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Saturday, November 28, 2009, 12:49AM ET - U.S. Markets Closed. Dow Down 1.48% Nasdaq Down 1.73%
Hovnanian Enterprises Inc. (HOV)On Nov 27: 3.99  Down 0.13 (3.16%)  
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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
Web Site: http://www.khov.com

DETAILS 
Index Membership:N/A
Sector:Industrial Goods
Industry:Residential Construction
Full Time Employees:2,816

BUSINESS SUMMARY 
Hovnanian Enterprises, Inc. engages in homebuilding and financial services businesses in the United States. The company designs, constructs, markets, and sells single-family detached homes, attached townhomes and condominiums, mid-rise and high-rise condominiums, urban infill, and active adult homes. It markets and builds homes for first-time buyers, first-time and second-time move-up buyers, luxury buyers, active adult buyers, and empty nesters. The company offers homes for sale in 284 communities in 44 markets in 18 states in the United States. It also provides various financial services, including originating mortgages from homebuyers, and title insurance activities. Hovnanian Enterprises was founded in 1959 and is headquartered in Red Bank, New Jersey.
Key Statistics

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    CORPORATE GOVERNANCE 
    Hovnanian Enterprises Inc.'s Corporate Governance Quotient (CGQ®) as of 6-Nov-09 is better than 10.3% of Russell 3000 companies and 21.4% of Consumer Durables & Apparel companies.
    Brought to you by Institutional Shareholder Services.

    KEY EXECUTIVES 
     PayExercised
    Mr. Ara K. Hovnanian , 52
    Chairman, Chief Exec. Officer and Pres
    $ 2.07M $ 1.01M
    Mr. J. Larry Sorsby , 54
    Chief Financial Officer, Exec. VP, Treasurer
    $ 930.00K $ 266.00K
    Mr. Paul W. Buchanan , 59
    Chief Accounting Officer and Sr. VP
    $ 447.00K $ 78.00K
    Mr. Peter S. Reinhart , 59
    Sr. VP, Sec. and Gen. Counsel
    $ 434.00K $ 0
    Mr. Tom Standke ,
    Pres of Minnesota Division
    N/A N/A
    Dollar amounts are as of 31-Dec-08 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.
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