PETER L. AX - Corporate Board Profile

Meritage Homes CORP

Filing Date	Source Excerpt
2010-03-31	Peter L. Ax, 51, has been a director since September 2000 and is the managing partner of Phoenix Capital Management, a venture capital firm. Mr. Ax is the former chairman and chief executive officer of SpinCycle, Inc., a publicly held consolidator and developer of coin-operated Laundromats. Previously, Mr. Ax served as head of the Private Equity Division and senior vice president of Lehman Brothers in New York. Mr. Ax is also on the board of directors of iGo, Inc. (NASDAQ: IGOI) and serves on the Advisory Board of Directors of Cascadia Capital, a Seattle based investment banking and merchant banking firm. In the last five years, Mr. Ax also served as a director for CashX, Inc. and Medit Marketing, Inc. Mr. Ax holds an M.B.A. from the Wharton School at the University of Pennsylvania and a law degree from the University of Arizona, and has been a certified public accountant. He has also been an accounting instructor at the Wharton School and has been a judge in the annual Wharton Business Plan competition. Mr. Ax possesses extensive skills and experience relating to, among other things, capital markets and corporate finance.
2011-04-01	Peter L. Ax, 2010 director compensation total: $258,080; Committees: Audit Committee (Chair), Executive Compensation Committee, Nominating/Governance Committee
2015-03-24	Peter L. Ax, 55, director since 2000, independent, serves on Audit Committee (Chair), Executive Compensation Committee, Nominating/Governance Committee, Land Committee. 2014 director compensation: $50,000 annual retainer, $75,000 committee fees, $273,600 stock awards, total $398,600.
2017-03-27	Peter L. Ax, 57, Mr. Ax has been a director since September 2000 and is the Company's lead director. He is the managing partner of Phoenix Capital Management, an operationally focused venture capital firm. Mr. Ax is the former chairman and chief executive officer of SpinCycle, Inc., a public reporting consolidator and developer of coin-operated laundromats. Previously, Mr. Ax served as head of the Private Equity Division and senior vice president of Lehman Brothers in New York and has served in various operating roles for enterprises operated by Phoenix Capital Management. Mr. Ax is also on the board of directors of iGo, Inc. (formerly, NASDAQ: IGOI) and serves on the Advisory Board of Directors of Cascadia Capital, a Seattle-based investment banking and merchant banking firm, and also serves annually as a judge in the Wharton Entrepreneurship Business Plan Competition. Mr. Ax holds an MBA from the Wharton School at the University of Pennsylvania, a J.D. from the University of Arizona, and a B.S.B.A. from the University of Arizona, and has been a certified public accountant. Mr. Ax possesses extensive skills and experience relating to, among other things, capital markets and corporate finance. The 2016 director compensation is set forth below: Peter L. Ax Fees Earned or Paid in Cash ($) 125,000, Stock Awards ($) 155,100, Total ($) 280,100.
2019-03-25	Peter L. Ax, 59, director since 2000, lead independent director, Chair of Audit Committee, member of Executive Compensation and Nominating/Governance Committees. 2018 director compensation: $120,000 fees earned in cash, $231,250 stock awards, total $351,250.
2021-04-01	Peter L. Ax, 61, Lead Independent Director, Chairman of Audit Committee, member of Compensation Committee and Nominating/Governance Committee. 2020 director compensation total $337,290.
2023-03-24	Peter L. Ax, 63, Lead Independent Director, Non-Employee Director. Committees: Audit Committee (Chair), Compensation Committee member, Nominating/Governance Committee member. 2022 compensation: $353,975.
2024-04-01	Peter L. Ax, 64, Lead Independent Director, Chair of Audit Committee, member of Compensation Committee, Chair of Land Committee, total compensation $355,138.
2025-04-08	Peter L. Ax, 65, Director since 2000, Lead Independent Director, Chair of Audit Committee, member of Compensation Committee, 2024 director compensation total $359,770.