Hovnanian Enterprises Management
Management criteria checks 3/4
Hovnanian Enterprises' CEO is Ara Hovnanian, appointed in Apr 1988, has a tenure of 36.17 years. total yearly compensation is $9.48M, comprised of 11.8% salary and 88.2% bonuses, including company stock and options. directly owns 17.87% of the company’s shares, worth $161.11M. The average tenure of the management team and the board of directors is 11.9 years and 18.3 years respectively.
Key information
Ara Hovnanian
Chief executive officer
US$9.5m
Total compensation
| CEO salary percentage | 11.8% |
| CEO tenure | 36.2yrs |
| CEO ownership | 17.9% |
| Management average tenure | 11.9yrs |
| Board average tenure | 18.3yrs |
Recent management updates
Recent updates
Hovnanian Enterprises, Inc. (NYSE:HOV) Could Be Riskier Than It Looks
May 23
Hovnanian Enterprises Preferred Stock Diversity Comes With Risks
Apr 06Hovnanian Enterprises (NYSE:HOV) Is Doing The Right Things To Multiply Its Share Price
Feb 23Hovnanian Enterprises (NYSE:HOV) Has A Somewhat Strained Balance Sheet
Feb 06Investors Still Aren't Entirely Convinced By Hovnanian Enterprises, Inc.'s (NYSE:HOV) Earnings Despite 36% Price Jump
Jan 04Here's Why Hovnanian Enterprises (NYSE:HOV) Has A Meaningful Debt Burden
Nov 03Hovnanian's Valuation, Ownership, And Debt Concerns: Is It A Viable Investment?
Sep 28Hovnanian Enterprises (NYSE:HOV) Might Have The Makings Of A Multi-Bagger
Sep 05Hovnanian Enterprises (NYSE:HOV) Takes On Some Risk With Its Use Of Debt
Jul 13Buy Homebuilder Hovnanian, It's Still A Solid Value Play
Jun 02It's Unlikely That Hovnanian Enterprises, Inc.'s (NYSE:HOV) CEO Will See A Huge Pay Rise This Year
Mar 22Hovnanian Enterprises (NYSE:HOV) Is Experiencing Growth In Returns On Capital
Jan 25Does Hovnanian Enterprises (NYSE:HOV) Have A Healthy Balance Sheet?
Dec 31Hovnanian Enterprises: Home-Ageddon Is Upon It
Dec 21Hovnanian GAAP EPS of $7.24, revenue of $886.79M
Dec 08Returns Are Gaining Momentum At Hovnanian Enterprises (NYSE:HOV)
Oct 18Hovnanian GAAP EPS of $10.82, revenue of $767.59M
Sep 01These 4 Measures Indicate That Hovnanian Enterprises (NYSE:HOV) Is Using Debt Extensively
Aug 13Investors Will Want Hovnanian Enterprises' (NYSE:HOV) Growth In ROCE To Persist
Jul 06Buy Homebuilder Hovnanian. Under The Radar, And Under Suspicion
Jun 05Hovnanian Enterprises (NYSE:HOV) Has A Somewhat Strained Balance Sheet
May 05Hovnanian Enterprises (NYSE:HOV) Might Have The Makings Of A Multi-Bagger
Apr 06Does Hovnanian Enterprises (NYSE:HOV) Deserve A Spot On Your Watchlist?
Dec 24Homebuilder Hovnanian Enterprises: Getting To Normal, Still A Buy
Dec 12Hovnanian Enterprises (NYSE:HOV) Might Have The Makings Of A Multi-Bagger
Dec 07Homebuilder Hovnanian: The Lowest P/E On The NYSE
Oct 18CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Apr 30 2024 | n/a | n/a | US$202m |
| Jan 31 2024 | n/a | n/a | US$185m |
| Oct 31 2023 | US$9m | US$1m | US$179m |
| Jul 31 2023 | n/a | n/a | US$146m |
| Apr 30 2023 | n/a | n/a | US$168m |
| Jan 31 2023 | n/a | n/a | US$190m |
| Oct 31 2022 | US$17m | US$1m | US$195m |
| Jul 31 2022 | n/a | n/a | US$191m |
| Apr 30 2022 | n/a | n/a | US$163m |
| Jan 31 2022 | n/a | n/a | US$553m |
| Oct 31 2021 | US$12m | US$1m | US$550m |
| Jul 31 2021 | n/a | n/a | US$538m |
| Apr 30 2021 | n/a | n/a | US$509m |
| Jan 31 2021 | n/a | n/a | US$73m |
| Oct 31 2020 | US$9m | US$1m | US$46m |
| Jul 31 2020 | n/a | n/a | US$8m |
| Apr 30 2020 | n/a | n/a | -US$14m |
| Jan 31 2020 | n/a | n/a | -US$34m |
| Oct 31 2019 | US$6m | US$1m | -US$42m |
| Jul 31 2019 | n/a | n/a | US$6m |
| Apr 30 2019 | n/a | n/a | US$12m |
| Jan 31 2019 | n/a | n/a | US$18m |
| Oct 31 2018 | US$7m | US$1m | US$4m |
| Jul 31 2018 | n/a | n/a | -US$30m |
| Apr 30 2018 | n/a | n/a | -US$366m |
| Jan 31 2018 | n/a | n/a | -US$363m |
| Oct 31 2017 | US$5m | US$1m | -US$332m |
Compensation vs Market: Ara's total compensation ($USD9.48M) is above average for companies of similar size in the US market ($USD3.39M).
Compensation vs Earnings: Ara's compensation has been consistent with company performance over the past year.
CEO
Ara Hovnanian (67 yo)
36.2yrs
Tenure
US$9,482,398
Compensation
Mr. Ara K. Hovnanian has been the Chief Executive Officer of Hovnanian Enterprises, Inc. since July 1997 and has been its President since April 1988. Mr. Hovnanian has been Chairman of Hovnanian Enterprise...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| President | 36.2yrs | US$9.48m | 17.87% $ 161.1m | |
| CFO & Treasurer | 4.2yrs | US$1.79m | 0.36% $ 3.3m | |
| Chief Information Officer & VP | no data | no data | no data | |
| Vice President of Investor Relations | 19.6yrs | no data | no data | |
| VP, Corporate Counsel & Secretary | no data | no data | no data | |
| Executive Vice President - National Homebuilding Operations | 4.3yrs | no data | 0.22% $ 2.0m | |
| Group President | no data | no data | no data |
11.9yrs
Average Tenure
Experienced Management: HOV's management team is seasoned and experienced (11.9 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| President | 42.5yrs | US$9.48m | 17.87% $ 161.1m | |
| Lead Independent Director | 21.8yrs | US$409.03k | 0.34% $ 3.0m | |
| Independent Director | 18.3yrs | US$359.03k | 0.62% $ 5.6m | |
| Director | 27.4yrs | US$5.61m | 2.22% $ 20.0m | |
| Independent Director | 18.3yrs | US$296.52k | 0.66% $ 5.9m | |
| Independent Director | 11.3yrs | US$296.52k | 0.48% $ 4.3m | |
| Independent Director | 6yrs | US$296.52k | 0.38% $ 3.4m | |
| Independent Director | 2.4yrs | US$294.02k | 0.060% $ 541.2k |
18.3yrs
Average Tenure
70.5yo
Average Age
Experienced Board: HOV's board of directors are seasoned and experienced ( 18.3 years average tenure).