Sundar PichaiSundar Pichai earned $164M in 2023
T

Douglas C. Yearley, Jr.

CEO of Toll Brothers

Born

July 30, 2024 - 0 years ago

Economy Sector

Consumer Cyclical

Current Tenure

14 years 8 months (Jun 2010 - Present)

Previous Experience

Unknown

Douglas C. Yearley, Jr. has been the Chief Executive Officer of Toll Brothers, Inc. since June 2010. Under his leadership, the company has grown to be one of the largest luxury home builders in the United States. Yearley started his...

Year

2023

Total Compensation

$9.00M

Salary

$1.20M

Board Justification

The compensation program is designed to motivate and retain highly qualified executives, provide performance-based incentives, and align compensation with long-term stockholder value creation.

Bonus

$7.80M

Board Justification

The total annual bonuses paid to Mr. Yearley for fiscal 2023 were 150% of his respective targets, based on the formulaic results and qualitative assessment of performance.

Other

$0.00

Board Justification

No other compensation was reported for fiscal 2023.

Restricted Stock

$0.00(0 RSUs and PRSUs)

Board Justification

No stock grants were vested in 2023 as the focus is on performance-based awards and the delivery of shares is deferred until the end of the vesting period.

Performance Metrics

The performance metrics for the CEO's compensation in 2023 included pre-tax income, units delivered, gross margin, and return on equity.