Maria Renna Sharpe is the CEO of LGI Homes, Inc., a company she joined in January 2022 after a solid career in human resources and legal fields. With over 37 years of extensive experience, she has held key positions in...

Number of Employees

1.09K

Year

2022

Total Compensation

$1.62M

Salary

$975.00K

Board Justification

The compensation philosophy is to align executive pay with performance, ensuring that a substantial portion of compensation is performance-based to drive long-term stockholder value.

Bonus

$590.09K

Board Justification

The total Annual Bonus payment to be earned by each participating NEO was based (i) 75% on the pre-tax net income during 2022 as compared to target and (ii) 25% on the number of home closings during 2022 as compared to the target.

Other

$53.96K

Board Justification

This includes various benefits such as reimbursement of club membership dues and other perquisites.

Restricted Stock

$0.00(0 N/A)

Board Justification

No stock was vested in 2022 as the focus is on the performance-based stock units (PSUs) and restricted stock units (RSUs) which have not yet vested.

Performance Metrics

The performance metrics for the CEO's compensation are based on pre-tax net income and home closings relative to established targets.

SEC Filing

From March 15, 2024

Maria Renna Sharpe

CEO of LGI Homes

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Education

JD from Boston University School of Law, BS in Accounting from Syracuse University.

Field of Expertise

Born

January 1, 1964 - 61 years ago

Is Founder?

No

Current Tenure

3 years 0 months (Jan 2022 - Present)

Previous Experience

Managing Principal of Sharpe Human Solutions, LLC, former Senior Vice President at PepsiCo.