Taylor Morrison Home CEO Sheryl Palmer's 2021 pay rises 16% to $12M
Taylor Morrison Home reports 2021 executive compensation
By ExecPay News
Published: April 12, 2022
Taylor Morrison Home reported fiscal year 2021 executive compensation information on April 12, 2022.
In 2021, three executives at Taylor Morrison Home received on average a compensation package of $6.6M, a 29% increase compared to previous year.
Average pay of disclosed executives at Taylor Morrison Home
Sheryl D. Palmer, Chief Executive Officer, received $12M in total, which increased by 16% compared to 2020. 46% of Palmer's compensation, or $5.5M, was in non-equity incentive plan. Palmer also received $772 of change in pension value and nonqualified deferred compensation earnings, $1.1M in option awards, $1M in salary, $4.4M in stock awards, as well as $63K in other compensation.
For fiscal year 2021, the median employee pay was $107,478 at Taylor Morrison Home. Therefore, the ratio of Sheryl D. Palmer's pay to the median employee pay was 112 to one.
C. David Cone, Chief Financial Officer, received a compensation package of $4.3M, which increased by 52% compared to previous year. 56% of the compensation package, or $2.4M, was in non-equity incentive plan.
Darrell C. Sherman, Chief Legal Officer, earned $3.4M in 2021, a 59% increase compared to previous year.
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Source: SEC filing on April 12, 2022.