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...

Current Market Cap

$15.58B

Number of Employees

4.8K

Total Compensation

2019 - 2023

Trending down by -34.45% last year
Showing total compensation for the last 2019 - 2023

Stock

Down by -100.00% last year

Salary

Up by 1.20% last year

Bonus

Up by 93.59% last year

Other

Down by -100.00% last year

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.

SEC Filing

From January 31, 2024