Sundar PichaiSundar Pichai earned $164M in 2023
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Steven J. Hilton

Founder and Ex-CEO of Meritage Homes

Education

Not specified

Field of Expertise

Business & Management

Born

June 10, 1966 - 58 years ago

Economy Sector

Consumer Cyclical

Tenure

14 years 7 months (May 2006 - Jan 2021)

Previous Experience

Co-founded Monterey Homes in 1985, which became publicly traded and combined with Legacy Homes in 1997 to form Meritage Homes Corporation.

Steven J. Hilton has been a key figure at Meritage Homes Corporation since 2006, serving as CEO until January 1, 2021. During his time, he guided the company through various challenges, notably securing performance-based bonuses tied to impressive metrics like...

Year

2020

Total Compensation

$1.04M

Salary

$1.00M

Board Justification

The compensation philosophy is designed to align with performance metrics and market competitiveness, focusing on long-term value creation for stockholders.

Bonus

$0.00

Board Justification

No bonus was awarded for 2020.

Other

$43.51K

Board Justification

Other compensation includes health insurance premiums and 401(k) match.

Restricted Stock

$0.00(0 N/A)

Board Justification

No stock vested in 2020 as the focus is on the compensation structure excluding stock grants.

Performance Metrics

Performance metrics include adjusted EBITDA, number of home closings, and customer satisfaction ratings.