Elizabeth (Lisa) K. Ingram has been leading M/I Homes, Inc. as CEO since February 2019. Under her guidance, the company achieved a record performance, which led her to earn a remarkable cash performance bonus of $3.85 million in 2023. Lisa...

Elizabeth (Lisa) K. Ingram has been leading M/I Homes, Inc. as CEO since February 2019. Under her guidance, the company achieved a record performance, which led her to earn a remarkable cash performance bonus of $3.85 million in 2023. Lisa holds a business degree from The Ohio State University, which has set a solid foundation for her career. Before M/I Homes, she was President and CEO of White Castle System, Inc., a prominent restaurant chain in the U.S. Besides her leadership at M/I Homes, she serves on the Board of Directors for several organizations, including White Castle and OhioHealth. Lisa’s strategic focus has led M/I Homes to meet ambitious goals, with a notable achievement of over $618 million in adjusted pre-tax income in 2023. She also champions the importance of aligning executive pay with company performance, practicing what she preaches in attracting top talent. Lisa believes in making decisions that benefit both the business and its shareholders, reflecting an analytical mindset that understands the housing market amidst ever-changing economic conditions.

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1. Rivals

2. Holdings

3. Insider Trading

4. Compensation History

5. Other M/I Homes CEOs

M

Elizabeth (Lisa) K. Ingram

CEO of M/I Homes

Education

Bachelor's degree from The Ohio State University.

Field of Expertise

Business & Management

Sector of Economy

Consumer Cyclical

Born

August 1, 1969 - 55 years ago

CEO of M/I Homes for

6 years 1 month (Feb 2019 - Present)

Previous Experience

President and Chief Executive Officer of White Castle System, Inc.

Rivals

Competitors/colleagues of Elizabeth (Lisa) K. Ingram

T

Cynthia M. M. Dyer

CEO of Taylor Morrison Home Corporation

2023 Compensation

Stock

$0.00

Salary

$1.08M

Bonus

$2.62M

Other

$0.00

Total Holdings

$881.55K

M

Phillipe Lord

CEO of Meritage Homes

2022 Compensation

Stock

$17.53M

Salary

$900.00K

Bonus

$5.63M

Other

$62.53K

Total Holdings

$21.04M

D

Paul J. Romanowski

CEO of D.R. Horton

2023 Compensation

Stock

$1.22M

Salary

$500.00K

Bonus

$6.31M

Other

$59.90K

Total Holdings

$17.99M

T

Douglas C. Yearley, Jr.

CEO of Toll Brothers

2023 Compensation

Stock

$0.00

Salary

$1.20M

Bonus

$7.80M

Other

$0.00

Total Holdings

$44.98M

P

Ryan R. Marshall

CEO of Pultegroup

2023 Compensation

Stock

$10.97M

Salary

$1.00M

Bonus

$4.09M

Other

$35.21K

Total Holdings

$73.36M

Holdings

See how much did Elizabeth (Lisa) K. Ingram make over time.

As of 2023, Lisa Ingram holds significant stock options in M/I Homes, having been granted 120,000 stock options in the same year. This aligns her wealth with the company's prosperity, showing her commitment to the success of the business. In...

As of 2023, Lisa Ingram holds significant stock options in M/I Homes, having been granted 120,000 stock options in the same year. This aligns her wealth with the company's prosperity, showing her commitment to the success of the business. In previous years, her stock options varied, reflecting her role in steering the company toward financial goals. For instance, her stock-based incentives in 2022 amounted to 15,000 stock options, contrasting sharply with the larger 2023 grant. Lisa's net worth tied to these holdings showcases her investment in the company's future and her belief in its potential growth.

No data yet.

Insider Trading

See recent insider trades of Elizabeth (Lisa) K. Ingram.

No insider trades found for this CEO.

Compensation History

See how much did Elizabeth (Lisa) K. Ingram make over time.

Elizabeth Ingram's total compensation reflects her impactful leadership at M/I Homes, earning $4.85 million in 2023. This includes a base salary of $1 million and a performance bonus of $3.85 million due to exceeding targets for adjusted pre-tax income. Her compensation structure is designed to attract top talent and reward performance, showing a clear correlation between the company's success and her earnings. The previous year's compensation was lower, with a total of about $1.15 million in 2022. This increase signifies her effective management and the company’s growth trajectory under her leadership. Notably, she doesn’t have vested stock from 2023, instead focusing on stock options and performance-based units, aligning her interests with those of shareholders for long-term growth.

Year

2023

Total Compensation

$5.23M

Salary

$1.00M

Board Justification

The compensation philosophy is designed to attract and retain exceptional executives, motivate performance, align interests with shareholders, and reward performance through a mix of base salary, annual cash performance bonuses, and long-term equity awards.

Bonus

$3.85M

Board Justification

In 2023, the annual cash performance bonus was based on Adjusted Pre-Tax Income, with a maximum bonus opportunity of 385% of base salary. The actual amount earned was based on achieving an Adjusted Pre-Tax Income of $618 million, which resulted in the maximum performance bonus being awarded.

Other

$378.72K

Board Justification

Other compensation includes a vehicle allowance, personal use of company aircraft, tax reimbursements, life insurance premiums, and contributions to the 401(k) plan.

Restricted Stock

$0.00(0 N/A)

Board Justification

No stock awards vested in 2023 as the focus was on stock options and performance-based stock units, which are not included in this total.

Performance Metrics

The primary performance metric for the 2023 annual cash performance bonus was Adjusted Pre-Tax Income.

Other M/I Homes CEOs

Here are other CEOs of M/I Homes

Robert H. Schottenstein

Ex-CEO of M/I Homes

January 2002 - February 2018