St. Joe Company Elects New Directors, Updates Executive Pay
Ticker: JOE · Form: 8-K · Filed: May 14, 2025 · CIK: 745308
| Field | Detail |
|---|---|
| Company | St Joe Co (JOE) |
| Form Type | 8-K |
| Filed Date | May 14, 2025 |
| Risk Level | medium |
| Sentiment | neutral |
Sentiment: neutral
Topics: board-composition, executive-compensation, governance
TL;DR
St. Joe Co adds 2 directors, rejiggers exec pay. Board shakeup incoming.
AI Summary
The St. Joe Company announced on May 13, 2025, changes in its board of directors and executive compensation arrangements. Specifically, the company elected two new directors, Ms. Mary E. Bentley and Mr. David L. Knight, to its Board of Directors. Additionally, the company entered into new employment agreements with certain executive officers, including its Chief Executive Officer, Mr. Jorge M. Perez.
Why It Matters
Changes in board composition and executive compensation can signal shifts in company strategy and governance, potentially impacting investor confidence and future performance.
Risk Assessment
Risk Level: medium — Changes in board composition and executive compensation can introduce uncertainty regarding future strategic direction and management stability.
Key Numbers
- May 13, 2025 — Report Date (Date of earliest event reported)
Key Players & Entities
- The St. Joe Company (company) — Registrant
- Mary E. Bentley (person) — Newly elected Director
- David L. Knight (person) — Newly elected Director
- Jorge M. Perez (person) — Chief Executive Officer
- 0000745308 (company) — Central Index Key
FAQ
Who were the new directors elected to The St. Joe Company's Board?
Ms. Mary E. Bentley and Mr. David L. Knight were elected as new directors.
What other significant events were reported on May 13, 2025?
The company also reported on compensatory arrangements of certain officers.
What is the company's state of incorporation?
The St. Joe Company is incorporated in Florida.
What is the company's EIN?
The company's EIN is 59-0432511.
What is the SIC code for The St. Joe Company?
The SIC code is 6552 for LAND SUBDIVIDERS & DEVELOPERS (NO CEMETERIES).
Filing Details
This Form 8-K (Form 8-K) was filed with the SEC on May 14, 2025 by Mary E. Bentley regarding ST JOE Co (JOE).