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Lennar Corp. (LEN)

On Feb 9: 15.60 USD   0.00 (0.00%)  
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Lennar Corp.
700 Northwest 107th Avenue
Miami, FL 33172
Phone: 305-559-4000
Fax: 305-226-4158
Web Site: http://www.lennar.com

DETAILS
Index Membership: S&P 500
S&P 1500 Super Comp
Sector: Industrial Goods
Industry: Residential Construction
Employees (last reported count): NaN

BUSINESS SUMMARY
Lennar Corporation operates as a homebuilder primarily in the United States. It constructs and sells single-family attached and detached homes, and to a lesser extent multi-level buildings to first-time, move-up, and active adult homebuyers. The company also engages in the purchase, development, and sale of residential land directly and through unconsolidated entities. In addition, it provides financial services, such as mortgage financing; title insurance; closing services; and other ancillary services, including personal lines insurance, high-speed Internet, and cable television for its homes buyers and others. The company sells its originated loans in the secondary mortgage market. It sells its homes through its sales associates and independent brokers. As of November 30, 2006, the company owned 92,325 homesites and had access through option contracts to an additional 189,279 homesites. It offers its services in Florida, Maryland, New Jersey, Virginia, Arizona, Colorado, Texas, California, Nevada, Illinois, Minnesota, New York, North Carolina, and South Carolina. The company was founded in 1954 and is based in Miami, Florida.
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    OFFICERS
      Pay Exercised
    Mr. Stuart A. Miller , 50
    Chief Exec. Officer, Pres, Director and Member of Exec. Committee
    $ 5.71M $ 488.00K
    Mr. Bruce E. Gross , 49
    Chief Financial Officer and VP
    $ 1.87M $ 583.00K
    Mr. Jonathan M. Jaffe , 48
    Chief Operating Officer and VP
    $ 2.69M $ 765.00K
    Ms. Diane J. Bessette , 47
    Principal Accounting Officer, VP and Controller
    $ 743.00K $ 580.00K
    Richard Beckwitt , 46
    Exec. VP
    $ 4.88M N/A
    Dollar amounts are as of 31-Dec-06 and compensation values are for the last fiscal year ending on that date. "Pay" is salary, bonuses, etc. "Exercised" is the value of options exercised during the fiscal year.
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