KB Home Management
Management criteria checks 3/4
KB Home's CEO is Jeff Mezger, appointed in Nov 2006, has a tenure of 17.42 years. total yearly compensation is $15.69M, comprised of 7.3% salary and 92.7% bonuses, including company stock and options. directly owns 2.14% of the company’s shares, worth $104.60M. The average tenure of the management team and the board of directors is 13.8 years and 6.5 years respectively.
Key information
Jeff Mezger
Chief executive officer
US$15.7m
Total compensation
| CEO salary percentage | 7.3% |
| CEO tenure | 17.4yrs |
| CEO ownership | 2.1% |
| Management average tenure | 13.8yrs |
| Board average tenure | 6.5yrs |
Recent management updates
Recent updates
We Think Shareholders Are Less Likely To Approve A Large Pay Rise For KB Home's (NYSE:KBH) CEO For Now
Apr 12
KB Home: Very Strong Demand Environment
Apr 05KB Home: Caution Advised
Mar 21KB Home (NYSE:KBH) Has A Somewhat Strained Balance Sheet
Mar 13There's Been No Shortage Of Growth Recently For KB Home's (NYSE:KBH) Returns On Capital
Feb 28Little Excitement Around KB Home's (NYSE:KBH) Earnings
Feb 15Is KB Home (NYSE:KBH) Trading At A 31% Discount?
Jan 25KB Home: Q4 Earnings Leave Shares With Limited Upside (Rating Downgrade)
Jan 13KB Home: A Great Home For Your Money As Earnings Near
Jan 05What Does KB Home's (NYSE:KBH) Share Price Indicate?
Dec 19KB Home: Improving Outlook, But Improvements Are Priced In
Dec 07Is KB Home (NYSE:KBH) A Risky Investment?
Nov 19KB Home's (NYSE:KBH) Shareholders Will Receive A Bigger Dividend Than Last Year
Nov 06KB Home's (NYSE:KBH) Dividend Will Be Increased To $0.20
Oct 23KB Home's (NYSE:KBH) Dividend Will Be Increased To $0.20
Oct 09KB Home (NYSE:KBH) Shares Could Be 24% Above Their Intrinsic Value Estimate
Oct 04KB Home: An Ugly Q3 Earnings Report
Sep 27KB Home Remains A Buy After Solid Fiscal Q3 Results
Sep 20Should You Think About Buying KB Home (NYSE:KBH) Now?
Sep 19KB Home Q3 2023 Earnings Preview: Additional Upside Exists From Here
Sep 11KB Home: Revenue Shrank Over The Cycle
Aug 08KB Home's (NYSE:KBH) Dividend Will Be Increased To $0.20
Jul 17Here's Why KB Home (NYSE:KBH) Can Manage Its Debt Responsibly
Jul 06KB Home Shares Have Doubled - What Earnings Tell Us About The Risk/Reward
Jun 22Why We Like The Returns At KB Home (NYSE:KBH)
Jun 19KB Home: A Resilient Company At A Reasonable Price
Jun 12CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Feb 29 2024 | n/a | n/a | US$599m |
| Nov 30 2023 | US$16m | US$1m | US$586m |
| Aug 31 2023 | n/a | n/a | US$652m |
| May 31 2023 | n/a | n/a | US$757m |
| Feb 28 2023 | n/a | n/a | US$804m |
| Nov 30 2022 | US$16m | US$1m | US$812m |
| Aug 31 2022 | n/a | n/a | US$771m |
| May 31 2022 | n/a | n/a | US$666m |
| Feb 28 2022 | n/a | n/a | US$599m |
| Nov 30 2021 | US$14m | US$1m | US$562m |
| Aug 31 2021 | n/a | n/a | US$494m |
| May 31 2021 | n/a | n/a | US$423m |
| Feb 28 2021 | n/a | n/a | US$332m |
| Nov 30 2020 | US$14m | US$1m | US$295m |
| Aug 31 2020 | n/a | n/a | US$312m |
| May 31 2020 | n/a | n/a | US$301m |
| Feb 29 2020 | n/a | n/a | US$297m |
| Nov 30 2019 | US$13m | US$1m | US$267m |
| Aug 31 2019 | n/a | n/a | US$241m |
| May 31 2019 | n/a | n/a | US$260m |
| Feb 28 2019 | n/a | n/a | US$270m |
| Nov 30 2018 | US$12m | US$1m | US$169m |
| Aug 31 2018 | n/a | n/a | US$157m |
| May 31 2018 | n/a | n/a | US$120m |
| Feb 28 2018 | n/a | n/a | US$94m |
| Nov 30 2017 | US$10m | US$1m | US$179m |
Compensation vs Market: Jeff's total compensation ($USD15.69M) is above average for companies of similar size in the US market ($USD8.28M).
Compensation vs Earnings: Jeff's compensation has been consistent with company performance over the past year.
CEO
Jeff Mezger (67 yo)
17.4yrs
Tenure
US$15,689,055
Compensation
Mr. Jeffrey T. Mezger, also known as Jeff, has been the Chief Executive Officer of KB Home since November 12, 2006 and has been its Chairman since August 17, 2016 and was its President since November 12, 2...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Chairman & CEO | 17.4yrs | US$15.69m | 2.14% $ 104.6m | |
| President & COO | 2.1yrs | US$6.86m | 0.034% $ 1.7m | |
| Executive VP & CFO | 13.8yrs | US$4.50m | 0.045% $ 2.2m | |
| Executive VP & General Counsel | 13.8yrs | US$3.20m | 0.23% $ 11.4m | |
| Executive Vice President of Real Estate & Business Development | 22.3yrs | US$3.38m | 0.21% $ 10.1m | |
| Senior VP & Chief Accounting Officer | 17.3yrs | US$1.68m | 0.16% $ 7.9m | |
| Senior Vice President of Sustainability | no data | no data | no data | |
| Senior Vice President of Investor Relations | 8.3yrs | no data | no data | |
| Senior VP & Chief Marketing Officer | 4.4yrs | no data | no data | |
| Senior Vice President of Human Resources | 15.3yrs | no data | no data | |
| Southeast Regional President | no data | no data | no data | |
| Senior VP & Treasurer | 13.7yrs | no data | no data |
13.8yrs
Average Tenure
62yo
Average Age
Experienced Management: KBH's management team is seasoned and experienced (13.8 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Chairman & CEO | 17.4yrs | US$15.69m | 2.14% $ 104.6m | |
| Independent Director | 8yrs | US$275.00k | 0.050% $ 2.4m | |
| Independent Director | 6.5yrs | US$292.50k | 0.055% $ 2.7m | |
| Independent Director | 6.8yrs | US$285.00k | 0.032% $ 1.6m | |
| Independent Director | 3.3yrs | US$274.00k | 0.030% $ 1.5m | |
| Independent Director | 11.8yrs | US$300.00k | 0.069% $ 3.4m | |
| Independent Director | less than a year | US$275.00k | 0.0092% $ 448.9k | |
| Independent Director | 3.5yrs | US$284.00k | 0.016% $ 778.7k | |
| Independent Director | 3.5yrs | US$282.50k | 0.023% $ 1.1m |
6.5yrs
Average Tenure
63yo
Average Age
Experienced Board: KBH's board of directors are considered experienced (6.5 years average tenure).