14. Dale Francescon, Century Communities 2014 Salary % Total
Robert J. Francescon, Century Communities Breakdown ($) Comp
% Change Vs. 2013    
27.55%    
Base salary 681,891 16.29%
Bonus 250,000 5.97%
Stock Awards 1,499,990 35.83%
Options Awards 0 0.00%
Non-Equity Incentive 1,687,500 40.31%
Change in Pension Value 0 0.00%
All Other Comp 66,842 1.60%
TOTAL COMP 4,186,223  


  • The co-CEOs each earned a raise in base salary, from $500,000 to $681,000, reflecting the fact that their compensation was raised to $750,000 during 2014, resulting in the odd amount.
  • The non-equity incentive amount of $1,687,500 was earned by achieving, and exceeding, three performance metrics: a threshold of 520 closings, revenue of at least $205.9 million, and EBITDA of at least $18.8 million. They achieved the maximum on all counts (with actuals of 1,046 closings and revenue of $362.4 million, and EBITDA of  $41.7 million). 
  • The $1,499,900 in stock awards were given out pre-IPO. In all, the co-CEOs were awarded 70,093 shares, determined in part by looking at its peer group, based on a price of $21.40.