Brian J. Woram
COO
Kb Home (KBH)Equibles does not estimate personal net worth.
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Brian J. Woram is recorded as COO at Kb Home (KBH). The proxy statement of Kb Home reports total compensation of $2,748,998 for Brian J. Woram in fiscal 2020, including a base salary of $620,000. Disclosed compensation is on record for 3 fiscal years. Kb Home is classified in the Residential Construction industry within the Consumer Cyclical sector. Other leadership on record at Kb Home includes Robert V. McGibney (CEO and Board Member), Jeffrey T. Mezger (Chairman), Robert R. Dillard (CFO) and 6 others.
Affiliation history
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Current
Company network
Leadership on record at Kb Home
- Robert V. McGibney CEO, Board Member
- Jeffrey T. Mezger Chairman
- Robert R. Dillard CFO
- Mathew W. Mandino COO
- Arthur R. Collins Board Member
- Brian R. Niccol Board Member
- Cheryl J. Henry Board Member
- Jodeen A. Kozlak Board Member
- Kevin P. Eltife Board Member
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 |
|---|---|---|---|---|
| 2020 | Kb Home (KBH) | Executive Vice President and General Counsel (a) Salary. As discussed under “Base Salaries,” there have been no changes to NEO annual base salary levels since July 2019. (b) Stock Awards and Option Awards. These amounts represent the aggregate grant date fair value of stock awards (consisting of only PSUs) computed as described in Note 21 — Employee Benefit and Stock Plans in the Notes to the Consolidated Financial Statements in our Annual Report, except that estimates of forfeitures related to service-based vesting conditions have been disregarded. They do not represent realized compensation. The 2020 stock awards represent the grant date fair value of the probable award of shares of our common stock underlying the PSUs granted. The grant date fair value of the PSUs if maximum performance is achieved is as follows: Mr. Mezger 10,000,018; Mr. Kaminski 2,800,034; Mr. Mandino 3,999,992; Mr. Praw 1,799,976; and Mr. Woram 1,699,986. (c) Non-Equity Incentive Plan Compensation. For Mr. Mandino, the amounts reflect the sum of his annual incentives, and payouts of performance cash awards of 337,639 in 2020, 392,193 in 2019 and 261,625 in 2018, granted to him prior to his promotion to Chief Operating Officer in 2018. For all other NEOs, the amounts reflect only their annual incentive payouts. (d) Change in Pension Value and Nonqualified Deferred Compensation Earnings. These amounts (as applicable) reflect the increase in the actuarial present value of accumulated benefits under our Retirement Plan. These changes are tied to interest rate fluctuations and do not reflect any cash or other compensation received by Mr. Mezger. The amounts attributed to the change in actuarial present value in 2020, 2019 and 2018 were 1,145,487, 1,060,833 and (516,726), respectively. (e) All Other Compensation. The amounts shown consist of minimal incremental costs associated with spousal travel expenses in connection with a business-related event for each NEO and the following items: ■ 401(k) Plan and DCP Matching Contributions. The respective aggregate 2020, 2019 and 2018 401(k) Plan and DCP matching contributions we made to our NEOs were as follows: Mr. Mezger 63,100, 62,800 and 62,500; Mr. Kaminski 44,700, 44,000 and 42,625; Mr. Mandino 42,350, 16,800 and 15,883; Mr. Praw 37,200, 36,675 and 35,600; and Mr. Woram 37,200, 36,675 and 35,600. ■ Premium Payments. The respective aggregate premiums we paid for our NEOs in 2020, 2019 and 2018 for a supplemental medical expense reimbursement plan and life insurance policies, as described under “Other Benefits,” were as follows: Mr. Mezger 14,652, 14,652 and 14,651; Mr. Kaminski 13,152, 13,152 and 13,101; Mr. Mandino 13,092, 13,092 and 13,091; Mr. Praw 12,684, 12,684 and 12,683; and Mr. Woram 13,097, 13,092 and 13,091. ■ Relocation Assistance. In our 2019 fiscal year, Mr. Mandino received 86,754 in relocation-related payments or reimbursements to cover various moving expenses, temporary housing and any personal tax liability associated therewith in connection with his promotion to Chief Operating Officer and move from Colorado to California. In our 2018 fiscal year, Mr. Mandino received 460,441 in such payments or reimbursements. Mr. Mandino received no such assistance in our 2020 fiscal year. | $620,000 | $2,748,998 |
| 2019 | Kb Home (KBH) | Executive Vice President and General Counsel (a) Salary. As discussed under “Base Salaries,” there have been no changes to NEO annual base salary levels since July 2019. (b) Stock Awards and Option Awards. These amounts represent the aggregate grant date fair value of stock awards (consisting of only PSUs) computed as described in Note 21 — Employee Benefit and Stock Plans in the Notes to the Consolidated Financial Statements in our Annual Report, except that estimates of forfeitures related to service-based vesting conditions have been disregarded. They do not represent realized compensation. The 2020 stock awards represent the grant date fair value of the probable award of shares of our common stock underlying the PSUs granted. The grant date fair value of the PSUs if maximum performance is achieved is as follows: Mr. Mezger 10,000,018; Mr. Kaminski 2,800,034; Mr. Mandino 3,999,992; Mr. Praw 1,799,976; and Mr. Woram 1,699,986. (c) Non-Equity Incentive Plan Compensation. For Mr. Mandino, the amounts reflect the sum of his annual incentives, and payouts of performance cash awards of 337,639 in 2020, 392,193 in 2019 and 261,625 in 2018, granted to him prior to his promotion to Chief Operating Officer in 2018. For all other NEOs, the amounts reflect only their annual incentive payouts. (d) Change in Pension Value and Nonqualified Deferred Compensation Earnings. These amounts (as applicable) reflect the increase in the actuarial present value of accumulated benefits under our Retirement Plan. These changes are tied to interest rate fluctuations and do not reflect any cash or other compensation received by Mr. Mezger. The amounts attributed to the change in actuarial present value in 2020, 2019 and 2018 were 1,145,487, 1,060,833 and (516,726), respectively. (e) All Other Compensation. The amounts shown consist of minimal incremental costs associated with spousal travel expenses in connection with a business-related event for each NEO and the following items: ■ 401(k) Plan and DCP Matching Contributions. The respective aggregate 2020, 2019 and 2018 401(k) Plan and DCP matching contributions we made to our NEOs were as follows: Mr. Mezger 63,100, 62,800 and 62,500; Mr. Kaminski 44,700, 44,000 and 42,625; Mr. Mandino 42,350, 16,800 and 15,883; Mr. Praw 37,200, 36,675 and 35,600; and Mr. Woram 37,200, 36,675 and 35,600. ■ Premium Payments. The respective aggregate premiums we paid for our NEOs in 2020, 2019 and 2018 for a supplemental medical expense reimbursement plan and life insurance policies, as described under “Other Benefits,” were as follows: Mr. Mezger 14,652, 14,652 and 14,651; Mr. Kaminski 13,152, 13,152 and 13,101; Mr. Mandino 13,092, 13,092 and 13,091; Mr. Praw 12,684, 12,684 and 12,683; and Mr. Woram 13,097, 13,092 and 13,091. ■ Relocation Assistance. In our 2019 fiscal year, Mr. Mandino received 86,754 in relocation-related payments or reimbursements to cover various moving expenses, temporary housing and any personal tax liability associated therewith in connection with his promotion to Chief Operating Officer and move from Colorado to California. In our 2018 fiscal year, Mr. Mandino received 460,441 in such payments or reimbursements. Mr. Mandino received no such assistance in our 2020 fiscal year. | $611,250 | $2,655,156 |
| 2018 | Kb Home (KBH) | Executive Vice President and General Counsel (a) Salary. As discussed under “Base Salaries,” there have been no changes to NEO annual base salary levels since July 2019. (b) Stock Awards and Option Awards. These amounts represent the aggregate grant date fair value of stock awards (consisting of only PSUs) computed as described in Note 21 — Employee Benefit and Stock Plans in the Notes to the Consolidated Financial Statements in our Annual Report, except that estimates of forfeitures related to service-based vesting conditions have been disregarded. They do not represent realized compensation. The 2020 stock awards represent the grant date fair value of the probable award of shares of our common stock underlying the PSUs granted. The grant date fair value of the PSUs if maximum performance is achieved is as follows: Mr. Mezger 10,000,018; Mr. Kaminski 2,800,034; Mr. Mandino 3,999,992; Mr. Praw 1,799,976; and Mr. Woram 1,699,986. (c) Non-Equity Incentive Plan Compensation. For Mr. Mandino, the amounts reflect the sum of his annual incentives, and payouts of performance cash awards of 337,639 in 2020, 392,193 in 2019 and 261,625 in 2018, granted to him prior to his promotion to Chief Operating Officer in 2018. For all other NEOs, the amounts reflect only their annual incentive payouts. (d) Change in Pension Value and Nonqualified Deferred Compensation Earnings. These amounts (as applicable) reflect the increase in the actuarial present value of accumulated benefits under our Retirement Plan. These changes are tied to interest rate fluctuations and do not reflect any cash or other compensation received by Mr. Mezger. The amounts attributed to the change in actuarial present value in 2020, 2019 and 2018 were 1,145,487, 1,060,833 and (516,726), respectively. (e) All Other Compensation. The amounts shown consist of minimal incremental costs associated with spousal travel expenses in connection with a business-related event for each NEO and the following items: ■ 401(k) Plan and DCP Matching Contributions. The respective aggregate 2020, 2019 and 2018 401(k) Plan and DCP matching contributions we made to our NEOs were as follows: Mr. Mezger 63,100, 62,800 and 62,500; Mr. Kaminski 44,700, 44,000 and 42,625; Mr. Mandino 42,350, 16,800 and 15,883; Mr. Praw 37,200, 36,675 and 35,600; and Mr. Woram 37,200, 36,675 and 35,600. ■ Premium Payments. The respective aggregate premiums we paid for our NEOs in 2020, 2019 and 2018 for a supplemental medical expense reimbursement plan and life insurance policies, as described under “Other Benefits,” were as follows: Mr. Mezger 14,652, 14,652 and 14,651; Mr. Kaminski 13,152, 13,152 and 13,101; Mr. Mandino 13,092, 13,092 and 13,091; Mr. Praw 12,684, 12,684 and 12,683; and Mr. Woram 13,097, 13,092 and 13,091. ■ Relocation Assistance. In our 2019 fiscal year, Mr. Mandino received 86,754 in relocation-related payments or reimbursements to cover various moving expenses, temporary housing and any personal tax liability associated therewith in connection with his promotion to Chief Operating Officer and move from Colorado to California. In our 2018 fiscal year, Mr. Mandino received 460,441 in such payments or reimbursements. Mr. Mandino received no such assistance in our 2020 fiscal year. | $593,333 | $2,629,868 |
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