D.R. Horton Management

Management criteria checks 3/4

D.R. Horton's CEO is Paul Romanowski, appointed in Oct 2023, has a tenure of less than a year. total yearly compensation is $14.19M, comprised of 3.5% salary and 96.5% bonuses, including company stock and options. directly owns 0.029% of the company’s shares, worth $13.80M. The average tenure of the management team and the board of directors is 2.5 years and 7.4 years respectively.

Key information

Paul Romanowski

Chief executive officer

US$14.2m

Total compensation

CEO salary percentage	3.5%
CEO tenure	less than a year
CEO ownership	0.03%
Management average tenure	2.5yrs
Board average tenure	7.4yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Paul Romanowski's remuneration changed compared to D.R. Horton's earnings?
Date	Total Compensation	Salary	Company Earnings
Mar 31 2024	n/a	n/a	US$5b
Dec 31 2023	n/a	n/a	US$5b
Sep 30 2023	US$14m	US$500k	US$5b
Jun 30 2023	n/a	n/a	US$5b
Mar 31 2023	n/a	n/a	US$5b
Dec 31 2022	n/a	n/a	US$6b
Sep 30 2022	US$14m	US$500k	US$6b

Compensation vs Market: Paul's total compensation ($USD14.19M) is above average for companies of similar size in the UK market ($USD5.62M).

Compensation vs Earnings: Paul's compensation has been consistent with company performance over the past year.

CEO

Paul Romanowski (52 yo)

less than a year

Tenure

US$14,189,342

Compensation

Mr. Paul J. Romanowski served as the Executive Vice President and Co-Chief Operating Officer at DR Horton Inc. since October 1, 2021 until October 01, 2023 and serves as its Chief Executive Officer, Presid...

Leadership Team

Name	Position	Tenure	Compensation	Ownership
Donald Horton	Chairman of the Board	32.8yrs	US$32.63m	1.31% $ 613.7m
Paul Romanowski	President	less than a year	US$14.19m	0.029% $ 13.8m
David Auld	Executive Vice Chair	1.3yrs	US$32.08m	0.30% $ 143.0m
Bill Wheat	Executive VP & CFO	20.6yrs	US$8.49m	0.080% $ 37.4m
Michael Murray	Executive VP & COO	less than a year	US$14.17m	0.098% $ 46.1m
Aron Odom	Senior VP & Corporate Controller	4.5yrs	no data	0.0023% $ 1.1m
Collin Dawson	Vice President of Corporate Finance & Treasurer	no data	no data	no data
Jessica Hansen	Vice President of Investor Relations	no data	no data	no data
Thomas Montano	Senior VP	no data	no data	no data
Matt Farris	President of West Region	no data	no data	no data
Tom Hill	President of East Region	no data	no data	no data
Doug Brown	President of North Region	8.5yrs	no data	no data

2.5yrs

Average Tenure

57yo

Average Age

Experienced Management: 0I6K's management team is considered experienced (2.5 years average tenure).

Board Members

Name	Position	Tenure	Compensation	Ownership
Donald Horton	Chairman of the Board	32.8yrs	US$32.63m	1.31% $ 613.7m
Paul Romanowski	President	less than a year	US$14.19m	0.029% $ 13.8m
David Auld	Executive Vice Chair	1.3yrs	US$32.08m	0.30% $ 143.0m
Michael Buchanan	Independent Director	21.3yrs	US$146.65k	0.0036% $ 1.7m
Bradley Anderson	Independent Director	26.1yrs	US$151.65k	0.010% $ 4.7m
Benjamin Carson	Independent Director	3.1yrs	US$592.41k	0.0017% $ 816.5k
Maribess Miller	Independent Presiding Director	4.5yrs	US$154.15k	0.0053% $ 2.5m
Barbara Allen	Independent Director	10.3yrs	US$154.15k	0.0017% $ 807.1k

7.4yrs

Average Tenure

71yo

Average Age

Experienced Board: 0I6K's board of directors are considered experienced (7.4 years average tenure).

D.R. Horton Management

Management criteria checks 3/4

Key information

Recent management updates

Executive Vice Chair recently sold US$3.9m worth of stock

Independent Director recently sold US$1.5m worth of stock

D.R. Horton, Inc., Annual General Meeting, Jan 17, 2024

D.R. Horton, Inc. Announces Chief Executive Officer Changes

VP & Corporate Controller recently sold US$96k worth of stock

D.R. Horton, Inc. Appoints David V. Auld as Chief Executive Officer

Recent updates

Upcoming dividend of US$0.30 per share

Upcoming dividend of US$0.30 per share

Second quarter dividend of US$0.30 announced

D.R. Horton, Inc. Declares Quarterly Cash Dividend, Payable on May 9, 2024

Second quarter 2024 earnings released: EPS: US$3.54 (vs US$2.75 in 2Q 2023)

Executive Vice Chair recently sold US$3.9m worth of stock

D.R. Horton, Inc. to Report Q2, 2024 Results on Apr 18, 2024

Upcoming dividend of US$0.30 per share at 0.9% yield

First quarter dividend of US$0.30 announced

First quarter 2024 earnings released: EPS: US$2.84 (vs US$2.79 in 1Q 2023)

D.R. Horton, Inc. Declares Cash Dividend, Payable on February 13, 2024

Independent Director recently sold US$1.5m worth of stock

D.R. Horton, Inc., Annual General Meeting, Jan 17, 2024

D.R. Horton, Inc. to Report Q1, 2024 Results on Jan 23, 2024

Upcoming dividend of US$0.30 per share at 1.0% yield

D.R. Horton, Inc. (NYSE:DHI) announces an Equity Buyback for $1,500 million worth of its shares.

D.R. Horton, Inc. Provides Consolidated Earnings Guidance for the Fiscal 2024

Full year 2023 earnings released: EPS: US$13.93 (vs US$16.66 in FY 2022)

Investor sentiment improves as stock rises 16%

New major risk - Revenue and earnings growth

New major risk - Revenue and earnings growth

D.R. Horton Chicago Announces New Townhomes for Rent in Hampshire, IL

D.R. Horton, Inc. Announces Chief Executive Officer Changes

Upcoming dividend of US$0.25 per share at 0.8% yield

D.R. Horton, Inc. Updates Consolidated Earnings Guidance for Fiscal 2023

Third quarter 2023 earnings released: EPS: US$3.93 (vs US$4.70 in 3Q 2022)

D.R. Horton, Inc. (NYSE:DHI) acquired Truland Homes, LLC for approximately $100 million.

D.R. Horton, Inc.(NYSE:DHI) dropped from Russell 1000 Growth Index

D.R. Horton, Inc. to Report Q3, 2023 Results on Jul 20, 2023

Second quarter 2023 earnings released: EPS: US$2.75 (vs US$4.07 in 2Q 2022)

VP & Corporate Controller recently sold US$96k worth of stock

D.R. Horton, Inc. Appoints David V. Auld as Chief Executive Officer

Upcoming dividend of US$0.25 per share at 1.0% yield

D.R. Horton, Inc. Declares Quarterly Dividend, Payable on February 14, 2023

First quarter 2023 earnings released: EPS: US$2.79 (vs US$3.21 in 1Q 2022)

D.R. Horton, Inc. (NYSE:DHI) acquired Riggins Custom Homes for approximately $110 million.

D.R. Horton, Inc. to Report Q1, 2023 Results on Jan 24, 2023

D.R. Horton, Inc., Annual General Meeting, Jan 18, 2023

Independent Director recently sold US$173k worth of stock

Upcoming dividend of US$0.25 per share

Full year 2022 earnings released: EPS: US$16.66 (vs US$11.56 in FY 2021)

VP & Corporate Controller recently sold US$109k worth of stock

Full year 2022 earnings released: EPS: US$16.66 (vs US$11.56 in FY 2021)

D.R. Horton, Inc. Declares Quarterly Cash Dividend, Payable on December 12, 2022

Investor sentiment improved over the past week

Independent Director recently sold US$155k worth of stock

D.R. Horton, Inc. to Report Q4, 2022 Results on Nov 09, 2022

D.R. Horton, Inc. Announces Passing of Board Member Michael W. Hewatt

Independent Director recently sold US$308k worth of stock

Upcoming dividend of US$0.23 per share

VP & Corporate Controller recently sold US$389k worth of stock

Third quarter 2022 earnings released: EPS: US$4.70 (vs US$3.10 in 3Q 2021)

D.R. Horton, Inc. Announces Revenue Guidance for the Fourth Quarter of 2022

Investor sentiment deteriorated over the past week

D.R. Horton, Inc. to Report Q3, 2022 Results on Jul 21, 2022

Independent Director recently sold US$132k worth of stock

D.R. Horton, Inc. (NYSE:DHI) completed the acquisition of Vidler Water Resources, Inc. (NasdaqGS:VWTR).

Upcoming dividend of US$0.23 per share

Second quarter 2022 earnings released: EPS: US$4.07 (vs US$2.57 in 2Q 2021)

D.R. Horton, Inc. Updates Earnings Guidance for Fiscal 2022

D.R. Horton, Inc. (NYSE:DHI) entered into a definitive merger agreement to acquire Vidler Water Resources, Inc. (NasdaqGS:VWTR) for approximately $290 million.

D.R. Horton, Inc. (NYSE:DHI) entered into a definitive merger agreement to acquire Vidler Water Resources, Inc. (NasdaqGS:VWTR) for approximately $290 million.

Independent Director recently sold US$76k worth of stock

Upcoming dividend of US$0.23 per share

Upcoming dividend of US$0.23 per share

Independent Director recently sold US$354k worth of stock

First quarter 2022 earnings: EPS in line with analyst expectations despite revenue beat

D.R. Horton, Inc. Provides Revenue Guidance for Fiscal 2022

Independent Director recently sold US$315k worth of stock