M.D.C. Holdings Management

Management criteria checks 3/4

M.D.C. Holdings' CEO is David Mandarich, appointed in Jun 1999, has a tenure of 24.83 years. total yearly compensation is $18.62M, comprised of 5.4% salary and 94.6% bonuses, including company stock and options. directly owns 5.61% of the company’s shares, worth $264.95M. The average tenure of the management team and the board of directors is 3.5 years and 14.8 years respectively.

Key information

David Mandarich

Chief executive officer

US$18.6m

Total compensation

CEO salary percentage5.4%
CEO tenure24.8yrs
CEO ownership5.6%
Management average tenure3.5yrs
Board average tenure14.8yrs

Recent management updates

Recent updates

M.D.C. Sells To Sekisui At An Attractive Price; Further Upside Is Unlikely

Jan 18

Earnings Working Against M.D.C. Holdings, Inc.'s (NYSE:MDC) Share Price

Jan 03
Earnings Working Against M.D.C. Holdings, Inc.'s (NYSE:MDC) Share Price

We Think M.D.C. Holdings (NYSE:MDC) Can Stay On Top Of Its Debt

Dec 18
We Think M.D.C. Holdings (NYSE:MDC) Can Stay On Top Of Its Debt

Returns On Capital At M.D.C. Holdings (NYSE:MDC) Have Hit The Brakes

Nov 18
Returns On Capital At M.D.C. Holdings (NYSE:MDC) Have Hit The Brakes

M.D.C. Holdings: Navigating Through A Tough Housing Market

Nov 17

Is Now An Opportune Moment To Examine M.D.C. Holdings, Inc. (NYSE:MDC)?

Nov 03
Is Now An Opportune Moment To Examine M.D.C. Holdings, Inc. (NYSE:MDC)?

M.D.C. Holdings, Inc.'s (NYSE:MDC) Intrinsic Value Is Potentially 24% Below Its Share Price

Sep 22
M.D.C. Holdings, Inc.'s (NYSE:MDC) Intrinsic Value Is Potentially 24% Below Its Share Price

M.D.C. Holdings: Awaiting Q3 Results To Validate If Earnings Normalization Phase Has Started

Sep 06

We Think M.D.C. Holdings (NYSE:MDC) Can Stay On Top Of Its Debt

Sep 05
We Think M.D.C. Holdings (NYSE:MDC) Can Stay On Top Of Its Debt

Upgrade: Analysts Just Made A Substantial Increase To Their M.D.C. Holdings, Inc. (NYSE:MDC) Forecasts

Aug 01
Upgrade: Analysts Just Made A Substantial Increase To Their M.D.C. Holdings, Inc. (NYSE:MDC) Forecasts

Is Now An Opportune Moment To Examine M.D.C. Holdings, Inc. (NYSE:MDC)?

Jul 28
Is Now An Opportune Moment To Examine M.D.C. Holdings, Inc. (NYSE:MDC)?

We Like These Underlying Return On Capital Trends At M.D.C. Holdings (NYSE:MDC)

Jul 13
We Like These Underlying Return On Capital Trends At M.D.C. Holdings (NYSE:MDC)

M.D.C. Holdings: Not The Best Financially But Has A Margin Of Safety

Jul 09

Does M.D.C. Holdings (NYSE:MDC) Have A Healthy Balance Sheet?

Jun 05
Does M.D.C. Holdings (NYSE:MDC) Have A Healthy Balance Sheet?

M.D.C. Holdings: Trends Are Turning, But Better To Wait And See

May 26

M.D.C. Holdings' (NYSE:MDC) Dividend Will Be $0.50

Apr 21
M.D.C. Holdings' (NYSE:MDC) Dividend Will Be $0.50

When Should You Buy M.D.C. Holdings, Inc. (NYSE:MDC)?

Apr 14
When Should You Buy M.D.C. Holdings, Inc. (NYSE:MDC)?

Returns on Capital Paint A Bright Future For M.D.C. Holdings (NYSE:MDC)

Mar 30
Returns on Capital Paint A Bright Future For M.D.C. Holdings (NYSE:MDC)

Does M.D.C. Holdings (NYSE:MDC) Have A Healthy Balance Sheet?

Mar 07
Does M.D.C. Holdings (NYSE:MDC) Have A Healthy Balance Sheet?

M.D.C. Holdings: Near-Term Concerns May Weigh On Share Price Performance

Feb 08

M.D.C. Q4 2022 Earnings Preview

Jan 30

M.D.C. Holdings (NYSE:MDC) Will Pay A Dividend Of $0.50

Jan 28
M.D.C. Holdings (NYSE:MDC) Will Pay A Dividend Of $0.50

M.D.C. Holdings declares $0.50 dividend

Jan 24

M.D.C. Holdings, Inc. (NYSE:MDC) Shares Could Be 24% Above Their Intrinsic Value Estimate

Jan 13
M.D.C. Holdings, Inc. (NYSE:MDC) Shares Could Be 24% Above Their Intrinsic Value Estimate

Is M.D.C. Holdings, Inc. (NYSE:MDC) Potentially Undervalued?

Dec 29
Is M.D.C. Holdings, Inc. (NYSE:MDC) Potentially Undervalued?

Returns On Capital Are A Standout For M.D.C. Holdings (NYSE:MDC)

Dec 13
Returns On Capital Are A Standout For M.D.C. Holdings (NYSE:MDC)

CEO Compensation Analysis

How has David Mandarich's remuneration changed compared to M.D.C. Holdings's earnings?
DateTotal CompensationSalaryCompany Earnings
Dec 31 2023US$19mUS$1m

US$399m

Sep 30 2023n/an/a

US$359m

Jun 30 2023n/an/a

US$396m

Mar 31 2023n/an/a

US$492m

Dec 31 2022US$16mUS$1m

US$559m

Sep 30 2022n/an/a

US$642m

Jun 30 2022n/an/a

US$643m

Mar 31 2022n/an/a

US$608m

Dec 31 2021US$17mUS$1m

US$571m

Sep 30 2021n/an/a

US$555m

Jun 30 2021n/an/a

US$509m

Mar 31 2021n/an/a

US$439m

Dec 31 2020US$14mUS$830k

US$365m

Sep 30 2020n/an/a

US$311m

Jun 30 2020n/an/a

US$263m

Mar 31 2020n/an/a

US$233m

Dec 31 2019US$11mUS$830k

US$237m

Sep 30 2019n/an/a

US$199m

Jun 30 2019n/an/a

US$202m

Mar 31 2019n/an/a

US$211m

Dec 31 2018US$11mUS$830k

US$210m

Sep 30 2018n/an/a

US$180m

Jun 30 2018n/an/a

US$187m

Mar 31 2018n/an/a

US$158m

Dec 31 2017US$9mUS$830k

US$141m

Compensation vs Market: David's total compensation ($USD18.62M) is above average for companies of similar size in the US market ($USD6.53M).

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


CEO

David Mandarich (75 yo)

24.8yrs

Tenure

US$18,618,885

Compensation

Mr. David D. Mandarich has been President and Chief Executive Officer of M.D.C. Holdings, Inc. since June 1999 and October 26, 2020, respectively. He served as Chief Operating Officer of M.D.C.Holdings, I...


Leadership Team

NamePositionTenureCompensationOwnership
Larry Mizel
Executive Chairman52.3yrsUS$20.73m5.5%
$ 260.1m
David Mandarich
President24.8yrsUS$18.62m5.61%
$ 264.9m
Robert Martin
Senior VP & CFO8.9yrsUS$7.10m0.37%
$ 17.3m
Michael Kaplan
SVP & General Counsel1.5yrsUS$1.05m0.015%
$ 728.8k
Derek Kimmerle
VP, Chief Accounting Officer & Controller2.6yrsno data0.0036%
$ 172.0k
Ryan Berry
Director of Corporate Finance & Assistant Treasurerno datano datano data
Krista Montgomery
Senior VP of Human Resources & Chief People Officerno datano datano data
Jack Gallagher
Regional President of Maryland4.3yrsno datano data
Dawn Huth
Senior VP of National Finance - Richmond American Homes3.5yrsno datano data
Natasha Gandhi
Senior Division President of Southno datano datano data
Nicole Bloom
Division President of Nevadano datano datano data
Adib Khoury
Division President of Phoenixno datano datano data

3.5yrs

Average Tenure

54yo

Average Age

Experienced Management: MDC's management team is considered experienced (3.5 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Larry Mizel
Executive Chairman52.3yrsUS$20.73m5.5%
$ 260.1m
David Mandarich
President30.1yrsUS$18.62m5.61%
$ 264.9m
Paris Reece
Independent Director10.9yrsUS$460.19k0.11%
$ 5.0m
Herbert Buchwald
Independent Lead Director30.1yrsUS$811.45k0.025%
$ 1.2m
Raymond Baker
Independent Director12.3yrsUS$567.56k0.075%
$ 3.5m
David Blackford
Independent Director23yrsUS$568.30k0.018%
$ 832.3k
Michael Berman
Independent Director18yrsUS$513.82k0.039%
$ 1.9m
David Siegel
Independent Director14.8yrsUS$549.32k0.037%
$ 1.8m
Rafay Farooqui
Independent Director1.3yrsUS$521.94k0.010%
$ 475.5k
Courtney Mizel
Director6.8yrsUS$427.18k0.068%
$ 3.2m
Janice Sinden
Independent Director2.3yrsUS$416.21k0.021%
$ 1.0m

14.8yrs

Average Tenure

72yo

Average Age

Experienced Board: MDC's board of directors are seasoned and experienced ( 14.8 years average tenure).