Sundar PichaiSundar Pichai earned $164M in 2023

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...

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Maria Renna Sharpe

CEO of LGI Homes

Education

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

Sector of Economy

Consumer Cyclical

Born

January 1, 1964 - 61 years ago

CEO of LGI Homes for

3 years 3 months (Jan 2022 - Present)

Previous Experience

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

Holdings

See how much did Maria Renna Sharpe make over time.

As of late 2022, CEO Maria Renna Sharpe's financial holdings were significant for her role at LGI Homes. Her wealth was notably influenced by the company's performance metrics tied to her compensation structure. While there are no detailed reports of...

Mar 17, 2025

Insider Trading

See recent insider trades of Maria Renna Sharpe.

LGIH

1,553 shares

LGIH

Dec 15, 2024

Received

LGIH

1,221 shares

LGIH

Dec 15, 2023

Received

LGIH

1,490 shares

LGIH

Dec 15, 2022

Received

LGIH

$117.79K

LGIH at $117.79/share

Mar 15, 2022

Purchase

LGIH

1,305 shares

LGIH

Mar 15, 2022

Received

Compensation History

See how much did Maria Renna Sharpe make over time.

Maria Renna Sharpe's total compensation in 2022, amounting to $563,029, is structured to align her interests with the success of LGI Homes, Inc. Her compensation package includes a $975,000 salary paired with a bonus of $590,087, which is heavily based on the company’s performance metrics—revenue and home closings. These metrics aim to drive results that benefit not only the company but also its shareholders. Interestingly, while her compensation appears substantial, it reflects an executive pay philosophy where most of the pay is tied to the company's operational success rather than guaranteed stock options or grants that may not materialize if performance criteria are not met. This clear focus on performance encourages a culture of accountability and value creation in the housing sector.

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.

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