Lennar Chief Executive Got 23% Increase in Pay Last Year
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Lennar Corp., the third-largest U.S. homebuilder by revenue, paid Chief Executive Officer Stuart Miller $11.9 million last year, a 23 percent increase from 2010, according to a regulatory filing.
Miller’s pay consisted of $1 million in salary, $9.2 million in stock awards, $1.55 million cash bonus and $100,000 in dividends, the Miami-based company said today in the filing.