LEN - Lennar Corporation

NYSE - NYSE Delayed Price. Currency in USD

Lennar Corporation

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

SectorIndustrial Goods
IndustryResidential Construction
Full Time Employees11,626

Key Executives

NameTitlePayExercisedYear Born
Mr. Stuart A. MillerExec. Chairman10.62MN/A1958
Mr. Richard BeckwittCEO & Director9.12MN/A1959
Mr. Jonathan M. JaffePres & Director8.07MN/A1960
Ms. Diane J. BessetteVP, CFO & Treasurer2.02MN/A1961
Mr. Mark SustanaVP, Gen. Counsel & Sec.1.47MN/A1962
Amounts are as of December 31, 2018 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, operates as a homebuilder primarily under the Lennar brand in the United States. It operates through Homebuilding East, Homebuilding Central, Homebuilding Texas, Homebuilding West, Lennar Financial Services, Lennar Multifamily, and Rialto segments. The company's homebuilding operations include the construction and sale of single-family attached and detached homes, as well as the purchase, development, and sale of residential land. It primarily sells single-family attached and detached homes in communities targeted to first-time homebuyers, move-up homebuyers, active adult homebuyers, and luxury homebuyers. The company also offers mortgage financing, title insurance, and closing services for home buyers and others. 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 develops, constructs, and manages 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 October 4, 2019 is 10. The pillar scores are Audit: 1; Board: 7; Shareholder Rights: 10; Compensation: 8.

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.