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Hovnanian Enterprises Inc. (HOV)

1.57 Down 0.03(1.87%) 4:00PM EDT
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Hovnanian Enterprises Inc.
110 West Front Street
PO Box 500
Red Bank, NJ 07701
United States - Map
Phone: 732-747-7800

Index Membership:N/A
Sector:Industrial Goods
Industry:Residential Construction
Full Time Employees:2,078

Business Summary 

Hovnanian Enterprises, Inc. designs, constructs, markets, and sells residential homes in the United States. It constructs single-family detached homes, attached townhomes and condominiums, urban infill, and active lifestyle homes. The company markets its build homes for first-time buyers, first-time and second-time move-up buyers, luxury buyers, active lifestyle buyers, and empty nesters in 219 communities in 34 markets. It also provides financial services comprising originating mortgages from homebuyers and selling such mortgages in the secondary market, as well as offers title insurance services. The company was founded in 1959 and is headquartered in Red Bank, New Jersey.

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Corporate Governance 
Hovnanian Enterprises Inc.’s ISS Governance QuickScore as of May 1, 2016 is 8. The pillar scores are Audit: 1; Board: 9; Shareholder Rights: 6; Compensation: 8.
Brought to you by Institutional Shareholder Services (ISS)

Key Executives 
Mr. Ara K. Hovnanian , 59
Chairman, Chief Exec. Officer and Pres
Mr. J. Larry Sorsby , 61
Chief Financial Officer, Exec. VP and Director
Mr. Thomas J. Pellerito , 69
Chief Operating Officer
Mr. Brad G. O'Connor , 46
Chief Accounting Officer, VP and Corp. Controller
Mr. Paul Marabella ,
Chief Information Officer and VP
Amounts are as of Dec 31, 2015 and compensation values are for the last fiscal year ending on that date. Pay is salary, bonuses, etc.Exercised is the value of options exercised during the fiscal year.
Currency in USD.
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