Horton D R Chairman Donald Horton's 2022 pay falls 40% to $31M
Horton D R reports 2022 executive compensation
By ExecPay News
Published: December 13, 2022
Horton D R reported fiscal year 2022 executive compensation information on December 13, 2022.
In 2022, five Horton D R executives received on average a compensation package of $19M, a 24% decrease compared to previous year.
Average pay of disclosed executives at Horton D R
Donald R. Horton, Chairman, received $31M in total, which decreased by 40% compared to 2021. 72% of Horton's compensation, or $22M, was in stock awards. Horton also received $484K of change in pension value and nonqualified deferred compensation earnings, $7M in non-equity incentive plan, $1M in salary, as well as $113K in other compensation.
For fiscal year 2022, the median employee pay was $116,088 at Horton D R. Therefore, the ratio of Donald R. Horton's pay to the median employee pay was 263 to one.
David V. Auld, Chief Executive Officer, received a compensation package of $30M, which decreased by 2% compared to previous year. 73% of the compensation package, or $22M, was in stock awards.
Paul J. Romanowski, Chief Operating Officer, earned $14M in 2022.
Michael J. Murray, Chief Operating Officer, received $14M in 2022, which increases by 17% compared to 2021.
Bill W. Wheat, Chief Financial Officer, earned $7.1M in 2022, a 5% increase compared to previous year.
Horton D R's fiscal year ends on September 30.
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Source: SEC filing on December 13, 2022.