Forestar Group CEO James DeCosmo's 2008 pay jumps 98% to $2.3M

Forestar Group reports 2008 executive compensation

By ExecPay News

Published: March 31, 2010

Forestar Group reported fiscal year 2008 executive compensation information on March 31, 2010.
In 2008, seven executives at Forestar Group received on average a compensation package of $1.2M, a 66% increase compared to previous year.
Average pay of disclosed executives at Forestar Group
James M. DeCosmo, Chief Executive Officer, received $2.3M in total, which increased by 98% compared to 2007. 35% of DeCosmo's compensation, or $819K, was in stock awards. DeCosmo also received $38K in bonus, $158K in non-equity incentive plan, $756K in option awards, $508K in salary, as well as $43K in other compensation.
Craig A. Knight, Chief Real Estate Officer, received a compensation package of $1.7M, which increased by 83% compared to previous year. 40% of the compensation package, or $680K, was in option awards.
Flavious J. Smith, Jr, Executive Vice President, Minerals, earned $946K in 2008.
David M. Grimm, Chief Administrative Officer, received $897K in 2008, which increases by 54% compared to 2007.
Charles D. Jehl, Chief Accounting Officer, earned $885K in 2008, a 78% increase compared to previous year.
Christopher L. Nines, Chief Financial Officer, received $884K in 2008, which increases by 66% compared to 2007.
Charles T. Etheredge, Jr, Executive Vice President, earned $752K in 2008, a 24% increase compared to previous year.
Forestar Group's fiscal year ends on September 30.

Related executives

Charles Jehl

Forestar Group

Chief Financial Officer

Charles Etheredge

Forestar Group

Executive Vice President

James DeCosmo

Forestar Group

Chief Executive Officer

Craig Knight

Forestar Group

Chief Real Estate Officer

Flavious Smith

Forestar Group

Former Chief Oil and Gas Officer

David Grimm

Forestar Group

Chief Administrative Officer

Christopher Nines

Forestar Group

Chief Financial Officer

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Source: SEC filing on March 31, 2010.