St Joe’s Largest Shareholder Becomes Chairman

St. Joe Co.’s (JOE) newly formed board of directors has put former chairman Hugh M. Durden at the helm of the Florida real-estate developer as acting CEO, while investor Bruce Berkowitz, who controls 28.9% of St. Joe stock, has assumed permanently the position of chairman of the board, according to a Securities and Exchange Commission filing late Friday.

© 2016 Wallstreetpit.com. Wall Street Pit does not provide investment advice. Please take a moment to read through our Terms of Use. All rights reserved.

Be the first to comment

Leave a Reply

Your email address will not be published.


*