About Us | Board of Directors
Recognizing and Responsibly Delivering the Greatest Value from Every Acre
Forestar's Board of Directors represent a diverse range of backgrounds and skill sets. Our directors contribute their exceptional talent and considerable experience to overseeing and guiding our business and affairs. Our Board is committed to furthering the mission, vision and strategy of Forestar as it continues to grow.
Kenneth M. Jastrow, II
Chairman of the Board
Mr. Jastrow became Non-Executive Chairman of our Board upon the completion of our spin-off in 2007.
Mr. Jastrow became Non-Executive Chairman of our Board upon the completion of our spin-off in 2007. Mr. Jastrow served as Chairman of the Board and Chief Executive Officer of Temple-Inland Inc. from 2000 to 2007, and in various other capacities since 1991, including President, Chief Operating Officer, Chief Financial Officer, and Group Vice President. Mr. Jastrow also serves on the boards of MGIC Investment Corporation, KB Home and Genesis Energy, LLC. In addition, during the past five years, Mr. Jastrow served as a director of Guaranty Financial Group, Inc. and its subsidiary Guaranty Bank (from December 2007 through August 2008).
James M. DeCosmo
Mr. DeCosmo has served as our President and Chief Executive Officer since 2006.
Mr. DeCosmo has served as our President and Chief Executive Officer since 2006. He served as Group Vice President of Temple-Inland Inc. from 2005 to 2007, and previously served as Vice President, Forest from 2000 to 2005 and as Director of Forest Management from 1999 to 2000. Prior to joining Temple-Inland Inc., he held various land management positions throughout the Southeastern United States. Mr. DeCosmo also serves on the Policy Advisory Board of the Harvard Housing Institute.
Ms. Brown is Chairman of Investment Banking for the Midwest Region of Goldman, Sachs & Co.
Ms. Brown is Chairman of Investment Banking for the Midwest Region of Goldman, Sachs & Co. She joined Goldman, Sachs & Co in 2001 as a Managing Director in Private Wealth Management and from 2005 to 2010 she headed the Western Region of the Public Sector and Infrastructure Group. Ms. Brown served as Treasurer of the State of California from 1991 through 1994 and was the Democratic Nominee for Governor of California in 1994. She practiced law with O’Melveny & Myers and was as President of the Private Bank at Bank of America. She served on the Los Angeles Board of Education and as a Commissioner of Public Works in the City of Los Angeles. Ms. Brown is a member of the Council on Foreign Relations and was appointed to the Great Lakes Protection Fund Board of Directors by Governor Pat Quinn. She has previously served on numerous not-for-profit boards including the Children’s Hospital Los Angeles, the Climate Action Reserve and Los Angeles Chamber of Commerce.
William G. Currie
Mr. Currie is Chairman of the Board of Universal Forest Products, Inc.,
Mr. Currie is Chairman of the Board of Universal Forest Products, Inc., one of the United States’ leading manufacturers and distributors of wood and wood-alternative products. Mr. Currie has had a 35-plus year career with Universal Forest Products, Inc., serving as Chief Executive Officer from 1989 through 2009, as Executive Chairman of the Board from 2006 through 2009, and as Vice Chairman from 2000 through 2005. Mr. Currie also serves as Chairman for Grand Northern Products, a privately held company.
Michael E. Dougherty
Mr. Dougherty is founder and Chairman of Dougherty Financial Group LLC,
Mr. Dougherty is founder and Chairman of Dougherty Financial Group LLC, a collection of seven financial service companies in fourteen states managing assets in excess of $42 billion. Dougherty Financial Group was formed in 1977. Mr. Dougherty previously served on the board of directors of Countrywide Bank, N.A. and Carol Health Corporation. He currently serves as a director of the University of Minnesota Physicians. Mr. Dougherty is also a trustee of the University of St. Thomas, St. Paul, Minnesota.
James A. Johnson
Mr. Johnson is Vice Chairman of Perseus LLC, a merchant bank and private equity fund management firm,
Mr. Johnson is Vice Chairman of Perseus LLC, a merchant bank and private equity fund management firm, which Mr. Johnson joined in 2001. Mr. Johnson served as Chairman and Chief Executive Officer of Johnson Capital Partners until 2001, as Chairman of the Executive Committee of the Board of Fannie Mae in 1999 and as Chairman and Chief Executive Officer of Fannie Mae from 1991 through 1998. He also serves on the boards of Target Corporation and Goldman Sachs Group, Inc. He previously served as a director of Temple-Inland Inc., UnitedHealth Group Incorporated, and KB Home.
Charles W. Matthews
Mr. Matthews served Exxon Mobil Corporation, one of the leading global energy companies in the world,
Mr. Matthews served Exxon Mobil Corporation, one of the leading global energy companies in the world, and its predecessor, Exxon Corporation, in several capacities in its legal department since 1971. He held the position of Vice President and General Counsel in 1995 until his retirement in 2010. Mr. Matthews continues to practice law, and is a member of the board of Children’s Medical Center of Dallas, Trinity Industries, Inc. and Cullen/Frost Bankers, Inc. Mr. Matthews is chair of the University of Texas Development Board and is a member of the board of the University of Texas System Foundation. He is Vice Chairman of the Texas Cultural Trust.
William C. Powers, Jr.
Mr. Powers has been President of the University of Texas at Austin since 2006.
Mr. Powers has been President of The University of Texas at Austin since 2006. He is also a University Distinguished Teaching Professor and holds the Hines H. Baker and Thelma Kelley Baker Chair in Law at The University of Texas School of Law, where he served as Dean from 2000 to 2005. Other university appointments have been with the Southern Methodist University School of Law, the University of Michigan School of Law, and the University of Washington School of Law. He served as chair of the Special Investigation Committee, Enron Corp., which in 2002 produced the “Powers Report.”
James A. Rubright
Mr. Rubright is Chairman of the Board and Chief Executive Officer of Rock-Tenn Company,
Mr. Rubright is Chairman of the Board and Chief Executive Officer of Rock-Tenn Company, one of North America’s leading manufacturers of paperboard, containerboard and consumer and corrugated packaging. Mr. Rubright joined Rock-Tenn Company as Chief Executive Officer in 1999. Previously, he served as Executive Vice President of Sonat Inc. in Birmingham, Alabama, overseeing its interstate natural gas pipeline and energy marketing businesses. Prior to joining Sonat Inc. he was a partner at the law firm of King & Spalding LLP in Atlanta, Georgia. Mr. Rubright also serves on the board of AGL Resources Inc., an energy company. He previously served on the board of Oxford Industries, Inc.
Richard M. Smith
Mr. Smith is the President of Pinkerton Foundation, a New York-based private foundation serving the needs of at-risk youth.
Mr. Smith is the President of Pinkerton Foundation, a New York-based private foundation serving the needs of at-risk youth. He is the former Chairman of Newsweek, a position he held from 1998 to 2010. Mr. Smith served as Editor-in-Chief of Newsweek from 1984 to 2007 and CEO from 1991 until 2007. Mr. Smith was Chairman of the Magazine Publishers of America from 1996 to 1997 and was the founding Chairman of the MPA’s New Media Committee. Mr. Smith previously served on the MPA’s board and on the board of the American Society of Magazine editors. He also serves on the board of Merryck & Co., a privately-held CEO mentoring firm. Mr. Smith served on the board of Temple-Inland Inc. until its February 2012 merger with International Paper.
Carl A. Thomason
Mr. Thomason has over 30 years' of experience in the oil and gas industry.
Mr. Thomason has over 30 years’ experience in the oil & gas industry. He is an owner and president of Great Northern Gathering and Marketing, LLC, with operations in North Dakota and Montana, a position he has held since 2011. From 2003 through 2010, he owned Yessup Oil Corporation, an independent marketer of refined petroleum products, and also an operator of a hydrogen sulfide removal plant in East Texas. From 1997 through 2004, Mr. Thomason served as a consultant to Davison Petroleum Products Company, LLC, headquartered in Ruston, Louisiana. He previously held positions involving gathering, marketing, acquisition and trading of crude oil. Mr. Thomason serves on the board of directors of Genesis Energy, LLC, general partner of Genesis Energy, L.P.