M/I Homes CEO Robert Schottenstein's 2021 pay rises 8% to $7.4M
M/I Homes reports 2021 executive compensation
By ExecPay News
Published: April 8, 2022
M/I Homes reported fiscal year 2021 executive compensation information on April 8, 2022.
In 2021, four M/I Homes executives received on average a compensation package of $3.3M, a 21% decrease compared to previous year.
Average pay of disclosed executives at M/I Homes
Robert H. Schottenstein, Chief Executive Officer, received $7.4M in total, which increased by 8% compared to 2020. 47% of Schottenstein's compensation, or $3.5M, was in non-equity incentive plan. Schottenstein also received $1.6M in option awards, $1M in salary, $1M in stock awards, as well as $341K in other compensation.
For fiscal year 2021, the median employee pay was $83,784 at M/I Homes. Therefore, the ratio of Robert H. Schottenstein's pay to the median employee pay was 89 to one.
Phillip G. Creek, Chief Financial Officer, received a compensation package of $3.8M, which increased by 5% compared to previous year. 43% of the compensation package, or $1.6M, was in non-equity incentive plan.
J. Thomas Mason, Chief Legal Officer, earned $1.1M in 2021, a 48% decrease compared to previous year.
Susan E. Krohne, Chief Legal Officer, received $904K in 2021.
Related executives
You may also like
Source: SEC filing on April 8, 2022.