KB CEO was paid $16.4 million
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From Times Wire Services
KB Home Chief Executive Jeffrey Mezger received compensation of $16.4 million last year as housing demand and the firm’s stock price slumped.
Mezger’s compensation in the fiscal year ended Nov. 30 included a base salary of $1 million, a bonus of $6 million, stock awards of $4.2 million and stock options worth $3.7 million, the Westwood company said in a regulatory filing.
Shares rose 23 cents to $23.06. They have fallen 51.7% in the last year.
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