Daniel M. DuPree served as the CEO of Cousins Properties from 2007 until early 2009. Under his leadership, the company aimed to align executive pay with company performance, focusing primarily on achieving funds from operations and leasing goals. DuPree was...
Daniel M. DuPree served as the CEO of Cousins Properties from 2007 until early 2009. Under his leadership, the company aimed to align executive pay with company performance, focusing primarily on achieving funds from operations and leasing goals. DuPree was previously the Vice Chairman before taking on the CEO role, showing a steady path of career growth within the company. His compensation peaked in 2007 at $694,400, with a significant portion linked to performance-based bonuses, though by 2009, it decreased to $542,025 due to unmet performance metrics. Interestingly, he made a strategic decision to resign in March 2009, emphasizing a commitment to accountability. His tenure was marked by a focus on modernizing the company's approach to real estate, which has continued to resonate in the industry today. DuPree's transition from Vice Chairman to CEO highlights the internal pathway for advancement within firms like Cousins Properties and serves as a reminder of the importance of leadership in driving business strategies and outcomes.