Phillip J. Weber served as the CEO of Forestar Group Inc. from September 2015 until December 2017. He previously held senior roles within the company, including Executive Vice President of Water Resources and Real Estate. Weber has a solid background...
Phillip J. Weber served as the CEO of Forestar Group Inc. from September 2015 until December 2017. He previously held senior roles within the company, including Executive Vice President of Water Resources and Real Estate. Weber has a solid background in real estate and gained valuable experience at Fannie Mae where he worked from 1990 to 2009. His leadership was critical during the development of Forestar’s multifamily platform, showcasing his capability in navigating complex projects. In 2017, his total compensation was around $3.3 million, largely due to a termination bonus tied to the company's merger. This included a cash payment of nearly $2.6 million after his departure from the CEO role. Throughout his tenure, Weber made notable stock trades, peaking in 2024 with transactions exceeding $250,000, which reflects his unwavering confidence in the company's prospects during fluctuations in the market. Weber’s journey through Forestar exemplifies an executive who has navigated both growth and transition in a challenging industry.