MONDAY May 6, 2019
At its annual meeting, CSX touts ‘historic’ results PAGE 3
jaxdailyrecord.com • 35 cents
Public legal notices begin on page 4
Daily Record JACKSONVILLE
THE TOP FIVE 2018
Lori Boyer one of 3 DIA CEO finalists
Daily Record Raymond Quirk JACKSONVILLE
Anthony Jabbour Gary Norcross
Paul Boynton
James Foote
Black Knight
FIS Group
Rayonier AM
CSX
$18.44 million
$13.82 million
$13.77 million
$20.68 million
Fidelity National Financial
$9.08 million
May 15 interviews will be open to the public.
Daily Record WHAT CEOs MAKE Daily Record JACKSONVILLE
BY MIKE MENDENHALL STAFF WRITER
2018 than they did in 2017. That doesn’t mean their pay packages were low. Gary Norcross of Fidelity National Information Services Inc., or FIS, made 37% less in 2018. But that still left him with a total compensation package of $18.4 million. His pay package was much higher in 2017
The Jacksonville Downtown Investment Authority narrowed its search for a new CEO to three finalists, including City Council member Lori Boyer, and is scheduled to interview the candidates in a public meeting May 15. Boyer told the JAX Chamber Downtown Council on Friday that she is moving on to the second and final round of interviews. The DIA held a first round of interviews in mid-April. Boyer confirmed the other two can- Boyer didates are from outside Jacksonville, but the city said the search firm has not released the names. The DIA contracted with executive search firm Jorgenson Consulting Inc. in November to help identify the next CEO. The DIA has been without a permanent chief executive since October, when CEO Aundra Wallace left to become president of the JAXUSA Partnership at JAX Chamber. The partnership is the chamber’s economic development division. Brian Hughes, Mayor Lenny Curry’s chief of staff, serves as the interim DIA CEO. Hughes has been appointed to replace retiring city Chief Administrative Officer Sam Mousa, who will leave June 28. Boyer will leave her District 5 council seat in June after serving a maximum two consecutive terms. Her connections with the authority run deep. Council
SEE PAY, PAGE 2
SEE BOYER, PAGE 3
Company
CEO
Advanced Disposal
Richard Burke
$775,000
$709,125
$3,551,039
Ameris
Dennis Zember**
$500,000
$477,425
$1,566,398
ARC Group
Richard Akam***
$160,000
$12,500
$185,700
Black Knight
Anthony Jabbour ****
$533,654
$3,237,000
$20,681,892
N/M
CSX
James Foote
$1,220,833
$3,052,083
$13,770,601
N/M
Drone Aviation
Jay Nussbaum
$245,000
$225,000
$1,662,113
34%
Duos Technologies
Gianni Arcaini
$249,260
$183,386
$604,146
107%
Fidelity National Financial
Raymond Quirk
$1,000,000
$3,061,902
$9,078,683
FIS
Gary Norcross
$1,200,000
$3,561,171
$18,442,389
37%
FRP Holdings
John Baker
$222,500
$278,125
$609,715
26%
GEE Group
Derek Dewan
$300,000
$0
$1,626,000
International Baler
Victor Biazis*****
$8,500
$0
$8,500
Landstar System
James Gattoni
$500,000
$3,000,000
$5,469,699
23%
ParkerVision
Jeffrey Parker
$297,500
$0
$321,500
44%
Patriot Transportation
Robert Sandlin
$316,990
$0
$538,444
9%
Rayonier
David Nunes
$693,750
$1,005,940
$4,318,498
18%
Rayonier AM
Paul Boynton
$988,750
$6,038,529
$13,815,099
73%
Regency Centers
Martin Stein
$875,000
$1,362,200
$5,419,621
* Includes stock options, awards ** Appointed CEO on July 5, 2018
Nearly half of the top executives in Northeast Florida earned less money in 2018 than 2017.
Salary Incentives
*** Resigned Jan. 2 **** Became CEO on April 1, 2018
Total* Change
JACKSONVILLE 7% N/M
10%
1%
442% N/M
3%
***** Served as CEO for one month of fiscal 2018 N/M – Not measurable
BY MARK BASCH CONTRIBUTING WRITER
Not that anybody is sympathizing with them, but several CEOs of Jacksonville area public companies took a pay cut last year. A look at proxy statements and annual reports filed by companies headquartered in the Jacksonville area show six of the 14 CEOs who have been in place for more than a year made less in
JaxPort rolls out a new logo, website design The Jacksonville Port Authority has a new logo and an updated website. It’s the first branding change for JaxPort since the seaport and Jacksonville Aviation Authority were split into two entities in 2001, according to spokesman Robert Peek. He said the rebranding was completed in-house. The JaxPort website is JaxPort.com,
VOLUME 106, NO. 120 • ONE SECTION