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Hovnanian Enterprises Inc. (HOV)

-NYSE

1.89 Up 0.03(1.61%) May 25, 4:04PM EDT|After Hours: 1.89 0.00 (0.00%) May 25, 4:47PM 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
Fax: 732-747-7159
Website: http://www.khov.com

Details 
Index Membership:N/A
Sector:Industrial Goods
Industry:Residential Construction
Full Time Employees:1,500

Business Summary 

Hovnanian Enterprises, Inc. designs, constructs, markets, and sells residential homes in the United States. It constructs single-family attached and detached homes, attached townhomes and condominiums, and urban infill and active adult homes. The company markets its build homes for first-time buyers, first-time and second-time move-up buyers, luxury buyers, active adult buyers, and empty nesters in 192 communities in 37 markets. It also provides financial services, including originating mortgages from homebuyers and selling such mortgages in the secondary market, as well as 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 Governance Risk Indicator (GRI®) as of May 1, 2012 is: Audit (Medium Concern), Board (Medium Concern), Compensation (Medium Concern), Shareholder Rights (Low Concern).
Brought to you by Institutional Shareholder Services (ISS)

Key Executives 
 PayExercised
Mr. Ara K. Hovnanian , 55
Chairman, Chief Exec. Officer and Pres
2.21M0.00
Mr. J. Larry Sorsby , 57
Chief Financial Officer, Exec. VP and Director
998.00K0.00
Mr. Thomas J. Pellerito , 64
Chief Operating Officer
792.00K0.00
Mr. Brad G. O'Connor , 41
Chief Accounting Officer, VP and Corp. Controller
397.00K0.00
Mr. David G. Valiaveedan , 45
VP of Fin. and Treasurer
370.00K0.00
Amounts are as of Dec 30, 2011 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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