Thursday, June 27, 2019

Miami, Florida-Based HomeBuilder Lennar Corp Top-Tier US Executives Average Pay Raise Was 16.9% Per Year During the Past Ten Years (2009-2018)

Democratic Presidential Candidate Pete Buttigieg Along With Nine Other Accomplished Candidates Will Be Having a Televised Debate Tonight in Miami, Florida.  Thus Giving Due Consideration to the Huge and Continuing Pay Inequality Expansion, I Think It Might Be Helpful to Research Just How Some Large Florida Companies Have Performed on the Annual Percentage Pay Raise Front
...................................................................

From SEC Proxy Statement Filings, below are the HomeBuilder Lennar Corp's Top-Tier Executives Annual Total Compensation for each of two consecutive full years of employment for the most recent ten years.

I will continue this same research for at least one other large Florida Company to get a better handle on just why the US has such massive continuing Income Inequality Expansion.


  FYE FYE FYE FYE FYE FYE FYE FYE FYE FYE FYE FYE
Lennar Corp 2018 2017 2017 2016 2016 2015 2015 2014 2014 2013 2013 2012
Top-Tier Total Total Total Total Total Total Total Total Total Total Total Total
Executive Comp Comp Comp Comp Comp Comp Comp Comp Comp Comp Comp Comp
$ 000s $ 000s $ 000s $ 000s $ 000s $ 000s $ 000s $ 000s $ 000s $ 000s $ 000s $ 000s
Miller     20,071     19,128     19,128     19,225     19,225     17,910     17,910     17,910     17,910     13,709     13,709     12,958
Beckwitt     17,583     17,046     17,046     17,189     17,189     16,014     16,014     16,014     16,014     12,112     12,112     11,370
Jaffe     15,511     15,093     15,093     15,465     15,465     14,441     14,441     14,490     14,490     10,561     10,561       9,817
Gross       4,518       5,151       5,151       5,031       5,031       4,833       4,833       3,517       3,517       3,165       3,165       2,634
Sustana       2,464       2,264       2,264       2,107       2,107       2,065       2,065       1,595       1,595       1,567       1,567       1,146
Totals     60,147     58,682     58,682     59,017     59,017     55,263     55,263     53,526     53,526     41,114     41,114     37,925
Annual % Change 2.5% -0.6% 6.8% 3.2% 30.2% 8.4%
  FYE FYE FYE FYE FYE FYE FYE FYE
Lennar Corp 2012 2011 2011 2010 2010 2009 2009 2008
Top-Tier Total Total Total Total Total Total Total Total
Executive Comp Comp Comp Comp Comp Comp Comp Comp
$ 000s $ 000s $ 000s $ 000s $ 000s $ 000s $ 000s $ 000s
Miller     12,958     11,866     11,866       9,663       9,663       7,368       7,368       1,058
Beckwitt     11,370       6,262       6,262       5,664       5,664       3,905       3,905       4,583
Jaffe       9,817       6,262       6,262       5,661       5,661       4,008       4,008       4,692
Gross       2,634       2,594       2,594       2,146       2,146       1,629       1,629       1,693
Sustana       1,146       1,127       1,127          922  N/A   N/A 
Bessette          982          757          757       1,500
Totals     37,925     28,111     28,111     24,056     24,116     17,667     17,667     13,526
Annual % Change 34.9% 16.9% 36.5% 30.6%
10 Year Avg Per Year % Change 16.9%