Toll Brothers CEO Douglas Yearley's 2021 pay jumps 22% to $12M
Toll Brothers reports 2021 executive compensation
By ExecPay News
Published: January 27, 2022
Toll Brothers reported fiscal year 2021 executive compensation information on January 27, 2022.
In 2021, four executives at Toll Brothers received on average a compensation package of $5.8M, a 21% increase compared to previous year.
Average pay of disclosed executives at Toll Brothers
Douglas C. Yearley, Jr, Chief Executive Officer, received $12M in total, which increased by 22% compared to 2020. 46% of Yearley's compensation, or $5.6M, was in stock awards. Yearley also received $8.2K of change in pension value and nonqualified deferred compensation earnings, $5.4M in non-equity incentive plan, $1.1M in salary, as well as $54K in other compensation.
For fiscal year 2021, the median employee pay was $87,815 at Toll Brothers. Therefore, the ratio of Douglas C. Yearley, Jr's pay to the median employee pay was 139 to one.
Martin P. Connor, Chief Financial Officer, received a compensation package of $4.2M, which increased by 7% compared to previous year. 43% of the compensation package, or $1.8M, was in non-equity incentive plan.
James W. Boyd, Chief Operating Officer, earned $3.5M in 2021, a 21% increase compared to previous year.
Robert Parahus, Chief Operating Officer, received $3.4M in 2021, which increases by 38% compared to 2020.
Toll Brothers' fiscal year ends on October 31.
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Source: SEC filing on January 27, 2022.