Horton D R Chairman Donald Horton's 2019 pay slips 4% to $25M
Horton D R reports 2019 executive compensation
By ExecPay News
Published: December 19, 2019
Horton D R reported fiscal year 2019 executive compensation information on December 19, 2019.
In 2019, four Horton D R executives received on average a compensation package of $12M, a 4% decrease compared to previous year.
Average pay of disclosed executives at Horton D R
Donald R. Horton, Chairman, received $25M in total, which decreased by 4% compared to 2018. 52% of Horton's compensation, or $13M, was in non-equity incentive plan. Horton also received $278K of change in pension value and nonqualified deferred compensation earnings, $1M in salary, $10M in stock awards, as well as $112K in other compensation.
For fiscal year 2019, the median employee pay was $86,531 at Horton D R. Therefore, the ratio of Donald R. Horton's pay to the median employee pay was 284 to one.
David V. Auld, Chief Executive Officer, received a compensation package of $14M, which decreased by 3% compared to previous year. 59% of the compensation package, or $8.5M, was in non-equity incentive plan.
Michael J. Murray, Chief Operating Officer, earned $5.9M in 2019, a 2% decrease compared to previous year.
Bill W. Wheat, Chief Financial Officer, received $4.5M in 2019, which decreases by 7% compared to 2018.
Horton D R's fiscal year ends on September 30.
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Source: SEC filing on December 19, 2019.