Cavco Industries (CVCO) executive compensation, 2025 proxy

Bill Boor, CEO, was paid $7.6M in 2025, up 69% from $4.5M the year before. The CEO-to-median-employee pay ratio was 135:1, on median employee pay of $56,700.

Filed
June 16, 2025
Annual meeting
July 29, 2025
Pay year
2025
Named executives
5
CEO total pay
$7.6M+69% vs prior year
CEO to median employee
135:1median $56,700
CEO pay in equity
60%$4.5M in awards
CEO stock awards
$4,549,586Largest compensation component
CEO incentive payout
$2,027,910FY2025 STIP payout
CEO maximum PRSUs
$5,442,704Maximum performance value
NEO total compensation
$15,053,?

How Boor was paid

$7.6M in total for 2025, as reported in the Summary Compensation Table. Equity awards are valued at grant, not at what they turned out to be worth.

Salary14%Stock awards60%Non-equity incentive27%All other compensation0%

Named executive officers

ExecutiveTotal
Bill BoorCEO$7,639,958
Allison AdenCFO$2,980,894
Brian CiraPresident (Manufacturing)$1,593,410
Matt NiñoPresident (Retail)$1,392,267
Seth SchuknechtGeneral Counsel$1,438,398

What changed and why

  • $7.6M$7,639,958 was CEO Bill Boor’s FY2025 total compensation, up from $4,510,808 in FY2024.
  • $4.5M$4,549,586 in CEO stock awards represented the largest component of FY2025 compensation.
  • $2M$2,027,910 was the CEO’s FY2025 short-term incentive payout based on Company and individual performance.
  • $56,700135:1 was the FY2025 CEO-to-median-employee pay ratio, based on median employee compensation of $56,700.
  • $5.4M$5,442,704 was the maximum-performance grant-date value of the CEO’s FY2025 PRSUs.
  • 22.9%22.9% was factory-built housing gross profit as a percentage of FY2025 net revenue, a key business performance measure.

Other Cavco Industries proxy statements

About this page

Figures are automated and can be wrong; check the filing for the exact numbers. Totals follow SEC rules, which value stock and option awards at grant. Read the DEF 14A proxy statement for footnotes and the compensation committee's full reasoning.