St. Joe Management

Management criteria checks 4/4

St. Joe's CEO is Jorge Gonzalez, appointed in Nov 2015, has a tenure of 8.5 years. total yearly compensation is $1.78M, comprised of 28.4% salary and 71.6% bonuses, including company stock and options. directly owns 0.1% of the company’s shares, worth €3.14M. The average tenure of the management team and the board of directors is 10.2 years and 13 years respectively.

Key information

Jorge Gonzalez

Chief executive officer

US$1.8m

Total compensation

CEO salary percentage	28.4%
CEO tenure	8.5yrs
CEO ownership	0.1%
Management average tenure	10.2yrs
Board average tenure	13yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Jorge Gonzalez's remuneration changed compared to St. Joe's earnings?
Date	Total Compensation	Salary	Company Earnings
Mar 31 2024	n/a	n/a	US$81m
Dec 31 2023	US$2m	US$506k	US$78m
Sep 30 2023	n/a	n/a	US$93m
Jun 30 2023	n/a	n/a	US$86m
Mar 31 2023	n/a	n/a	US$68m
Dec 31 2022	US$2m	US$480k	US$71m
Sep 30 2022	n/a	n/a	US$75m
Jun 30 2022	n/a	n/a	US$78m
Mar 31 2022	n/a	n/a	US$85m
Dec 31 2021	US$1m	US$446k	US$75m
Sep 30 2021	n/a	n/a	US$62m
Jun 30 2021	n/a	n/a	US$55m
Mar 31 2021	n/a	n/a	US$50m
Dec 31 2020	US$1m	US$381k	US$45m
Sep 30 2020	n/a	n/a	US$34m
Jun 30 2020	n/a	n/a	US$32m
Mar 31 2020	n/a	n/a	US$23m
Dec 31 2019	US$1m	US$400k	US$27m
Sep 30 2019	n/a	n/a	US$18m
Jun 30 2019	n/a	n/a	US$18m
Mar 31 2019	n/a	n/a	US$34m
Dec 31 2018	US$906k	US$400k	US$32m
Sep 30 2018	n/a	n/a	US$71m
Jun 30 2018	n/a	n/a	US$71m
Mar 31 2018	n/a	n/a	US$56m
Dec 31 2017	US$895k	US$390k	US$60m

Compensation vs Market: Jorge's total compensation ($USD1.78M) is about average for companies of similar size in the German market ($USD2.42M).

Compensation vs Earnings: Jorge's compensation has been consistent with company performance over the past year.

CEO

Jorge Gonzalez (58 yo)

8.5yrs

Tenure

US$1,782,101

Compensation

Mr. Jorge Luis Gonzalez has been the Chief Executive Officer and President of The St. Joe Company since November 2015 and serves as its Chief Operating Officer. Mr. Gonzalez served as Senior Vice President...

Leadership Team

Name	Position	Tenure	Compensation	Ownership
Jorge Gonzalez	President	8.5yrs	US$1.78m	0.10% $ 3.1m
Marek Bakun	Executive VP	10.6yrs	US$1.10m	0.034% $ 1.1m
K. Goff	Senior VP & Chief Administrative Officer	12.3yrs	US$630.46k	0.014% $ 431.7k
Elizabeth Walters	Senior VP	5.8yrs	US$892.79k	0.025% $ 780.2k
David Harrelson	Senior Vice President of Timberland	12.3yrs	US$268.30k	no data
Patrick Murphy	Senior Vice President of Hospitality	no data	US$315.40k	no data
L. Brady	Special Advisor	no data	US$892.35k	no data

10.2yrs

Average Tenure

58yo

Average Age

Experienced Management: JOE's management team is seasoned and experienced (10.2 years average tenure).

Board Members

Name	Position	Tenure	Compensation	Ownership
Jorge Gonzalez	President	8.5yrs	US$1.78m	0.10% $ 3.1m
Howard Frank	Independent Director	13.2yrs	US$200.00k	0.051% $ 1.6m
Cesar Alvarez	Independent Director	12yrs	US$125.00k	0.0080% $ 252.5k
Bruce Berkowitz	Independent Chairman of the Board	13.2yrs	no data	1.04% $ 32.6m
Thomas Murphy	Independent Director	13yrs	US$125.00k	0.058% $ 1.8m

13.0yrs

Average Tenure

74yo

Average Age

Experienced Board: JOE's board of directors are seasoned and experienced ( 13 years average tenure).

St. Joe Management

Management criteria checks 4/4

Key information

Recent management updates

The St. Joe Company, Annual General Meeting, May 14, 2024

Insufficient new directors

Insufficient new directors

The St. Joe Company, Annual General Meeting, May 17, 2022

Recent updates

First quarter dividend of US$0.12 announced

First quarter 2024 earnings released: EPS: US$0.24 (vs US$0.18 in 1Q 2023)

The St. Joe Company Declares Cash Dividend on Common Stock, Payable on June 13, 2024

The St. Joe Company to Report Q1, 2024 Results on Apr 24, 2024

Fourth quarter dividend of US$0.12 announced

The St. Joe Company, Annual General Meeting, May 14, 2024

Full year 2023 earnings released: EPS: US$1.33 (vs US$1.21 in FY 2022)

The St. Joe Company Declares Quarterly Dividend, Payable on March 27, 2024

Now 20% overvalued after recent price rise

The St. Joe Company to Report Q4, 2023 Results on Feb 21, 2024

the St. Joe Company Announces Barnes & Noble Bookstore Coming to Pier Park North

Upcoming dividend of US$0.12 per share at 1.0% yield

Third quarter 2023 earnings released: EPS: US$0.33 (vs US$0.21 in 3Q 2022)

The St. Joe Company Declares Quarterly Dividend, Payable on December 8, 2023

The St. Joe Company to Report Q3, 2023 Results on Oct 25, 2023

Upcoming dividend of US$0.12 per share at 0.8% yield

The St. Joe Company Declares Cash Dividend, Payable on September 8, 2023

Second quarter 2023 earnings released: EPS: US$0.59 (vs US$0.29 in 2Q 2022)

The St. Joe Company to Report Q2, 2023 Results on Jul 26, 2023

Upcoming dividend of US$0.10 per share at 1.0% yield

First quarter 2023 earnings released: EPS: US$0.18 (vs US$0.23 in 1Q 2022)

Full year 2022 earnings released: EPS: US$1.21 (vs US$1.27 in FY 2021)

The St. Joe Company (NYSE:JOE) acquired an additional 30% stake in Pier Park North from Casto Partners LLC.

Insufficient new directors

Upcoming dividend of US$0.10 per share

Third quarter 2022 earnings released: EPS: US$0.21 (vs US$0.26 in 3Q 2021)

The St. Joe Company Declares Cash Dividend, Payable on December 9, 2022

The St. Joe Company Releases the Fall/Winter Issue of Watersound Lifestyle

The St. Joe Company Releases the Fall/Winter Issue of Watersound Lifestyle

Now 21% undervalued after recent price drop

Upcoming dividend of US$0.10 per share

Second quarter 2022 earnings released: EPS: US$0.29 (vs US$0.41 in 2Q 2021)

The St. Joe Company Declares Quarterly Dividend, Payable on September 9, 2022

Investor sentiment deteriorated over the past week

Upcoming dividend of US$0.10 per share

First quarter 2022 earnings released: EPS: US$0.23 (vs US$0.054 in 1Q 2021)

The St. Joe Company Declares Cash Dividend, Payable on June 9, 2022

Insufficient new directors

The St. Joe Company, Annual General Meeting, May 17, 2022

Investor sentiment improved over the past week

Full year 2021 earnings: EPS in line with analyst expectations despite revenue beat

The St. Joe Company Declares Cash Dividend, Payable on March 29, 2022

The St. Joe Company Announces the Commencement of Development of the Ward Creek Community, A New 1,600 Homesite Residential Development in Panama City Beach, Florida

The St. Joe Company Announces Commencement of Development of Watersound West Bay Center

Upcoming dividend of US$0.08 per share

Third quarter 2021 earnings released: EPS US$0.26 (vs US$0.13 in 3Q 2020)

Upcoming dividend of US$0.08 per share

Second quarter 2021 earnings released: EPS US$0.41 (vs US$0.33 in 2Q 2020)

The St. Joe Company(NYSE:JOE) dropped from Russell 3000E Value Index

First quarter 2021 earnings released: EPS US$0.054 (vs US$0.026 loss in 1Q 2020)

The St. Joe Company Declares Quarterly Cash Dividend, Payable on June 10, 2021

Full year 2020 earnings released: EPS US$0.77 (vs US$0.45 in FY 2019)

New 90-day high: €45.40

The St. Joe Company Sells All 23 Homesites in First Offering at the Watersound Camp Creek Community

New 90-day high: €39.80

The St. Joe Company Announces the Sale of 5.8 Acres of Land in the Cedar Grove Commerce Park in Panama City, Florida

Investor sentiment improved over the past week

New 90-day high: €28.20

New 90-day high: €26.40

First Dividend Is US$0.07 Per Share

New 90-day high: €23.20

Third quarter earnings released

The St. Joe Company Announces Plans for a New 240-Unit Apartment Community in Panama City, Florida

New 90-day high: €20.80

New 90-day high - €19.40

CEO Compensation Analysis

CEO

Tenure

Compensation

Leadership Team

Average Tenure