Taylor Morrison Home CEO Sheryl Palmer's 2018 pay rises 10% to $6.8M
Taylor Morrison Home reports 2018 executive compensation
By ExecPay News
Published: April 16, 2019
Taylor Morrison Home reported fiscal year 2018 executive compensation information on April 16, 2019.
In 2018, three executives at Taylor Morrison Home received on average a compensation package of $3.6M, a 4% increase compared to previous year.
Sheryl D. Palmer, Chief Executive Officer, received $6.8M in total, which increased by 10% compared to 2017. 45% of Palmer's compensation, or $3.1M, was in stock awards. Palmer also received $436K in bonus, $1.3M in non-equity incentive plan, $1M in option awards, $1M in salary, as well as $31K in other compensation.
For fiscal year 2018, the median employee pay was $94,045 at Taylor Morrison Home. Therefore, the ratio of Sheryl D. Palmer's pay to the median employee pay was 72 to one.
C. David Cone, Chief Financial Officer, received a compensation package of $2.4M, which decreased by 3% compared to previous year. 38% of the compensation package, or $902K, was in stock awards.
Darrell C. Sherman, Chief Legal Officer, earned $1.7M in 2018, a 5% decrease compared to previous year.