KB Home’s board will cut Chief Executive Officer Jeffrey Mezger’s annual bonus by 25 percent as punishment for his profanity-laced tirade against comedian Kathy Griffin and warned he’ll be dismissed if he does anything like that again.
Mezger’s bonus for the fiscal year ending Nov. 30 will be reduced by $375,000, based on performance targets, because of “recent behavior in his personal dealings with a neighbor,” the board said in a regulatory filing Thursday, calling his conduct “unacceptable.”
