In 2023, Rick Beckwitt earned $58.64M in total compensation at Lennar Corporation, including $535.39K salary and $37.83M in stock. Led Lennar Corporation as CEO for 2 years.
Compensation History
Annual executive compensation data for Rick Beckwitt, including salary, bonuses, and stock awards.
Year
2023
Total Compensation
$58.64M
Salary
$535.39K
Bonus
$0.00
Other
$20.27M
Salary
$535.39KBoard Justification
The compensation philosophy emphasizes aligning executive compensation with company performance and stockholder interests, focusing on both short-term and long-term incentives.
Bonus
$0.00Board Justification
Due to retirement, Mr. Beckwitt forfeited his 2023 cash incentive compensation under the incentive compensation program.
Other Compensation
$20.27MBoard Justification
This includes a payment of $20,243,245 received in connection with the Separation Agreement upon retirement, less applicable withholdings.
Restricted Stock
Board Justification
Upon retirement, all 94,804 outstanding shares of time-based restricted stock held by Mr. Beckwitt vested in full as of September 1, 2023.
Performance Metrics
The performance metrics for determining compensation include profitability goals and strategic objectives related to the company's operations.
Rick Beckwitt
Ex-CEO of Lennar Corporation
Education
Bachelor's degree from Claremont McKenna College
Field of Expertise
Real Estate & Construction - Real Estate
Born
December 1, 1959 - 66 years ago
CEO of Lennar Corporation for
2 years 6 months (Apr 2018 - Nov 2020)
Previous Experience
President of Lennar
Holdings
Track Rick Beckwitt's stock holdings and portfolio value over time.
Insider Trading
Rick Beckwitt's recent stock transactions, purchases, and sales filed with the SEC.
No insider trades found for this CEO.
Rivals
Compare Rick Beckwitt with competitor CEOs and industry peers.
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$0.00
Salary
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Bonus
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Other
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Salary
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Bonus
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2023 Compensation
Stock
$250.00K
Salary
$500.00K
Bonus
$150.00K
Other
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2023 Compensation
Stock
$1.22M
Salary
$500.00K
Bonus
$6.31M
Other
$59.90K
Total Holdings
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Douglas C. Yearley, Jr.
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2023 Compensation
Stock
$0.00
Salary
$1.20M
Bonus
$7.80M
Other
$0.00
Total Holdings
$191.52K