Lennar Corp
LEN
Residential Construction · Consumer Cyclical
CEO, Board Member
2022-04-14–2025-12-31
Jonathan M. Jaffe
Equibles does not estimate personal net worth.
About Jonathan M. Jaffe
Earlier roles on record: CEO and Board Member at Lennar Corp (LEN) until December 31, 2025. Lennar Corp reported in an 8-K filed November 14, 2025 that Jonathan M. Jaffe resigned as director of the Board, effective December 31, 2025. Lennar Corp reported in an 8-K filed November 14, 2025 that Jonathan M. Jaffe retired as Co-Chief Executive Officer and President, effective December 31, 2025. The proxy statement of Lennar Corp reports total compensation of $23,376,732 for Jonathan M. Jaffe in fiscal 2025, including a base salary of $800,000. Disclosed compensation is on record for 9 fiscal years.
“On November 12, 2025, Jonathan M. Jaffe, who joined Lennar Corporation (the “Company”) in 1983 and who has served as Co-Chief Executive Officer and President of the Company since September 2023, notified the Board of Directors (the “Board”) of the Company of his decision to retire as Co-Chief Executive Officer and President of the Company and accordingly, to resign as a director of the Board of the Company, in each case, effective as of December 31, 2025.”
“On November 12, 2025, Jonathan M. Jaffe, who joined Lennar Corporation (the “Company”) in 1983 and who has served as Co-Chief Executive Officer and President of the Company since September 2023, notified the Board of Directors (the “Board”) of the Company of his decision to retire as Co-Chief Executive Officer and President of the Company and accordingly, to resign as a director of the Board of the Company, in each case, effective as of December 31, 2025.”
Affiliation history
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2022-04-14–2025-12-31
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Start not stated–2025-12-31
Company network
Executive compensation
Compensation components disclosed in company proxy statements. Amounts are nominal USD; total is the company-reported figure.
| Fiscal year | Company | Role | Salary | Total |
|---|---|---|---|---|
| 2025 | Lennar Corp (LEN) | Former Co-Chief Executive Officer and President | $800,000 | $23,376,732 |
| 2024 | Lennar Corp (LEN) | Co-Chief Executive Officer and President | $800,000 | $25,086,806 |
| 2023 | Lennar Corp (LEN) | Co-Chief Executive Officer and President | $800,000 | $29,140,667 |
| 2022 | Lennar Corp (LEN) | Co-Chief Executive Officer and President | $800,000 | $30,032,983 |
| 2021 | Lennar Corp (LEN) | Co-Chief Executive Officer and President | $800,000 | $34,045,217 |
| 2020 | Lennar Corp (LEN) | Co-Chief Executive Officer and Co-President | $800,000 | $19,352,016 |
| 2019 | Lennar Corp (LEN) | Co-Chief Executive Officer and Co-President | $800,000 | $16,118,722 |
| 2018 | Lennar Corp (LEN) | Co-Chief Executive Officer and Co-President | $800,000 | $15,511,237 |
| 2017 | Lennar Corp (LEN) | President | $800,000 | $15,092,546 |