Saturday, March 14, 2020

Miami, Florida-Based Homebuilder Lennar's Top-Tier Executives Average Annual Pay and Benefits Raise Was a Blistering 20.9% Per Year During the Eight Years (2009-2016) That Joe Biden Was US VP

From Company Proxy Statement filings with the SEC, below are Homebuilder Lennar's Top-Tier Executives Annual Total Compensation for each of two consecutive full years of employment for the most recent eleven years.


  FYE FYE FYE FYE FYE FYE
Lennar Corp 2019 2018 2018 2017 2017 2016
Top-Tier Total Total Total Total Total Total
Executive Comp Comp Comp Comp Comp Comp
$ 000s $ 000s $ 000s $ 000s $ 000s $ 000s
Miller Executive Chairman     20,879     20,071     20,071     19,128     19,128     19,225
Beckwitt CEO     18,280     17,583     17,583     17,046     17,046     17,189
Jaffe     16,119     15,511     15,511     15,093     15,093     15,465
Bessette CFO       3,766       3,017
McCall  N/A   N/A 
Gross           4,518       5,151       5,151       5,031
Sustana           2,464       2,264       2,264       2,107
Totals     59,044     56,182     60,147     58,682     58,682     59,017
Annual % Change vs Prior Year 5.1% 2.5% -0.6%
3 Year Average Per Year % Change 2.3%
FYE FYE FYE FYE FYE FYE FYE FYE
Lennar Corp 2016 2015 2015 2014 2014 2013 2013 2012
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     19,225     17,910     17,910     17,910     17,910     13,709     13,709     12,958
Beckwitt     17,189     16,014     16,014     16,014     16,014     12,112     12,112     11,370
Jaffe     15,465     14,441     14,441     14,490     14,490     10,561     10,561       9,817
Gross       5,031       4,833       4,833       3,517       3,517       3,165       3,165       2,634
Sustana       2,107       2,065       2,065       1,595       1,595       1,567       1,567       1,146
Totals     59,017     55,263     55,263     53,526     53,526     41,114     41,114     37,925
Annual % Change vs Prior Year 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 vs Prior Year 34.9% 16.9% 36.5% 30.6%
8 Year (2009-2016) Average Per Year % Change When Joe Biden Was US VP 20.9%