MDC Holdings CEO Larry Mizel's 2019 pay rises 2% to $12M
MDC Holdings reports 2019 executive compensation
By ExecPay News
Published: February 25, 2020
MDC Holdings reported fiscal year 2019 executive compensation information on February 25, 2020.
In 2019, four executives at MDC Holdings received on average a compensation package of $6.7M, a 3% increase compared to previous year.
Larry A. Mizel, Chief Executive Officer, received $12M in total, which increased by 2% compared to 2018. 42% of Mizel's compensation, or $4.9M, was in stock awards. Mizel also received $4M in non-equity incentive plan, $1.6M in option awards, $1M in salary, as well as $298K in other compensation.
David D. Mandarich, Chief Operating Officer, received a compensation package of $11M, which increased by 1% compared to previous year. 43% of the compensation package, or $4.9M, was in stock awards.
Robert N. Martin, Chief Financial Officer, earned $2.8M in 2019, a 15% increase compared to previous year.
Michael Touff, General Counsel, received $1M in 2019, which increases by 7% compared to 2018.