Compensation for the chief executive officer of Beazer Homes USA Inc., an Atlanta-based builder that lost $145.3 million in the last fiscal year, would rise 67 percent under a proposal by the company’s board.
Allan Merrill, 46, Beazer’s president and CEO, would receive pay of $2.94 million for the fiscal year ended Sept. 30, according to a proxy statement filed today with the U.S. Securities and Exchange Commission. That’s up from total compensation of $1.76 million in 2011, his first year as CEO, when the company reported a $204.9 million loss. Beazer has reported losses each year since 2007, totaling $2.08 billion.
