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The St. Joe Company - The St. Joe Company Announces Marek Bakun As New Chief Financial Officer
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The St. Joe Company
Announces Marek Bakun
As New Chief Financial Officer
WATERSOUND, Fla. - (October 1, 2013) - The St. Joe Company (NYSE:JOE) ("St. Joe" or the "Company") announced today that Marek Bakun is joining the Company as Chief Financial Officer (CFO) effective October 7.
is replacing Tom Hoyer who has held the position since March 2012.
"The addition of Marek
, who brings extensive financial-management experience in real estate development and homebuilding, will help us build on the Company's strong financial foundation."
With responsibilities as the Chief Financial Officer for national and international homebuilding companies, Mr. Bakun's experience includes financial reporting and compliance, cost and capital management, consolidations and acquisitions, value generation as well as operational efficiency.
He earned a Bachelor of Science degree in Business Administration, Accounting from the University of Central Florida.
He is a Certified Public Accountant and a licensed general contractor and real estate broker.
Mr. Bakun comes to St. Joe from Orleans Homebuilders, Inc., in Bensalem, Penn., where he served as Chief Financial Officer and Treasurer since February 2011.
Prior to that, he served as CFO and Treasurer for Mattamy Homes Corporation with responsibility for financial controls in its five U.S. markets.
He began his career as an auditor and joined Morrison Homes in 1999, holding numerous positions.
In August 2006 he was promoted to Vice President and Chief Financial Officer.
When Morrison Homes
merged with Taylor Woodrow in 2007, Mr. Bakun
managed the financial integration of the two multi-billion dollar companies and continued as CFO for the U.S. and Canadian operations until 2008 when he
joined Mattamy Homes Corporation
"I am excited to join the leadership team of The St. Joe Company
," said Marek Bakun