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Forestar Group Inc. (FOR)On Nov 23: 19.03   0.00 (0.00%)  
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Forestar Group Inc.
6300 Bee Cave Road
Building Two Suite 500
Austin, TX 78746-5149
United States - Map
Phone: 512-433-5200
Fax: 512-433-5203
Web Site: http://www.forestargroup.com

DETAILS 
Index Membership:S&P 600 SmallCap
S&P 1500 Super Comp
Sector:Financial
Industry:Property Management
Full Time Employees:93

BUSINESS SUMMARY 
Forestar Group Inc. engages in the real estate and natural resources businesses in the United States. The company operates in three segments: Real estate, Mineral resources, and Fiber resources. The Real Estate segment secures entitlements and develops infrastructure on its lands for single-family residential and mixed-use communities, and manages its undeveloped land and commercial operating properties. The Mineral Resources segment manages and leases its oil and gas mineral interests in Texas, Louisiana, Alabama, and Georgia. This segment promotes exploitation, exploration, and development of oil and gas. The Fiber Resources segment sells wood fiber from its land, as well as leases land for recreational uses. As of August 4, 2009, the company owned directly or through ventures approximately 260,000 acres of real estate located in 9 states and 12 markets, and approximately 622,000 net acres of oil and gas mineral interests. Forestar Group Inc. was formerly known as Forestar Real Estate Group Inc. and changed its name to Forestar Group Inc. in 2008. The company is headquartered in Austin, Texas. Forestar Group, Inc. operates independently of Temple-Inland Inc. as of December 28, 2007.
Key Statistics

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    CORPORATE GOVERNANCE 
    Forestar Group Inc.'s Corporate Governance Quotient (CGQ®) as of 6-Nov-09 is better than 63.4% of S&P 600 companies and 73.7% of Real Estate companies.
    Brought to you by Institutional Shareholder Services.

    KEY EXECUTIVES 
     PayExercised
    Mr. James M. DeCosmo , 50
    Chief Exec. Officer, Pres
    $ 703.00K $ 0
    Mr. Christopher L. Nines , 38
    Chief Financial Officer
    $ 382.00K $ 0
    Mr. David M. Grimm , 48
    Chief Admin. Officer, Exec. VP, Sec. and Gen. Counsel
    $ 398.00K $ 0
    Mr. Charles T. Etheredge Jr., 46
    Exec. VP
    $ 412.00K $ 0
    Mr. Craig A. Knight , 62
    Chief Investments Officer
    $ 532.00K $ 25.00K
    Dollar amounts are as of 31-Dec-08 and compensation values are for the last fiscal year ending on that date. "Pay" is salary, bonuses, etc. "Exercised" is the value of options exercised during the fiscal year.
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