Sundar PichaiSundar Pichai earned $164M in 2023
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Dale Francescon

Founder and Ex-CEO of Century Communities

Education

B.S. in Business Administration from the University of Southern California

Field of Expertise

Real Estate & Construction - Real Estate

Born

May 15, 1953 - 71 years ago

Economy Sector

Consumer Cyclical

Tenure

22 years 4 months (Aug 2002 - Dec 2024)

Previous Experience

Co-Division President for D.R. Horton; owned and operated Trimark Communities.

Dale Francescon is the Co-CEO of Century Communities, Inc., a key player in the real estate market since 2002. With a solid educational background, holding a B.S. in Business Administration from the University of Southern California, he knows his stuff...

Year

2023

Total Compensation

$8.08M

Salary

$1.00M

Board Justification

The compensation philosophy emphasizes performance-based compensation elements, with superior performance resulting in above-market pay, and underwhelming performance resulting in below-market pay, aligning executive compensation with stockholder interests.

Bonus

$7.00M

Board Justification

The bonus is based on the achievement of specific annual financial and operational objectives, with actual performance exceeding maximum for all three performance metrics: revenue, adjusted EBITDA, and closings.

Other

$75.00K

Board Justification

Other compensation includes a 401(k) match and allowances for automobile and cell phone expenses.

Restricted Stock

$0.00(0 RSU)

Board Justification

No stock grants were vested in 2023 as the focus is on performance-based compensation and the stock awards are not included in total compensation calculations.

Performance Metrics

The performance metrics for 2023 included revenue (20%), adjusted EBITDA (60%), and closings (20%).