NEW YORK, Nov 2 (Reuters) - Heads of publicly traded U.S. home builders
have seen pay cuts amid the real estate market turmoil, but shareholder critics
say compensation hasn't come down far enough.
Following are CEO pay figures for some of the largest companies in the
sector for 2006 (for companies that report on a calendar-year basis) or their
most recently reported fiscal year, as well as data for the year-earlier
period.
The pay figures include salary, bonus and nonequity incentives, but exclude
restricted stock, stock options and perquisites. Data compiled by employment
Web site Salary.com.
COMPANY TICKER CEO Most recent year pay Year-earlier pay
Beazer Homes BZH.N Ian McCarthy $8.3 mln $8.8 mln
Centex Corp CTX.N Timothy Eller $1.2 mln $11.5 mln
D.R. Horton DHI.N Donald Tomnitz $12.4 mln $13.1 mln
*KB Home KBH.N Jeffrey Mezger $3.1 mln $6.1 mln
Lennar Corp LEN.N Stuart Miller $5.7 mln $22.5 mln
MDC Holdings MDC.N Larry Mizel $10.6 mln $21.5 mln
Pulte Homes PHM.N Richard Dugas $6.8 mln $7.3 mln
Ryland Group RYL.N R. Chad Dreier $15.7 mln $17.5 mln
Toll Brothers TOL.N Robert Toll $18.8 mln $28.6 mln
* Data not directly comparable. Mezger took over as CEO in November 2006,
succeeding Bruce Karatz.
(Reporting by Martha Graybow)
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