Forestar Group CEO James DeCosmo's 2009 pay stays at $2.3M
Forestar Group reports 2009 executive compensation
By ExecPay News
Published: March 31, 2010
Forestar Group reported fiscal year 2009 executive compensation information on March 31, 2010.
In 2009, six executives at Forestar Group received on average a compensation package of $1.2M, a 3% decrease compared to previous year.
Average pay of disclosed executives at Forestar Group
James M. DeCosmo, Chief Executive Officer, received $2.3M in total, which is about the same as previous year. 32% of DeCosmo's compensation, or $750K, was in stock awards. DeCosmo also received $287K in non-equity incentive plan, $750K in option awards, $500K in salary, as well as $31K in other compensation.
Craig A. Knight, Chief Real Estate Officer, received a compensation package of $1.5M, which decreased by 14% compared to previous year. 30% of the compensation package, or $450K, was in stock awards.
David M. Grimm, Chief Administrative Officer, earned $890K in 2009, a 1% decrease compared to previous year.
Christopher L. Nines, Chief Financial Officer, received $884K in 2009, which is about the same as previous year.
Charles D. Jehl, Chief Accounting Officer, earned $869K in 2009, a 2% decrease compared to previous year.
Flavious J. Smith, Jr, Executive Vice President, Minerals, received $562K in 2009, which decreases by 41% compared to 2008.
Forestar Group's fiscal year ends on September 30.
Related executives
Charles Jehl
Forestar Group
Chief Financial Officer
James DeCosmo
Forestar Group
Chief Executive Officer
Craig Knight
Forestar Group
Chief Real Estate Officer
Flavious Smith
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Former Chief Oil and Gas Officer
David Grimm
Forestar Group
Chief Administrative Officer
Christopher Nines
Forestar Group
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Source: SEC filing on March 31, 2010.