Sheryl Palmer is the President and CEO of Taylor Morrison Home Corporation, where she has been a key player since 2007, bringing over a decade of industry experience. With a degree in Business Administration from UC Berkeley, she's built a...

Number of Employees

3K

Year

2022

Total Compensation

$5.45M

Salary

$1.00M

Board Justification

The compensation philosophy emphasizes a pay-for-performance structure, aligning executive compensation with company performance and shareholder interests, while also considering competitive market practices.

Bonus

$4.40M

Board Justification

The bonus was based on the achievement of performance goals under the annual cash incentive bonus program, with an actual attainment percentage of 90% resulting in a payout of $2,250,000 for the 2022 annual bonus program.

Other

$45.59K

Board Justification

Other compensation includes 401(k) company match, life insurance premiums, auto allowance, and perquisites.

Restricted Stock

$0.00(0 RSU)

Board Justification

No stock was vested in 2022 as the focus was on performance-based RSUs and stock options that are not included in the total compensation calculations.

Performance Metrics

The performance metrics for determining the compensation included total company performance goals such as earnings before taxes (EBT) and home sales gross margin.

SEC Filing

From April 14, 2023

Sheryl Palmer

Ex-CEO of Taylor Morrison Home Corporation

SP

Education

Bachelor's degree in Business Administration from the University of California, Berkeley

Field of Expertise

Business & Management

Born

November 12, 1963 - 61 years ago

Is Founder?

No

Tenure

8 years 7 months (Oct 2013 - May 2022)

Previous Experience

President and CEO of Taylor Morrison Home Corporation