LEN
Residential Construction · Consumer Cyclical
CEO, Board Member
2020-11-02–2023-09-01
Equibles does not estimate personal net worth.
Earlier roles on record: CEO and Board Member at Lennar Corp (LEN) until September 1, 2023. Lennar Corp reported in an 8-K filed July 14, 2023 that Rick Beckwitt resigned as member of the Board of Directors, effective September 1, 2023. Lennar Corp reported in an 8-K filed July 14, 2023 that Rick Beckwitt retired as Co-Chief Executive Officer and Co-President, effective September 1, 2023. The proxy statement of Lennar Corp reports total compensation of $43,807,563 for Rick Beckwitt in fiscal 2023, including a base salary of $535,385. Disclosed compensation is on record for 7 fiscal years. Rick Beckwitt has spoken on 13 earnings calls across 1 company, most recently for Lennar Corp on June 14, 2023. The companies whose calls Rick Beckwitt spoke on are classified in the Consumer Cyclical sector.
“Rick Beckwitt, who joined the Company in 2006 and who has served as a Co-Chief Executive Officer and Co-President of the Company since November 2020, has decided to retire as a Co-Chief Executive Officer and Co-President and resign as a member of the Board of Directors of the Company, effective September 1, 2023.”
“Rick Beckwitt, who joined the Company in 2006 and who has served as a Co-Chief Executive Officer and Co-President of the Company since November 2020, has decided to retire as a Co-Chief Executive Officer and Co-President and resign as a member of the Board of Directors of the Company, effective September 1, 2023.”
“As you can tell from Stuart's opening comments, the housing market has continued to normalize and recover as buyers have become more comfortable with higher mortgage rates.”
“As you can tell from Stuart's opening comments, the overall housing market has continued to be impacted by higher mortgage rates, which has impacted affordability and homebuyer confidence.”
“As you can tell from Stuart’s opening comments, the overall housing market has been reacting to a significant increase in mortgage rates, which has impacted affordability and home buyer confidence.”
“As you can tell from Stuart's opening comments, the housing market has been reacting to a significant increase in mortgage rates, increased sales prices, continued inflation and the impact of a declining stock market.”
“As you can tell from Stuart's opening comments, the housing market is very strong. Our team is extremely well-coordinated, and our financial results continue to benefit from a solid execution of our core operating strategies.”
2022-04-14–2023-09-01
2020-11-02–2023-09-01
Start not stated–2023-09-01
LEN
Residential Construction · Consumer Cyclical
CEO, Board Member
2020-11-02–2023-09-01
Compensation components disclosed in company proxy statements. Amounts are nominal USD; total is the company-reported figure.
| Fiscal year | Company | Role | Salary | Total |
|---|---|---|---|---|
| 2023 | Lennar Corp (LEN) | Former Co-Chief Executive Officer and Co-President | $535,385 | $43,807,563 |
| 2022 | Lennar Corp (LEN) | Former Co-Chief Executive Officer and Co-President | $800,000 | $30,447,048 |
| 2021 | Lennar Corp (LEN) | Former Co-Chief Executive Officer and Co-President | $800,000 | $34,045,217 |
| 2020 | Lennar Corp (LEN) | Co-Chief Executive Officer and Co-President | $800,000 | $21,983,118 |
| 2019 | Lennar Corp (LEN) | Co-Chief Executive Officer and Co-President | $800,000 | $18,279,581 |
| 2018 | Lennar Corp (LEN) | Co-Chief Executive Officer and Co-President | $800,000 | $17,583,466 |
| 2017 | Lennar Corp (LEN) | Chief Executive Officer | $800,000 | $17,045,921 |