Toll Brothers CEO Douglas Yearley's 2018 pay rises 1% to $10M
Toll Brothers reports 2018 executive compensation
By ExecPay News
Published: February 1, 2019
Toll Brothers reported fiscal year 2018 executive compensation information on February 1, 2019.
In 2018, four executives at Toll Brothers received on average a compensation package of $5.6M, a 3% decrease compared to previous year.
Average pay of disclosed executives at Toll Brothers
Douglas C. Yearley, Jr, Chief Executive Officer, received $10M in total, which increased by 1% compared to 2017. 45% of Yearley's compensation, or $4.5M, was in stock awards. Yearley also received $3.9K of change in pension value and nonqualified deferred compensation earnings, $3M in non-equity incentive plan, $1.5M in option awards, $1M in salary, as well as $39K in other compensation.
Robert I. Toll, Chairman, received a compensation package of $4.8M, which decreased by 17% compared to previous year. 34% of the compensation package, or $1.6M, was in non-equity incentive plan.
Richard T. Hartman, Chief Operating Officer, earned $4M in 2018, a 1% increase compared to previous year.
Martin P. Connor, Chief Financial Officer, received $3.6M in 2018, which increases by 2% compared to 2017.
Toll Brothers' fiscal year ends on October 31.
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Source: SEC filing on February 1, 2019.