Total Compensation: $ 2.52 M
Mr. Starkey is President and Chief Executive Officer of WCI and a member of its Board of Directors. Prior to his appointment as CEO in 2005, Mr. Starkey served as WCI's President and Chief Operating Officer. From 1988 to 1998, he was an executive with one of WCI's predecessor companies, Florida Design Communities, and was President from 1994 until its merger with WCI. Mr. Starkey was also President of Aston Care Systems, Inc. from 1996 until 1998. Mr. Starkey has spent 25 years in the homebuilding industry and led the acquisition, design, development and construction of many master planned communities and thousands of traditional and condominium homes. Under Mr. Starkey's leadership, WCI evolved from a company that generated most of its revenue from land and parcel sales to merchant builders and other developers, into an enterprise that consumes most of its land through its own homebuilding operations, with a widely recognized and leading brand of luxury active adult, primary and second home communities, traditional and tower residences. Under Mr. Starkey's leadership, WCI also has expanded to provide real estate services, the most notable being Prudential Florida WCI Realty, which has grown into the sixth largest Prudential realty brokerage in the nation. Jerry L. Starkey is not not standing for re-election at the 2007 Annual Meeting. Mr. Starkey continues to serve as the Company's President and Chief Executive Officer.
Total Compensation: $ 1.04 M
David L. Fry, 48, Senior Vice President, has been appointed Chief Operating Officer. In addition to Mr. Fry's prior responsibility for the Company's traditional homebuilding, real estate services and amenities lines of business, he will assume responsibility for the Company's Florida tower homebuilding operations. Mr. Fry joined the Company in 1995 and was appointed a Senior Vice President of the Company in October 1996. During his tenure with the Company, Mr. Fry has held a variety of positions, including responsibility for our Amenities Division and Chief Operating Officer for Traditional Homebuilding since February 2006.
Total Compensation: $ —
On December 13, 2007, WCI Communities, Inc., a Delaware corporation announced that Ernest Scheidemann, 47, WCI's Vice President and Treasurer since April 2005, has been appointed interim Chief Financial Officer of WCI effective December 28, 2007. Mr. Scheidemann joined WCI in October 2004 as Vice President and Assistant Treasurer. He served as Controller of AT&T's Consumer Markets Division, from 1996 to 1999 and joined Walker Digital, LLC in 1999 where he served as Chief Financial Officer from 2001 to January 2003. From February 2003 to August 2003, Mr. Scheidemann was President of Scheidemann Consulting, LLC. From September 2003 to September 2004, Mr. Scheidemann served as Chief Operating Officer and Chief Financial Officer of GT3 Corp.
Total Compensation: $ —
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Total Compensation: $ —
Ms. Hastings has been the Senior Vice President and General Counsel for WCI since 1998. In 1995, Ms. Hastings was Senior Vice President and General Counsel of WCI Communities Limited Partnership. Prior to her role as General Counsel, she held various positions in WCI Communities Limited Partnership's legal department. From 1982 to 1989, Ms. Hastings was Vice President and Co-General Counsel of Merrill Lynch Hubbard, Inc., a real estate division of Merrill Lynch & Co. Prior to her tenure with Merrill Lynch, she was an associate with the law firm of Winston & Strawn.
Total Compensation: $ 883,045.00
Mr. Hanlon, who joined WCI in 1991, is responsible for WCI's tower residential development nationwide. He was named Senior Vice President of WCI's Tower Division in 2005, and Chief Operating Officer of Tower Homebuilding in February 2006. On September 25, 2007 WCI Communities, Inc. announced that Christopher J. Hanlon, Chief Operating Officer/Tower Homebuilding & Senior Vice President is resigning from the Company effective at the end of the year.
Total Compensation: $ —
Mr. Icahn has served as chairman of the board and a director of Starfire Holding Corporation, a privately-held holding company, and chairman of the board and a director of various subsidiaries of Starfire, since 1984. Effective August 9, 2007, through his position as Chief Executive Officer of Icahn Capital Management LP, a wholly owned subsidiary of American Real Estate Partners, L.P., and certain related entities, Mr. Icahn's principal occupation is managing private investment funds, including Icahn Partners LP, Icahn Partners Master Fund LP, Icahn Partners Master Fund II L.P. and Icahn Partners Master Fund III L.P. Prior to August 9, 2007, Mr. Icahn conducted this occupation through his entities CCI Onshore Corp. and CCI Offshore Corp. Since February 2005, Mr. Icahn has served as a director of CCI Onshore Corp. and CCI Offshore Corp., which until August 9, 2007, were in the business of managing private investment funds, and from September 2004 to February 2005, Mr. Icahn served as the sole member of their predecessors, CCI Onshore LLC and CCI Offshore LLC, respectively. Mr. Icahn was also chairman of the board and president of Icahn & Co., Inc., a registered broker-dealer and a member of the National Association of Securities Dealers, from 1968 to 2005. Since 1994, Mr. Icahn has been the principal beneficial stockholder of American Railcar Industries, Inc., currently a publicly-traded company that is primarily engaged in the business of manufacturing covered hopper and tank railcars, and has served as chairman of the board and as a director of American Railcar Industries, Inc. since 1994. Since November 1990, Mr. Icahn has been chairman of the board of American Property Investors, Inc., the general partner of American Real Estate Partners, L.P., a public limited partnership controlled by Mr. Icahn that invests in real estate and holds various other interests, including the interests in its subsidiaries that are engaged in, among other things, the fund management business, the casino entertainment business (which is currently under a contract of sale) and the home textile business. From October 1998 through May 2004, Mr. Icahn was the president and a director of Stratosphere Corporation, which operates the Stratosphere Hotel and Casino. From September 29, 2000 to February 22, 2007, Mr. Icahn served as the chairman of the board of GB Holdings, Inc., which owned 41.7% of Atlantic Coast Holdings, Inc., which through its wholly-owned subsidiary, owned and operated The Sands casino in Atlantic City until November 16, 2006. Mr. Icahn has been chairman of the board and a director of XO Holdings, Inc. and its predecessor since January 2003. XO Holdings is a publicly traded telecommunications services provider controlled by Mr. Icahn. Mr. Icahn has served as a Director of Cadus Corporation, a publicly traded company engaged in the ownership and licensing of yeast-based drug discovery technologies since July 1993. In May 2005, Mr. Icahn became a director of Blockbuster Inc., a publicly traded provider of in-home movie rental and game entertainment. Since September 2006, Mr. Icahn has served as a director of ImClone Systems Incorporated, a publicly traded biopharmaceutical company, and in October 2006, Mr. Icahn was appointed Chairman of the Board of Directors of ImClone. Mr. Icahn received his B.A. from Princeton University.
Total Compensation: $ —
Mr. Eure serves on the Board of Directors and the Nominating Committee of MarineMax, Inc., and also serves as Chair of its Audit Committee. Mr. Eure was a member of the Board of Directors, Audit Committee, and Chairman of the Board of WEDU, a public broadcasting station, from 1991 through 2001. Mr. Eure was the Managing Partner of the Tampa Bay Practice of KPMG (formerly Peat, Marwick, Mitchell & Co.) from July 1977 until June 1993 and an audit partner in Atlanta and Greensboro, NC from 1968 through 1976.
Total Compensation: $ —
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Total Compensation: $ —
Mr. Appolonia is responsible for the recruitment, training and development, retention and compensation of WCI's professionals and employees. Prior to joining WCI in 2002, Mr. Appolonia was the Vice President Human Resources and Corporate Services for Orius Corp. He also led Human Resources and Corporate Services for Ocwen Financial Corporation, Inc. as a Vice President. Mr. Appolonia brings 29 years of human resources and personnel management experience to WCI.
Total Compensation: $ 542,849.00
Mr. Moscato joined WCI in 1996. Mr. Moscato is responsible for WCI's land and corporate acquisitions nationwide as well as corporate land sales. Mr. Moscato was a WCI Tower Division President prior to becoming responsible for business development. Prior to joining WCI, Mr. Moscato was the Executive Vice President, Chief Operating Officer of Point Marco Development Corp. and held various positions with Shawmut Bank, N.A., including Vice President-Group Manager and Vice President-Regional Manager within the Real Estate Lending Division.
Total Compensation: $ —
Until 2005, Mr. Small served as President of Renaissance Housing Corp. which he founded in 1984. Renaissance developed more than 2,000 luxury homes and tower residences in the metropolitan Washington, D.C. area and was awarded NAHB's America's Best Builder in 1999.
Total Compensation: $ —
Mr. Cobb was appointed Vice Chairman of the Board on December 13, 2006 and has been a director since September 2005. Subsequent to the 2007 annual meeting of shareholders, we expect that Mr. Cobb will become Chairman of the Board. Mr. Cobb is the CEO and Senior Managing Director of Cobb Partners, Ltd., an investment firm with interests in real estate, international finance, resorts and tourism-related businesses. Mr. Cobb has overseen the development of many large-scale resort communities in the United States and abroad as the Chairman and/or CEO of several community development companies, including Arvida Corporation and Disney Development Company. In addition to WCI, Cobb previously served on the Board of Directors of several companies with significant real estate holdings including the Walt Disney Company, the Penn Central Corporation and LNR Property Corporation. As either a board member or the CEO, Mr. Cobb has been involved with the purchase of over 20 companies. Mr. Cobb has also served as the United States Ambassador to Iceland during the administration of George H.W. Bush and as the Undersecretary of Commerce during the Reagan administration. He is a member, and the past Chairman, of the Board of Trustees of the University of Miami, a former trustee of the Stanford Business School Trust Fund, and a former member of the Florida Governor's Commission on Education.
Total Compensation: $ —
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Total Compensation: $ —
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Total Compensation: $ —
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Total Compensation: $ —
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Total Compensation: $ —
Mr. Ackerman currently serves as Chairman of the Board. Mr. Ackerman previously served as Chairman from July 24, 1995 through February 17, 2005, and was reappointed Chairman on November 4, 2005. From 1985 until the merger of WCI Communities Limited Partnership and Florida Design Communities under the name WCI Communities, Inc. in June 1999, Mr. Ackerman also served as Chairman of the Board of Directors and Executive Vice President of WCI Communities Limited Partnership and as a Director of Florida Design Communities. He is also a director of Sun City Center Office Plaza, Inc. and Aston Care Systems, Inc. From 1967 until 1991, Mr. Ackerman was a partner at J.H. Whitney & Co., a venture capital firm. In 1992 Mr. Ackerman purchased Walden University, a small distance education graduate school, and served as CEO until its merger into Sylvan Learning Systems (now Laureate Education) in 2004. Mr. Ackerman has served as the Chief Executive Officer of Aston Care Systems, Inc. since April 2002, and is the Chief Executive Officer of Chandelle Ventures, Inc., a private investment company. He also previously served as a director of Schlumberger Ltd. for 20 years, during which he chaired the audit and compensation committees at various times. Mr. Ackerman has indicated that, while he has agreed to stand for re-election to the Board at the next annual shareholders' meeting, he does not intend to stand for re-election as Chairman of the Board.
Total Compensation: $ —
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Total Compensation: $ 984,355.00
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Total Compensation: $ —
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Total Compensation: $ —
Mr. Curtin has held the position of Senior Vice President, Marketing and Sales, of WCI since 1999, and is responsible for the marketing, advertising, sales training and brand awareness for WCI's tower and traditional home offerings nationwide. From 1989 to 1991 and from 1995 to 1997, Mr. Curtin held various positions as Marketing Manager/Sales Manager and Vice President of Marketing, at Florida Design Communities, one of WCI's predecessor companies. From 1997 until the merger with Florida Design Communities, Mr. Curtin was Senior Vice President, Marketing and Sales of Florida Design Communities. From 1991 to 1995, Mr. Curtin was Marketing and Sales Director for the Rosedale Golf and Country Club, a community owned by the Hunt Club.
Total Compensation: $ —
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Total Compensation: $ —
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Total Compensation: $ —
Mr. Schechter has, since September 2004, served as a Director and Senior Investment Analyst for Icahn Management LP, the entity through which Carl C. Icahn manages third party private investment funds, and from January 2004 to August 2004, Mr. Schechter served as an investment analyst with Icahn Associates Corp. and High River Limited Partnership, entities owned and controlled by Mr. Icahn that are primarily engaged in the business of holding and investing in securities. Prior to joining Mr. Icahn in January 2004, Mr. Schechter last served as vice president of global special situations at Citigroup, a unit responsible for making proprietary investments in distressed situations. Prior to joining global special situations in June 1999, Mr. Schechter was a financial analyst in the investment bank at Citigroup since July 1997. He was named to the board of WestPoint International, a manufacturer of bed and bath home fashion products affiliated with Mr. Icahn, in January 2007. Mr. Schechter received a B.S. in Economics, cum laude, from the Wharton School at the University of Pennsylvania in May 1997.
Total Compensation: $ —
Mr. Graziano is a Managing Director of Sandell Asset Management Corp., an investment manager, and has over 12 years of financial management experience. Mr. Graziano has been with Sandell since September 2006. From February 2004 to July 2006, Mr. Graziano was an investment analyst with the primary investment vehicle of Carl C. Icahn including Icahn Partners, a multi-billion dollar global hedge fund. From February 2002 to February 2004, Mr. Graziano was an analyst with March Partners LLC, a global event-driven hedge fund. From May 1999 to May 2000, and from September 2000 to October 2001, Mr. Graziano was employed as a Vice President in the Investment Banking Department of Thomas Weisel Partners, an investment bank. From 1995 to 1999, Mr. Graziano was employed by Salomon Smith Barney as an Associate in the Financial Sponsors Group. Mr. Graziano earned a BA in Economics from Duke University in 1994 and an MBA in Finance from Duke University in 1995. Mr. Graziano currently serves on the board of directors of InfoSpace, Inc. and previously served on the board of directors of WestPoint International, Inc. and HowStuffWorks, Inc.
Total Compensation: $ —
Mr. Macey has, since 2004, been the Sam Harris Professor of Corporate Law, Corporate Finance and Securities Law at the Yale Law School, and Professor in the Yale School of Management. Professor Macey is currently a member of the Legal Advisory Committee to the Board of Directors of the New York Stock Exchange. Professor Macey is currently Chairman of the Yale University Advisory Committee on Investor Responsibility, which develops recommendations for presentation to the Yale Corporation concerning the voting of Yale's stock at annual corporate meetings. Professor Macey was also the President of the non-profit Yale Law Journal Corporation until June 2007. From 1990 to 2004, Professor Macey was the J. DuPratt White Professor of Law at Cornell Law School, and from 2002 to 2004, Professor of Law & Business Administration at the Johnson Graduate School of Business at Cornell University. Professor Macey has also been a Visiting Professor at a number of law schools, including, the Stockholm School of Economics, the University of Chicago, the University of Tokyo and the University of Virginia. From 1982 to 1983, Professor Macey was law clerk to the Honorable Henry J. Friendly, United States Court of Appeals, Second Circuit. From 1998 to 1999, Professor Macey was a director of Telxon Corporation, a designer, manufacturer, integrator and marketer of wireless and portable tele-transaction computers and systems. For ten years, Professor Macey served as Reporter for the American Bar Association's Committee on Corporate Laws' Model Business Corporation Act Revision Project, the principal professional body concerned with reforming and improving the statutes that govern corporate entities. In 1977, Professor Macey received a Bachelor of Arts degree in Economics, cum laude, from Harvard College, and in 1982, a Juris Doctor degree from the Yale Law School. In 1996, Professor Macey received a Ph.D. (Law) (honoris causa) from the Stockholm School of Economics.
Total Compensation: $ —
Mr. Meister, since March 2006, has served as Principal Executive Officer and Vice Chairman of the Board of American Property Investors, Inc. ("API"), the general partner of American Real Estate Partners, L.P. Mr. Meister served as President of API from August 2003 until July 2005 and as Chief Executive Officer of API from August 2003 until March 2006. American Real Estate Partners is a public limited partnership controlled by Mr. Icahn that invests in real estate and holds various other interests, including the interests in its subsidiaries that are engaged in, among other things, the fund management business, the casino entertainment business and the home textile business. Mr. Meister also serves as a director and/or officer of various direct and indirect subsidiaries of Icahn Enterprises. Mr. Meister is also a Managing Director of Icahn Partners LP, Icahn Partners Master Fund LP and Icahn Partners Master Fund II LP, which are private investment funds managed by subsidiaries of Icahn Enterprises. From March 2000 through 2001, Mr. Meister served as co-president of J Net Ventures, a venture capital fund that he co-founded, focused on investments in information technology and enterprise software businesses. From 1997 through 1999, Mr. Meister served as an investment professional at Northstar Capital Partners, an opportunistic real estate investment partnership. Prior to Northstar, Mr. Meister served as an investment analyst in the investment banking group at Lazard Freres. He also serves on the Boards of Directors of the following companies: XO Holdings, Inc., a telecommunications company that is majority-owned by various entities controlled by Mr. Icahn; American Railcar Industries, Inc., a company primarily engaged in the business of manufacturing covered hopper and tank railcars that is majority-owned by various entities controlled by Mr. Icahn; and BKF Capital Group, Inc., formerly an investment management firm, in which affiliates of Mr. Icahn are stockholders. Mr. Meister received an A.B. in government, cum laude, from Harvard College in 1995.
