LGI Homes Management
Management criteria checks 3/4
LGI Homes' CEO is Eric Lipar, appointed in Jan 2009, has a tenure of 15.25 years. total yearly compensation is $6.59M, comprised of 14.8% salary and 85.2% bonuses, including company stock and options. directly owns 9.89% of the company’s shares, worth €208.41M. The average tenure of the management team and the board of directors is 14.3 years and 10.8 years respectively.
Key information
Eric Lipar
Chief executive officer
US$6.6m
Total compensation
| CEO salary percentage | 14.8% |
| CEO tenure | 15.3yrs |
| CEO ownership | 9.9% |
| Management average tenure | 14.3yrs |
| Board average tenure | 10.8yrs |
Recent management updates
Recent updates
CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Dec 31 2023 | US$7m | US$975k | US$199m |
| Sep 30 2023 | n/a | n/a | US$181m |
| Jun 30 2023 | n/a | n/a | US$205m |
| Mar 31 2023 | n/a | n/a | US$275m |
| Dec 31 2022 | US$6m | US$975k | US$327m |
| Sep 30 2022 | n/a | n/a | US$404m |
| Jun 30 2022 | n/a | n/a | US$414m |
| Mar 31 2022 | n/a | n/a | US$409m |
| Dec 31 2021 | US$7m | US$950k | US$430m |
| Sep 30 2021 | n/a | n/a | US$455m |
| Jun 30 2021 | n/a | n/a | US$443m |
| Mar 31 2021 | n/a | n/a | US$381m |
| Dec 31 2020 | US$5m | US$850k | US$324m |
| Sep 30 2020 | n/a | n/a | US$252m |
| Jun 30 2020 | n/a | n/a | US$213m |
| Mar 31 2020 | n/a | n/a | US$203m |
| Dec 31 2019 | US$4m | US$825k | US$179m |
| Sep 30 2019 | n/a | n/a | US$156m |
| Jun 30 2019 | n/a | n/a | US$145m |
| Mar 31 2019 | n/a | n/a | US$146m |
| Dec 31 2018 | US$4m | US$825k | US$155m |
| Sep 30 2018 | n/a | n/a | US$148m |
| Jun 30 2018 | n/a | n/a | US$144m |
| Mar 31 2018 | n/a | n/a | US$129m |
| Dec 31 2017 | US$4m | US$770k | US$113m |
Compensation vs Market: Eric's total compensation ($USD6.59M) is above average for companies of similar size in the German market ($USD1.62M).
Compensation vs Earnings: Eric's compensation has been consistent with company performance over the past year.
CEO
Eric Lipar (52 yo)
15.3yrs
Tenure
US$6,593,282
Compensation
Mr. Eric Thomas Lipar has been the Chairman of LGI Homes, Inc. since July 2013 and has been its Chief Executive Officer since 2009. Mr. Lipar served as the President of LGI Homes, Inc. from 2003 to 2009. M...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Chairman & CEO | 15.3yrs | US$6.59m | 9.89% $ 208.4m | |
| President & COO | 15.3yrs | US$2.70m | 0.86% $ 18.2m | |
| CFO & Treasurer | 14.3yrs | US$2.44m | 0.64% $ 13.4m | |
| General Counsel & Corporate Secretary | 6yrs | US$1.23m | 0.059% $ 1.2m | |
| Vice President of Investor Relations & Capital Markets | no data | no data | no data | |
| Chief Marketing Officer | 10.8yrs | US$1.13m | 0% $ 0 | |
| Executive Vice President of Acquisitions | no data | US$1.07m | 0% $ 0 | |
| Southwest Division President | no data | no data | no data |
14.3yrs
Average Tenure
52yo
Average Age
Experienced Management: LG1's management team is seasoned and experienced (14.3 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Chairman & CEO | 10.8yrs | US$6.59m | 9.89% $ 208.4m | |
| Independent Director | 2.3yrs | US$230.02k | 0.016% $ 339.4k | |
| Independent Director | 10.8yrs | US$230.02k | 0.093% $ 2.0m | |
| Independent Director | 10.8yrs | US$245.07k | 0.088% $ 1.9m | |
| Lead Independent Director | 10.8yrs | US$275.02k | 0.47% $ 9.8m | |
| Independent Director | 9.4yrs | US$250.07k | 0.16% $ 3.3m | |
| Independent Director | 2.3yrs | US$230.07k | 0.012% $ 249.8k |
10.8yrs
Average Tenure
52yo
Average Age
Experienced Board: LG1's board of directors are seasoned and experienced ( 10.8 years average tenure).