LGI Homes, Inc. (LGIH)

95.85 +0.97 (+1.02%) At close: 04:00PM EDT

LGI Homes, Inc.

1450 Lake Robbins Drive
Suite 430
The Woodlands, TX 77380
United States
281 362 8998
https://www.lgihomes.com

Sector(s): Consumer Cyclical
Industry: Residential Construction
Full-time employees: 1,089

Key executives

Name	Title	Pay	Exercised	Year born
Mr. Eric Thomas Lipar	Chairman & CEO	2.45M	N/A	1971
Mr. Michael Larry Snider	President & COO	1.39M	N/A	1971
Mr. Charles Michael Merdian	CFO & Treasurer	1.24M	N/A	1970
Mr. Scott J. Garber	General Counsel & Corporate Secretary	783.45k	N/A	1972
Joshua D. Fattor	Vice President of Investor Relations & Capital Markets	N/A	N/A	N/A
Ms. Rachel Lyons Eaton	Chief Marketing Officer	804.37k	N/A	1982
Mr. Jack Anthony Lipar	Executive Vice President of Acquisitions	789.37k	N/A	1969
Mr. Chris Kelly	Southwest Division President	N/A	N/A	N/A

Amounts are as of 31 December 2023, and compensation values are for the last fiscal year ending on that date. Pay includes salary, bonuses, etc. Exercised is the value of options exercised during the fiscal year. Currency in USD.

Description

LGI Homes, Inc. designs, constructs, and sells homes. It offers entry-level homes, such as attached and detached homes, and active adult homes under the LGI Homes brand name; and luxury series homes under the Terrata Homes brand name. The company also engages in the wholesale business, which include building and selling homes to large institutions looking to acquire single-family rental properties. It serves customers in Texas, Arizona, Florida, Georgia, New Mexico, Colorado, North Carolina, South Carolina, Washington, Tennessee, Minnesota, Oklahoma, Alabama, California, Oregon, Nevada, West Virginia, Virginia, Pennsylvania, Maryland, and Utah. LGI Homes, Inc. was founded in 2003 and is headquartered in The Woodlands, Texas.

Corporate governance

LGI Homes, Inc.’s ISS governance QualityScore as of 1 April 2024 is 5. The pillar scores are Audit: 7; Board: 6; Shareholder rights: 7; Compensation: 3.

Corporate governance scores courtesy of Institutional Shareholder Services (ISS). Scores indicate decile rank relative to index or region. A decile score of 1 indicates lower governance risk, while 10 indicates higher governance risk.