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$HOV
$102.00 +$3.04 (3.07%) Close

Company Executives

$HOV Management Team

Mr. Ara Hovnanian

Chairman of the Board

Chief Executive Officer

Age 68
Compensation $13.65M USD
Sex Male

Mr. Alexander Hovnanian

President

Age 35
Compensation $3.234M USD
Sex Male

Mr. Brad O'Connor

Chief Financial Officer

Senior Vice President

Treasurer

Age 55
Compensation $3.242M USD
Sex Male

Mr. Michael Wyatt

Chief Operating Officer

Age 59
Compensation $4.629M USD
Sex Male

Mr. Jeffrey O'Keefe

Vice President - Investor Relations

Age -
Compensation -
Sex Male

Board of Directors

From the proxy statement filed Feb 9, 2026
Directors
8
serving now
Independent
6 of 6
stated in the proxy; 2 not stated
Average tenure
20.4 years
from year joined
CEO also chairs the board
Yes
Ara K. Hovnanian
Director Age On board Independent Committees Other public boards 2025 pay Source
Ara K. Hovnanian
Board chair, CEO
 68 1981
45 years
 Not stated None stated None stated Paid as CEO
Robert B. Coutts
75 2006
20 years
 Independent
Audit Committee Compensation Committee
None stated $300,976
Miriam Hernandez-Kakol
72 2022
4 years
 Independent None stated None stated $296,476
Edward A. Kangas
Lead independent director
 81 2002
24 years
 Independent
Audit Committee · Chair
None stated $406,473
Joseph A. Marengi
72 2006
20 years
 Independent
Compensation Committee · Chair
None stated $358,473
Vincent Pagano Jr.
75 2013
13 years
 Independent None stated None stated $295,976
Robin Stone Sellers
73 2018
8 years
 Independent None stated None stated $295,976
J. Larry Sorsby
70 1997
29 years
 Not stated None stated None stated $278,480

Each director opens the passage of the proxy that names them. "Not stated" means the proxy does not say; it never means "no". Pay is the proxy's Director Compensation table; the CEO is paid as an executive.

Related-party transactions

2 disclosed in the proxy filed Feb 9, 2026
Tavit Najarian
a relative of Ara K. Hovnanian, our Chairman of the Board and our Chief Executive Officer
$0.7 million
During the year ended October 31, 2025

An engineering firm owned by Tavit Najarian provided services to the Company.

With the Company Open in proxy
Carson Sorsby
the son of J. Larry Sorsby, a member of our Board of Directors
Approximately $245,015
fiscal 2025

Carson Sorsby is employed by the Company as an Account Manager in its mortgage subsidiary and earned commission income.

With the Company Open in proxy

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