Lennar Management
Management criteria checks 3/4
Lennar's CEO is Stuart Miller, appointed in Sep 2023, has a tenure of less than a year. total yearly compensation is $34.28M, comprised of 2.9% salary and 97.1% bonuses, including company stock and options. directly owns 8.58% of the company’s shares, worth $3.62B. The average tenure of the management team and the board of directors is 4.5 years and 10.8 years respectively.
Key information
Stuart Miller
Chief executive officer
US$34.3m
Total compensation
| CEO salary percentage | 2.9% |
| CEO tenure | less than a year |
| CEO ownership | 8.6% |
| Management average tenure | 4.5yrs |
| Board average tenure | 10.8yrs |
Recent management updates
Recent updates
The Return Trends At Lennar (NYSE:LEN) Look Promising
Apr 17
Lennar Corporation: Rating Downgrade As Upside Looks Priced In Already
Apr 03Is Now An Opportune Moment To Examine Lennar Corporation (NYSE:LEN)?
Mar 25Lennar: Q1 Results, Encouraging Despite The Revenue Miss
Mar 14Lennar: Mortgage Rates Tick Up, Consumers Coming Under Pressure
Feb 22Lennar Corporation's (NYSE:LEN) Shares Not Telling The Full Story
Feb 13These 4 Measures Indicate That Lennar (NYSE:LEN) Is Using Debt Reasonably Well
Jan 31Lennar (NYSE:LEN) Has Announced That It Will Be Increasing Its Dividend To $0.50
Jan 13Estimating The Intrinsic Value Of Lennar Corporation (NYSE:LEN)
Jan 08Lennar Corporation (NYSE:LEN) Analysts Are Pretty Bullish On The Stock After Recent Results
Dec 18Lennar Q4 Earnings: What To Expect Amid The Stock Rally
Dec 11Is There Now An Opportunity In Lennar Corporation (NYSE:LEN)?
Dec 04Lennar: Too Risky To Commit Capital In This Sector
Nov 25Lennar (NYSE:LEN) Might Have The Makings Of A Multi-Bagger
Nov 06Lennar (NYSE:LEN) Has Affirmed Its Dividend Of $0.375
Oct 01We Think Lennar (NYSE:LEN) Can Stay On Top Of Its Debt
Sep 16Lennar: Strong Earnings And A Resilient Housing Market Make It A Buy
Sep 15Is There Now An Opportunity In Lennar Corporation (NYSE:LEN)?
Aug 29Investors Will Want Lennar's (NYSE:LEN) Growth In ROCE To Persist
Jul 26Lennar: The Cheap Valuation Is Deceptive
Jul 19Lennar (NYSE:LEN) Has Affirmed Its Dividend Of $0.375
Jun 26Is Lennar (NYSE:LEN) Using Too Much Debt?
Jun 15Lennar Stock Hits All-Time High Before Q2 Earnings: A Closer Look
Jun 13Lennar: The Market Likely Isn't Considering The Cyclical Evidence
Jun 06Is Now An Opportune Moment To Examine Lennar Corporation (NYSE:LEN)?
May 31With EPS Growth And More, Lennar (NYSE:LEN) Makes An Interesting Case
May 18Returns At Lennar (NYSE:LEN) Are On The Way Up
Apr 19These 4 Measures Indicate That Lennar (NYSE:LEN) Is Using Debt Safely
Mar 10CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Feb 29 2024 | n/a | n/a | US$4b |
| Nov 30 2023 | US$34m | US$1m | US$4b |
| Aug 31 2023 | n/a | n/a | US$4b |
| May 31 2023 | n/a | n/a | US$4b |
| Feb 28 2023 | n/a | n/a | US$5b |
| Nov 30 2022 | US$35m | US$1m | US$5b |
| Aug 31 2022 | n/a | n/a | US$4b |
| May 31 2022 | n/a | n/a | US$4b |
| Feb 28 2022 | n/a | n/a | US$4b |
| Nov 30 2021 | US$39m | US$1m | US$4b |
| Aug 31 2021 | n/a | n/a | US$4b |
| May 31 2021 | n/a | n/a | US$3b |
| Feb 28 2021 | n/a | n/a | US$3b |
| Nov 30 2020 | US$25m | US$1m | US$2b |
| Aug 31 2020 | n/a | n/a | US$2b |
| May 31 2020 | n/a | n/a | US$2b |
| Feb 29 2020 | n/a | n/a | US$2b |
| Nov 30 2019 | US$21m | US$1m | US$2b |
| Aug 31 2019 | n/a | n/a | US$2b |
| May 31 2019 | n/a | n/a | US$2b |
| Feb 28 2019 | n/a | n/a | US$2b |
| Nov 30 2018 | US$20m | US$1m | US$2b |
| Aug 31 2018 | n/a | n/a | US$1b |
| May 31 2018 | n/a | n/a | US$996m |
| Feb 28 2018 | n/a | n/a | US$900m |
| Nov 30 2017 | US$19m | US$1m | US$803m |
Compensation vs Market: Stuart's total compensation ($USD34.28M) is above average for companies of similar size in the US market ($USD13.53M).
Compensation vs Earnings: Stuart's compensation has been consistent with company performance over the past year.
CEO
Stuart Miller (65 yo)
less than a year
Tenure
US$34,284,913
Compensation
Mr. Stuart A. Miller serves as Executive Chairman at Five Point Holdings, LLC since September 30, 2021. He has been Director at Doma Holdings Inc. since January 2019. Mr. Miller serves as Director at State...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Co-CEO & Executive Chairman | less than a year | US$34.28m | 8.58% $ 3.6b | |
| Co-CEO, President & Director | 3.4yrs | US$29.14m | 0.39% $ 163.7m | |
| CFO, VP & Treasurer | 16.2yrs | US$7.00m | 0.11% $ 44.5m | |
| VP, General Counsel & Secretary | 19yrs | US$3.29m | 0.011% $ 4.5m | |
| VP & Controller | 16.2yrs | US$2.19m | 0.016% $ 6.5m | |
| Chief Operating Officer | no data | no data | no data | |
| Chief Technology Officer | 1.3yrs | no data | no data | |
| Chief Learning & Communications Officer | no data | no data | no data | |
| Chief HR Officer | less than a year | no data | no data | |
| President of Pennsylvania & Delaware Markets | 4.5yrs | no data | no data | |
| President of New Jersey & New York Markets | 4.5yrs | no data | no data | |
| Regional President | no data | no data | no data |
4.5yrs
Average Tenure
62yo
Average Age
Experienced Management: LEN's management team is considered experienced (4.5 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Co-CEO & Executive Chairman | 34yrs | US$34.28m | 8.58% $ 3.6b | |
| Co-CEO, President & Director | 6yrs | US$29.14m | 0.39% $ 163.7m | |
| Independent Lead Director | 27yrs | US$436.67k | 0.066% $ 28.0m | |
| Independent Director | 16.3yrs | US$408.33k | 0.015% $ 6.1m | |
| Independent Director | 18.6yrs | US$386.53k | 0.015% $ 6.3m | |
| Independent Director | 9.3yrs | US$342.40k | 0.0066% $ 2.8m | |
| Independent Director | 3.2yrs | US$299.90k | 0.0046% $ 2.0m | |
| Independent Director | 10.8yrs | US$335.42k | 0.010% $ 4.2m | |
| Independent Director | 13.8yrs | US$371.15k | 0.012% $ 5.1m | |
| Independent Director | less than a year | US$109.62k | 0.00065% $ 273.8k | |
| Independent Director | less than a year | US$116.99k | 0.00068% $ 286.4k |
10.8yrs
Average Tenure
65yo
Average Age
Experienced Board: LEN's board of directors are seasoned and experienced ( 10.8 years average tenure).