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Lennar Corporation (LEN)

NYSE - NYSE Delayed price. Currency in USD
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99.22-1.39 (-1.38%)
At close: 04:00PM EST
99.87 +0.65 (+0.66%)
Pre-market: 09:04AM EST

Lennar Corporation

5505 Blue Lagoon Drive
Miami, FL 33126
United States
305 559 4000
https://www.lennar.com

Sector(s)Consumer Cyclical
IndustryResidential Construction
Full-time employees12,012

Key executives

NameTitlePayExercisedYear born
Mr. Stuart A. MillerExec. Chairman19.93MN/A1958
Mr. Jonathan M. JaffeCo-CEO, Co-Pres & Director17.44MN/A1960
Mr. Richard BeckwittCo-CEO, Co-Pres & Director17.44MN/A1959
Ms. Diane J. BessetteVP, CFO & Treasurer3.54MN/A1961
Mr. Mark Sustana Esq.VP, Gen. Counsel & Sec.1.65MN/A1962
Mr. Jeffrey J. McCall B.S., M.A., P.T.Exec. VP3.13MN/A1971
Mr. Fred B. RothmanChief Operating OfficerN/AN/AN/A
Ms. Kay L. HowardChief Marketing & Communications OfficerN/AN/AN/A
Tench TilghmanPres of Pennsylvania & Delaware MarketsN/AN/AN/A
Anthony MignonePres of New Jersey & New York MarketsN/AN/AN/A
Amounts are as of 31 December 2021, and compensation values are for the last fiscal year ending on that date. Pay includes 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, Financial Services, Multifamily, and Lennar Other 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; and development, construction, and management of multifamily rental properties. It also offers residential mortgage financing, title, insurance, and closing services for home buyers and others, as well as originates and sells securitization commercial mortgage loans. In addition, the company is involved in the fund investment activity. It primarily serves first-time, move-up, active adult, and luxury homebuyers. Lennar Corporation was founded in 1954 and is based in Miami, Florida.

Corporate governance

Lennar Corporation’s ISS governance QualityScore as of 28 January 2023 is 10. The pillar scores are Audit: 2; Board: 9; Shareholder rights: 10; Compensation: 9.

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 10 indicates higher governance risk.