the compensation package, or $873K, was in option awards.
Larry H. Keener, President,, earned $1.1M in 2020, a 25% increase compared to previous year.
Palm Harbor Villages Mickey R. Dragash, General Counsel, received $911K in 2020.
Mickey R. Dragash, General Counsel, earned $911K in 2020.
Charles E. Lott, President, Fleetwood Homes, Inc, received $856K in 2020, which decreases by 2% compared to 2019.
Cavco Industries' fiscal year ends on April 2.
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Source: SEC filing on June 15, 2020.