Taylor Morrison Home CEO Sheryl Palmer's 2019 pay jumps 23% to $8.3M
Taylor Morrison Home reports 2019 executive compensation
By ExecPay News
Published: April 16, 2020
Taylor Morrison Home reported fiscal year 2019 executive compensation information on April 16, 2020.
In 2019, three executives at Taylor Morrison Home received on average a compensation package of $4.6M, a 28% increase compared to previous year.
Average pay of disclosed executives at Taylor Morrison Home
Sheryl D. Palmer, Chief Executive Officer, received $8.3M in total, which increased by 23% compared to 2018. 39% of Palmer's compensation, or $3.2M, was in non-equity incentive plan. Palmer also received $12K of change in pension value and nonqualified deferred compensation earnings, $1M in option awards, $1M in salary, $3M in stock awards, as well as $27K in other compensation.
For fiscal year 2019, the median employee pay was $94,209 at Taylor Morrison Home. Therefore, the ratio of Sheryl D. Palmer's pay to the median employee pay was 88 to one.
C. David Cone, Chief Financial Officer, received a compensation package of $3.2M, which increased by 34% compared to previous year. 42% of the compensation package, or $1.3M, was in non-equity incentive plan.
Darrell C. Sherman, Chief Legal Officer, earned $2.4M in 2019, a 41% increase compared to previous year.
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Source: SEC filing on April 16, 2020.