The Real Deal Miami

Lennar CEO loses bonus

March 05, 2009 10:31AM

Another tough year in the housing market meant Stuart Miller, president and chief executive officer of Miami-based builder Lennar, did not receive a bonus again in 2008. The stock has lost 60 percent of its value in the last year. Miller earned $1 million in salary in 2008 but did not get a bonus or stock. In 2005 he got a $21.8 million bonus.