Lennar Corporation (LEN-B)

170.59 +4.29 (+2.58%) At close: 04:00PM EDT

Lennar Corporation

5505 Waterford District Drive
Miami, FL 33126
United States
305 559 4000
https://www.lennar.com

Sector(s): Consumer Cyclical
Industry: Residential Construction
Full Time Employees: 12,284

Key Executives

Name	Title	Pay	Exercised	Year Born
Mr. Stuart A. Miller	Co-CEO & Executive Chairman	8.01M	N/A	1958
Mr. Jonathan M. Jaffe	Co-CEO, President & Director	6.14M	N/A	1960
Ms. Diane J. Bessette	Chief Financial Officer	3.77M	N/A	1961
Mr. Mark Sustana Esq.	VP, General Counsel & Secretary	1.74M	N/A	1962
Mr. David M. Collins	VP & Controller	1.24M	N/A	1970
Mr. Fred B. Rothman	Chief Operating Officer	N/A	N/A	N/A
Mr. Scott Spradley	Chief Technology Officer	N/A	N/A	N/A
Ms. Kay L. Howard	Chief Learning & Communications Officer	N/A	N/A	N/A
Mr. Drew Holler	Chief HR Officer	N/A	N/A	N/A
Tench Tilghman	President of Pennsylvania & Delaware Markets	N/A	N/A	N/A

Amounts are as of December 31, 2023 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. Currency in USD.

Description

Lennar Corporation, together with its subsidiaries, operates as a homebuilder primarily under the Lennar brand in the United States. It operates through Homebuilding East, Homebuilding Central, Homebuilding Texas, Homebuilding West, Financial Services, Multifamily, and Lennar Other segments. The company's homebuilding operations include the construction and sale of single-family attached and detached homes, as well as the purchase, development, and sale of residential land; and development, construction, and management of multifamily rental properties. It also offers residential mortgage financing, title, insurance, and closing services for home buyers and others, as well as originates and sells securitization commercial mortgage loans. In addition, the company is involved in the fund investment activity. It primarily serves first-time, move-up, active adult, and luxury homebuyers. Lennar Corporation was founded in 1954 and is based in Miami, Florida.

Corporate Governance

Lennar Corporation’s ISS Governance QualityScore as of September 1, 2024 is 10. The pillar scores are Audit: 1; Board: 10; Shareholder Rights: 10; Compensation: 10.

Corporate governance scores courtesy of Institutional Shareholder Services (ISS). Scores indicate decile rank relative to index or region. A decile score of 1 indicates lower governance risk, while a 10 indicates higher governance risk.