CEO Daniel Bartok to step down Jan 1, 2024; consulting and separation agreements approved

Forestar Group Inc.

Effective Jan 1, 2024, Daniel C. Bartok steps down as President and CEO of Forestar Group.
Consulting agreement from Jan 2 to Dec 31, 2024, provides monthly fee of $83,333.33.
Separation agreement includes $100,000 lump sum and up to 12 months COBRA premium reimbursement.
Consulting agreement includes confidentiality, non-competition, and non-solicitation clauses.

item 5.02

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Departed

Daniel C. Bartok

President and Chief Executive Officer

FOR · Forestar Group Inc.

Effective: 2024-01-01
Filed: December 22, 2023, 6:59 PM ET

effective January 1, 2024, Daniel C. Bartok, will step down from his role as the President and Chief Executive Officer of Forestar Group Inc.

Key facts

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Executive change SEC 8-K Item 5.02 confidence 0.95

Daniel C. Bartok departed as President and Chief Executive Officer at Forestar Group Inc..

Action: step down
Role: President and Chief Executive Officer

Exact text from the filing

effective January 1, 2024, Daniel C. Bartok, will step down from his role as the President and Chief Executive Officer of Forestar Group Inc.

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Forestar Group Inc. filing history →

Source: SEC EDGAR

accession 0001193125-23-302102

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