Forestar Group Chairman Donald Tomnitz's 2019 pay jumps 138% to $1.3M
Forestar Group reports 2019 executive compensation
By ExecPay News
Published: December 12, 2019
Forestar Group reported fiscal year 2019 executive compensation information on December 12, 2019.
In 2019, three executives at Forestar Group received on average a compensation package of $1.2M, a 75% increase compared to previous year.
Donald J. Tomnitz, Chairman, received $1.3M in total, which increased by 138% compared to 2018. 44% of Tomnitz's compensation, or $563K, was in stock awards. Tomnitz also received $400K in bonus, $300K in salary, as well as $9.8K in other compensation.
For fiscal year 2019, the median employee pay was $149,854 at Forestar Group. Therefore, the ratio of Donald J. Tomnitz's pay to the median employee pay was 8 to one.
Daniel C. Bartok, Chief Executive Officer, received a compensation package of $1.2M, which increased by 41% compared to previous year. 48% of the compensation package, or $600K, was in bonus.
Charles D. Jehl, Chief Financial Officer, earned $1.1M in 2019, a 69% increase compared to previous year.
Forestar Group's fiscal year ends on September 30.