CVCO - Cavco Industries, Inc.

NasdaqGS - NasdaqGS Real Time Price. Currency in USD

Cavco Industries, Inc.

3636 North Central Avenue
Suite 1200
Phoenix, AZ 85012
United States
602-256-6263
http://www.cavco.com

SectorConsumer Cyclical
IndustryResidential Construction
Full Time Employees4,650

Key Executives

NameTitlePayExercisedYear Born
Mr. William C. BoorPres, CEO & Director139kN/A1966
Mr. Daniel Loren UrnessExec. VP, CFO & Treasurer834.38k984.48k1968
Mr. Joshua J. BarsettiChief Accounting Officer267.06kN/A1980
Mr. Steven Keith LikeSr. VP of Admin.373.49k529.2k1957
Mr. Charles E. LottPres of Fleetwood Homes Inc872.58k122.66k1948
Amounts are as of December 31, 2019 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.

Description

Cavco Industries, Inc. designs, produces, and retails manufactured homes primarily in the United States. It operates in two segments, Factory-Built Housing and Financial Services. The company markets its manufactured homes under the Cavco, Fleetwood, Palm Harbor, Fairmont, Friendship, Chariot Eagle, and Lexington brands. It also builds park model RVs; vacation cabins; and systems-built commercial structures, including apartment buildings, condominiums, hotels, workforce housing, schools, and housing for the United States military troops. In addition, the company produces modular homes, such as single and multi-module ranch, split-level, and Cape Cod style homes, as well as two and three story homes and multi-family units primarily under the Nationwide Homes brand. Further, it provides conforming mortgages, non-conforming mortgages, and home-only loans to purchasers of various brands of factory-built homes sold by company-owned retail sales centers, as well as various independent distributors, builders, communities, and developers. Additionally, the company offers property and casualty insurance to owners of manufactured homes. As of March 30, 2019, it operated 38 retail centers in Oregon, Arizona, New Mexico, Texas, Oklahoma, and Florida, Texas. The company also distributes its homes through a network of independent distribution points in 44 states and Canada; and through planned community operators and residential developers. Cavco Industries, Inc. was founded in 1965 and is headquartered in Phoenix, Arizona.

Corporate Governance

Cavco Industries, Inc.’s ISS Governance QualityScore as of October 4, 2019 is 7. The pillar scores are Audit: 5; Board: 4; Shareholder Rights: 8; Compensation: 6.

Corporate governance scores courtesy of Institutional Shareholder Services (ISS). Scores indicate decile rank relative to index or region. A decile score of 1 indicates lower governance risk, while a 10 indicates higher governance risk.