Lennar Corporation (LEN-B)

84.65 -1.76 (-2.04%) As of 01:43PM EST. Market open.

Lennar Corporation

700 Northwest 107th Avenue
Miami, FL 33172
United States
305 559 4000
https://www.lennar.com

Sector(s): Consumer Cyclical
Industry: Residential Construction
Full Time Employees: 10,753

Key Executives

Name	Title	Pay	Exercised	Year Born
Mr. Stuart A. Miller	Exec. Chairman	19.93M	N/A	1958
Mr. Jonathan M. Jaffe	Co-CEO, Co-Pres & Director	17.44M	N/A	1960
Mr. Richard Beckwitt	Co-CEO, Co-Pres & Director	17.44M	N/A	1959
Ms. Diane J. Bessette	VP, CFO & Treasurer	3.54M	N/A	1961
Mr. Mark Sustana Esq.	VP, Gen. Counsel & Sec.	1.65M	N/A	1962
Mr. Jeffrey J. McCall B.S., M.A., P.T.	Exec. VP	3.13M	N/A	1971
Mr. Fred B. Rothman	Chief Operating Officer	N/A	N/A	N/A
Ms. Kay L. Howard	Chief Marketing & Communications Officer	N/A	N/A	N/A
Tench Tilghman	Pres of Pennsylvania & Delaware Markets	N/A	N/A	N/A
Anthony Mignone	Pres of New Jersey & New York Markets	N/A	N/A	N/A

Amounts are as of December 31, 2021 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 October 1, 2022 is 10. The pillar scores are Audit: 2; Board: 9; Shareholder Rights: 10; Compensation: 9.

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.