Allan P. Merrill, CEO of Beazer Homes USA, Inc., has a background in finance and a solid education from the Wharton School at the University of Pennsylvania. He began his career in investment banking, spending 13 years at UBS, where...

Number of Employees

1.07K

Year

2020

Total Compensation

$8.81M

Salary

$926.38K

Board Justification

The compensation philosophy is designed to attract, retain, and reward top talent, aligning pay with performance and providing a substantial portion of compensation in long-term equity-based awards to reinforce key financial, operational, and strategic objectives.

Bonus

$2.81M

Board Justification

The short-term incentive bonus for fiscal 2021 was based on performance metrics including Bonus Plan EBITDA and various operational objectives, resulting in a payout of 192.5% of the reduced target bonus opportunity.

Other

$108.70K

Board Justification

This includes contributions to the Deferred Compensation Plan and 401(k) company match.

Restricted Stock

$4.96M(287.8K performance shares)

Board Justification

The performance shares awarded for the fiscal 2019-2021 award cycle were based on cumulative pre-tax income and return on assets, resulting in earned awards of 148.75% of the target award opportunity after applying a TSR modifier.

Performance Metrics

The performance metrics for the CEO's compensation included Bonus Plan EBITDA, operational objectives, cumulative pre-tax income, and return on assets.

SEC Filing

From December 21, 2021

Allan P. Merrill

CEO of Beazer Homes USA, Inc.

B

Education

Bachelor of Arts in Economics from the University of Virginia

Field of Expertise

Finance & Banking - Finance

Born

May 10, 1961 - 63 years ago

Is Founder?

No

Current Tenure

13 years 7 months (Jun 2011 - Present)

Previous Experience

Executive Vice President and Chief Financial Officer of Beazer Homes USA, Inc.