Real Estate
NVR Inc Executive Compensation (FY25)
NVR · Reston, VA · Executive and director compensation, fiscal 2022 to 2025
Chief executive, fiscal 2025 ◇ Eugene Bredow | Latest say-on-pay support = May 7, 2026 | Chief executive pay ratio ◇ To the median employee |
Velarion Member: every covered company in Real Estate, with dashboards, peer screens and board-ready briefs. Three seats, one year.
The NVR Inc brief, $1,500
Positioning against its disclosed peers, the governance read, incentive design, and the CD&A alignment analysis; the full peer table; a committee-ready PDF.
From $499 for the board report; $2,400 for both.
Data as of October 22, 2026Latest filing (8-K): May 8, 2026
16 filings cited on this page
Method: intel.velarion.ai/methodology
A report that fails to generate is refunded in full
Published by Velarion Company Intelligence
Velarion Member, one year
158 figures on this page: 145 cited to the filing that reported them, 13 calculated from figures it prints. See the citations
What changed from fiscal 2024 to fiscal 2025
The figures that moved, and by how much. Analysis of these figures is part of the Velarion platform.
Chief executive total compensation — Eugene Bredow: $2,309,548 → $1,748,227 (24.3% lower)
Say-on-pay support: 94.8% → 96.6% (1.8 points higher)
CEO pay ratio: 270:1 → 20:1 (92.6% lower)
Frequently asked questions
Answers drawn from the data on this page.
Who is NVR Inc's chief executive and what were they paid?
Eugene Bredow was paid $1,748,227 in total compensation as President and Chief Executive Officer for fiscal 2025. Compared with the $2,309,548 reported for fiscal 2024, Bredow's total was 24.3% lower.
What was NVR Inc's say-on-pay result?
For fiscal 2025, shareholders backed the say-on-pay proposal with 96.6% of votes cast for or against in favor at the meeting held May 7, 2026.
Which companies are in NVR Inc's peer group?
The disclosed peer group includes D.R. Horton, Inc., KB Home, Lennar Corporation, Meritage Homes Corporation and PulteGroup, Inc., among others.
What is NVR Inc's chief executive pay ratio?
The disclosed chief executive pay ratio for fiscal 2025 is 20:1, against median employee compensation of $88,431.
Executive compensation
Every element reported for each named executive officer, by fiscal year.
Fiscal 2022
| Officer | Salary | Bonus | Stock awards | Option awards | Non-equity incentive | Pension and deferred earnings | All other compensation | Total |
|---|---|---|---|---|---|---|---|---|
Paul Saville Executive Chairman of the Board | ◇ | — | ◇ | — | ◇ | — | ◇ | ◇ |
Eugene Bredow President and Chief Executive Officer | ◇ | — | ◇ | — | ◇ | — | ◇ | ◇ |
Daniel Malzahn Senior Vice President Chief Financial Officer and Treasurer | ◇ | — | ◇ | — | ◇ | — | ◇ | ◇ |
Paul Praylo Former Senior Vice President and Chief Operating Officer Departed during or after this year | ◇ | — | ◇ | — | ◇ | — | ◇ | ◇ |
Matthew Kelpy Vice President, Chief Accounting Officer and Controller | ◇ | — | ◇ | — | ◇ | — | ◇ | ◇ |
Fiscal 2023
| Officer | Salary | Bonus | Stock awards | Option awards | Non-equity incentive | Pension and deferred earnings | All other compensation | Total |
|---|---|---|---|---|---|---|---|---|
Eugene Bredow President and Chief Executive Officer | ◇ | — | — | — | ◇ | — | ◇ | ◇ |
Daniel Malzahn Senior Vice President Chief Financial Officer and Treasurer | ◇ | — | — | — | ◇ | — | ◇ | ◇ |
Matthew Kelpy Vice President, Chief Accounting Officer and Controller | ◇ | — | — | — | ◇ | — | ◇ | ◇ |
Fiscal 2024
| Officer | Salary | Bonus | Stock awards | Option awards | Non-equity incentive | Pension and deferred earnings | All other compensation | Total |
|---|---|---|---|---|---|---|---|---|
Paul Saville Executive Chairman of the Board | ◇ | — | — | — | ◇ | — | ◇ | ◇ |
Eugene Bredow President and Chief Executive Officer | ◇ | — | — | — | ◇ | — | ◇ | ◇ |
Daniel Malzahn Senior Vice President, Chief Financial Officer and Treasurer | ◇ | — | — | — | ◇ | — | ◇ | ◇ |
Matthew Kelpy Vice President and Chief Accounting Officer | ◇ | — | — | — | ◇ | — | ◇ | ◇ |
Fiscal 2025
| Officer | Salary | Bonus | Stock awards | Option awards | Non-equity incentive | Pension and deferred earnings | All other compensation | Total |
|---|---|---|---|---|---|---|---|---|
Paul Saville Executive Chairman of the Board | ◇ | — | — | — | ◇ | — | ◇ | ◇ |
Eugene Bredow President and Chief Executive Officer | ◇ | — | — | — | ◇ | — | ◇ | ◇ |
Daniel Malzahn Senior Vice President, Chief Financial Officer and Treasurer | ◇ | — | — | — | ◇ | — | ◇ | ◇ |
Matthew Kelpy Vice President and Chief Accounting Officer | ◇ | — | — | — | ◇ | — | ◇ | ◇ |
A dash means the company reported no figure in that column. $0 is shown only where the filing prints a zero. A negative change in pension value is shown but, as the company reports it, not included in the total.
Outstanding awards
Awards still held at fiscal year end.
As disclosed at fiscal 2025 year end
| Officer | Award | Unvested units | Market value of unvested units | Exercise price | Expires |
|---|---|---|---|---|---|
| Matthew Kelpy | PSU | ◇ | = | — | — |
| RSU | ◇ | = | — | — |
A dash means the company reported no figure in that column. $0 is shown only where the filing prints a zero.
Severance and change in control
The terms as written in the agreements.
Daniel Malzahn
Senior Vice President, Chief Financial Officer and Treasurer · Employment agreement
| Severance multiple | ◇ |
| Change-in-control multiple | ◇ |
Eugene Bredow
President and Chief Executive Officer · Employment agreement
| Severance multiple | ◇ |
| Change-in-control multiple | ◇ |
Paul Saville
Executive Chairman of the Board · Employment agreement
| Severance multiple | ◇ |
| Change-in-control multiple | ◇ |
Director compensation
What each non-employee director was paid.
Fiscal 2025
| Director | Fees earned in cash | Stock awards | Option awards | Non-equity incentive | Pension and deferred earnings | All other compensation | Total |
|---|---|---|---|---|---|---|---|
Michael J. DeVito | ◇ | — | ◇ | — | — | — | ◇ |
George R. Oliver | ◇ | — | ◇ | — | — | — | ◇ |
Susan Williamson Ross | ◇ | — | — | — | — | — | ◇ |
Alfred E. Festa | ◇ | — | — | — | — | — | ◇ |
C. E. Andrews | ◇ | — | — | — | — | — | ◇ |
David A. Preiser | ◇ | — | — | — | — | — | ◇ |
Mel Martinez | ◇ | — | — | — | — | — | ◇ |
Sallie B. Bailey | ◇ | — | — | — | — | — | ◇ |
W. Grady Rosier | ◇ | — | — | — | — | — | ◇ |
Alexandra A. Jung | ◇ | — | — | — | — | — | ◇ |
Thomas Eckert | ◇ | — | — | — | — | — | ◇ |
Paul C. Saville served on the board in fiscal 2025 and received no compensation for board service. Executive directors are typically paid through their executive roles, shown above.
Earlier years are included in the PDF.
A dash means the company reported no figure in that column. $0 is shown only where the filing prints a zero.
Director fee schedule
The standing retainers and premiums the board pays, as published.
| Board cash retainer | ◇ |
| Total board retainer | ◇ |
| Audit committee chair | ◇ |
| Audit committee member | ◇ |
| Compensation committee chair | ◇ |
| Compensation committee member | ◇ |
| Nominating and governance chair | ◇ |
| Nominating and governance member | ◇ |
Equity is delivered as Stock Options.
Disclosed peer group
The companies this board named as its compensation comparison group. The list is disclosure; the comparison is analysis.
Fiscal 2025
- D.R. Horton, Inc. DHI
- KB Home KBH
- Lennar Corporation LEN
- Meritage Homes Corporation MTH
- PulteGroup, Inc. PHM
- Taylor Morrison Home Corporation TMHC
- Toll Brothers, Inc. TOL
Say-on-pay history
Shareholder support for the compensation program, by year.
| Year | Meeting | Support | Votes for | Votes against | Abstentions |
|---|---|---|---|---|---|
| 2025 | May 7, 2026 | = | ◇ | ◇ | ◇ |
| 2024 | May 6, 2025 | = | ◇ | ◇ | ◇ |
| 2023 | May 7, 2024 | = | ◇ | ◇ | ◇ |
| 2022 | May 2, 2023 | = | ◇ | ◇ | ◇ |
| 2021 | May 4, 2022 | = | ◇ | ◇ | ◇ |
| 2020 | May 5, 2021 | = | ◇ | ◇ | ◇ |
| 2019 | May 5, 2020 | = | ◇ | ◇ | ◇ |
| 2018 | May 2, 2019 | = | ◇ | ◇ | ◇ |
| 2017 | May 2, 2018 | = | ◇ | ◇ | ◇ |
| 2016 | May 4, 2017 | = | ◇ | ◇ | ◇ |
| 2015 | May 3, 2016 | = | ◇ | ◇ | ◇ |
Chief executive pay ratio
As calculated and reported by the company.
Ratio
◇
Median employee compensation
◇
Chief executive total compensation
◇
Velarion Pro: every company page, peer tools and exports, one seat
One seat, one person. It opens the whole platform: the peer tools, the written analysis and the exports, on every company we cover. Join the list and you will hear from us when it opens.
Ask our research desk — $99, 24h, every figure cited to its filing.
Sample answer — “What is the CEO’s total compensation?”
- Eugene Bredow (President and Chief Executive Officer), FY2025 total compensation $1,748,227 (base salary $1,437,500) [exec_comp, SEC accession 0000906163-26-000029, filed 2026-03-17]What this page does not include
Everything above is a fact NVR Inc disclosed, and it is free. Everything below is our analysis of those facts, and it is not.
Peer benchmarking
Where NVR Inc sits against its disclosed peers — percentile position by role and by pay element, and the ranking behind it. The disclosed peer group is free; comparisons across it are part of the Velarion platform.
Executive Compensation Report — $1,500Written compensation analysis
A read of the pay program as designed and as paid: incentive structure, goal rigor, the alignment between the committee's stated philosophy and what the numbers show.
Executive Compensation Report — $1,500Board and governance analysis
Committee composition, independence, director pay positioning, and the governance provisions read together rather than listed.
Board Governance Report — $499Realizable pay
What the awards above are actually worth today against what they were valued at on grant, and what the gap says about the pay-for-performance link.
Velarion IntelligenceAdviser switching and vote outcomes
Two datasets covering compensation-adviser changes and what followed a contested vote. Both are part of the Velarion platform.
Inquire about accessMultiple companies at once
Cross-company views, cohort screens, and data export across the industries we cover. This page is one company; the platform is all of them.
Velarion IntelligenceCitations
Every figure on this page is cited to the document that reported it. Select any figure to see its citation.
158 figures on this page: 145 cited to the filing that reported them, 13 calculated from figures it prints.
145 cited to the filing
13 calculated from the filing
Documents cited
- 0000906163-26-000044Item 5.07 Submission of Matters to a Vote of Security Holders
- 0000906163-26-0000292025 SUMMARY COMPENSATION TABLE · DIRECTOR COMPENSATION TABLE · Outstanding Equity Awards · Pay Ratio · and 1 more section
- 0000906163-26-0000312025 DIRECTOR COMPENSATION TABLE
- 0000906163-25-000057Item 5.07 Submission of Matters to a Vote of Security Holders
- 0000906163-25-0000422024 SUMMARY COMPENSATION TABLE
- 0000906163-24-000079Item 5.07 Submission of Matters to a Vote of Security Holders
- 0000906163-24-000062Summary Compensation Table
- 0000906163-23-000055Item 5.07 Submission of Matters to a Vote of Security Holders
- 0000906163-23-000035Summary Compensation Table
- 0000906163-22-000041Item 5.07 Submission of Matters to a Vote of Security Holders
- 0000906163-21-000062Item 5.07 Submission of Matters to a Vote of Security Holders
- 0000906163-20-000052Item 5.07 Submission of Matters to a Vote of Security Holders
- 0000906163-19-000074Item 5.07 Submission of Matters to a Vote of Security Holders
- 0000906163-18-000030
- 0001564590-17-009035
- 0001193125-16-576837
Cite this data
This page is free to cite. Attribution we ask for:
Velarion, “NVR Inc executive compensation, FY2022–FY2025.” https://intel.velarion.ai/comp/NVR (accessed 2026).
Short form: data: Velarion
The NVR Inc brief, $1,500
Positioning against its disclosed peers, the governance read, incentive design, and the CD&A alignment analysis; the full peer table; a committee-ready PDF.
From $499 for the board report; $2,400 for both.
16 filings cited on this page
Method: intel.velarion.ai/methodology
A report that fails to generate is refunded in full
Published by Velarion Company Intelligence
Embed this data
A small, cited view of this data for your own page or newsletter. Every embed carries a visible link back here, so the attribution travels with it.
The headline figures, each with its citation.
Connect an AI assistant
Ask your own assistant about NVR Inc and roughly 3,000 other US public companies, and get back the same figures on this page with the same citations. Free read access, no account. Add this to your assistant's connector settings.
Real Estate rankings
Peers NVR Inc discloses
The companies named in NVR's own disclosed peer group.
Terms on this page
Free to read and cite. Redistribution or bulk use of the dataset requires a data license. Talk to us about the data license.
Cite this data
APA
Velarion Company Intelligence. (2026). Velarion database: executive and board compensation data (Version 2026Q3) [Data set]. Zenodo. https://doi.org/10.5281/zenodo.22283854
BibTeX
@misc{velarionData2026,
author = {{Velarion Company Intelligence}},
title = {Velarion database: executive and board compensation data},
year = {2026},
version = {2026Q3},
doi = {10.5281/zenodo.22283854},
publisher = {Zenodo},
url = {https://doi.org/10.5281/zenodo.22283854}
}