Ian J. McCarthy served as the CEO of Beazer Homes USA, Inc. from 2007 to 2011. He holds an education from the prestigious Wharton School at the University of Pennsylvania, specializing in finance. During his time at Beazer, McCarthy was...

Number of Employees

1.07K

Year

2011

Total Compensation

$6.76M

Salary

$836.15K

Board Justification

The compensation philosophy focuses on aligning executive compensation with performance and shareholder interests, emphasizing performance-based incentives.

Bonus

$0.00

Board Justification

No bonus was earned for the fiscal year 2011 due to failure to meet performance targets.

Other

$5.93M

Board Justification

This includes severance payments totaling $5,248,105, accrued obligations of $457,651, and continuation of benefits valued at $73,609.

Restricted Stock

$0.00(0 N/A)

Board Justification

No stock awards vested in 2011 as all stock grants were forfeited upon termination.

Performance Metrics

The performance metrics included achieving specific financial goals related to EBITDA and operational targets.

SEC Filing

From December 22, 2011

Ian J. McCarthy

Ex-CEO of Beazer Homes USA, Inc.

IJ

Education

Bachelor of Science in Civil Engineering from the University of Birmingham, England

Field of Expertise

Technology & Engineering - Engineering

Born

June 15, 1951 - 73 years ago

Is Founder?

No

Tenure

20 years 5 months (Jan 1991 - Jun 2011)

Previous Experience

President of Beazer Homes USA, Inc.