Executive Officer Base Salary Schedule for Hovnanian Enterprises, Inc. (2010)
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Summary
This document lists the annual base salaries for the executive officers of Hovnanian Enterprises, Inc. as of December 22, 2010. It names each executive, their position, and their corresponding salary. The agreement serves as a record of compensation for the company's top management, including the CEO, CFO, COO, and other senior officers. There are no additional terms, conditions, or obligations specified beyond the disclosure of these salaries.
EX-10.S 2 ex10sbasesal2010.htm BASE SALARIES OF EXECUTIVE OFFICERS ex10sbasesal2010.htm
BASE SALARIES OF EXECUTIVE OFFICERS
As of December 22, 2010, the following are the base salaries (on an annual basis) of the executive officers of Hovnanian Enterprises, Inc.:
| Ara K. Hovnanian Chief Executive Officer, President, Chairman of the Board and Director of the Company | $ | 1,092,606 | |
| Paul W. Buchanan Senior Vice President – Chief Accounting Officer | $ | 287,000 | |
| Peter S. Reinhart Senior Vice President and General Counsel | $ | 307,500 | |
| J. Larry Sorsby Executive Vice President, Chief Financial Officer and Director of the Company | $ | 600,000 | |
| Thomas J. Pellerito Chief Operating Officer | $ | 500,000 |
