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Lennar Corporation (LEN-B)


NYSE - NYSE Delayed Price. Currency in USD
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44.95-0.10 (-0.22%)
At close: 4:02PM EDT

Lennar Corporation

700 Northwest 107th Avenue
Miami, FL 33172
United States
305-559-4000
http://www.lennar.com

Sector
Industry
Full Time Employees8,335

Key Executives

NameTitlePayExercisedAge
Mr. Stuart A. MillerChief Exec. Officer and Director14.44MN/A59
Mr. Richard BeckwittPres13.19MN/A58
Mr. Bruce E. GrossChief Financial Officer and VP3.19MN/A58
Mr. Jonathan M. JaffeChief Operating Officer and VP13.19MN/A57
Mr. Mark SustanaGen. Counsel and Sec.1.23MN/A55
Amounts are as of December 31, 2016 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

Lennar Corporation, together with its subsidiaries, engages in the homebuilding activities in the United States. The company operates through Homebuilding East, Homebuilding Central, Homebuilding West, Lennar Financial Services, Rialto, and Lennar Multifamily segments. Its homebuilding activities primarily include the construction and sale of single-family attached and detached homes to first-time, move-up, and active adult homebuyers, as well as the purchase, development, and sale of residential land. The company also offers real estate related financial services, including mortgage financing, title insurance, and closing services for home buyers and others, as well as personal lines, property, and casualty insurance products. In addition, it is involved in raising, investing, and managing third party capital; and originating and selling into securitizations commercial mortgage loans, as well as investing in real estate related mortgage loans, properties, and related securities. Further, the company sponsors, invests, and manages private equity vehicles, and provides asset management and other services to the vehicles and other third parties. Additionally, the company develops multifamily rental properties. Lennar Corporation was founded in 1954 and is based in Miami, Florida.

Corporate Governance

Lennar Corporation’s ISS Governance QualityScore as of July 1, 2017 is 10. The pillar scores are Audit: 1; Board: 8; Shareholder Rights: 9; Compensation: 10.

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.