Lennar Management

How experienced are the management team and are they aligned to shareholders interests?

4.5yrs

Average management tenure

CEO

Jon Jaffe (62 yo)

4.92yrs

Tenure

US$30,032,983

Compensation

Mr. Jonathan M. Jaffe, also known as Jon, has been the Co-Chief Executive Officer and Co-President of Lennar Corporation since November 2020. He has been a Director of Lennar Corporation since April 12, 20...

CEO Compensation Analysis

How has Jon Jaffe's remuneration changed compared to Lennar's earnings?
Date	Total Comp.	Salary	Company Earnings
Feb 28 2023	n/a	n/a	US$5b
Nov 30 2022	US$30m	US$800k	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$34m	US$800k	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$19m	US$800k	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$16m	US$800k	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$16m	US$800k	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$15m	US$800k	US$803m
Aug 31 2017	n/a	n/a	US$806m
May 31 2017	n/a	n/a	US$793m
Feb 28 2017	n/a	n/a	US$798m
Nov 30 2016	US$15m	US$800k	US$903m

Leadership Team

Name	Position	Tenure	Compensation	Ownership
Stuart Miller	Executive Chairman	32.92yrs	US$34.93m	8.31% $ 2.4b
Jonathan Jaffe	Co-CEO, Co-President & Director	2.33yrs	US$30.03m	0.33% $ 95.2m
Richard Beckwitt	Co-CEO, Co-President & Director	2.33yrs	US$30.45m	0.74% $ 215.1m
Diane Bessette	VP, CFO & Treasurer	15.08yrs	US$6.02m	0.11% $ 30.9m
Mark Sustana	VP, General Counsel & Secretary	17.92yrs	US$3.06m	0.021% $ 6.0m
Jeffrey McCall	Executive Vice President	5.08yrs	US$5.14m	0.057% $ 16.7m
Fred Rothman	Chief Operating Officer	4.17yrs	no data	no data
Kay Howard	Chief Marketing & Communications Officer	5.17yrs	no data	no data
Tench Tilghman	President of Pennsylvania & Delaware Markets	3.42yrs	no data	no data
Anthony Mignone	President of New Jersey & New York Markets	3.42yrs	no data	no data
Ed Easley	President of Development	no data	no data	no data
Greg McGuff	Regional President	no data	no data	no data

4.5yrs

Average Tenure

61.5yo

Average Age

Board Members

Name	Position	Tenure	Compensation	Ownership
Stuart Miller	Executive Chairman	32.92yrs	US$34.93m	8.31% $ 2.4b
Jonathan Jaffe	Co-CEO, Co-President & Director	4.92yrs	US$30.03m	0.33% $ 95.2m
Richard Beckwitt	Co-CEO, Co-President & Director	4.92yrs	US$30.45m	0.74% $ 215.1m
Sidney Lapidus	Independent Lead Director	25.92yrs	US$433.14k	0.063% $ 18.5m
Sherrill Hudson	Independent Director	15.17yrs	US$405.30k	0.013% $ 3.9m
Jeffrey Sonnenfeld	Independent Director	17.5yrs	US$386.53k	0.014% $ 4.0m
Armando Olivera	Independent Director	8.17yrs	US$339.54k	0.0057% $ 1.7m
Amy Banse	Independent Director	2.08yrs	US$299.92k	0.0018% $ 514.7k
Teri McClure	Independent Director	9.75yrs	US$334.19k	0.0087% $ 2.5m
Theron Gilliam	Independent Director	12.75yrs	US$369.93k	0.011% $ 3.2m

11.3yrs

Average Tenure

64yo