20170510

Page 1

Daily Record FINANCIAL NEWS &

WEDNESDAY, MAY 10, 2017

VOL. 104, NO.127 • ONE SECTION

35¢

www.jaxdailyrecord.com

THE TOP FIVE Gary Norcross

Michael Ward

Thomas Sanzone

Raymond Quirk

Paul Boynton

Fidelity National Information

CSX

Black Knight Financial

Fidelity National Financial

Rayonier AM

$20.02 million

$13.58 million

$8.46 million

$7.70 million

$7.16 million

Tru by Hilton on deck in Arlington

WHAT CEOs MAKE Company

CEO

Salary

Incentives

Compensation

Advanced Disposal

Richard Burke

Ameris

$600,000

$609,006

$5,625,974

390%

Edwin Hortan

$650,000

$518,166

$2,409,630

27%

Atlantic Coast Financial

John Stephens

$402,600

$119,820

$752,533

52%

Black Knight Financial

Thomas Sanzone

$736,923

$2,680,500

$8,457,048

176%

CSX

Michael Ward

$1,200,000

$2,059,200

$13,580,104

47%

Drone Aviation

Jay Nussbaum*

$48,001

$75,000

$2,919,751

Duos Technologies

Gianni Arcaini

$226,600

$61,000

$311,754

EverBank Financial

Robert Clements

$775,000

$1,216,750

$2,859,215

12%

Fidelity National Financial

Raymond Quirk

$831,692

$2,382,977

$7,698,057

8%

Fidelity National Information

Gary Norcross

$1,000,000

$11,219,250

$20,020,448

FirstAtlantic Bank

Mitchell Hunt

$275,000

$44,377

$370,241

7%

FRP Holdings

Thompson Baker

$214,725

$162,225

$485,866

25%

GEE Group

Derek Dewan

$130,000

$0

$130,000

NM

International Baler

Roger Griffin

$130,000

$0

$130,000

43%

Landstar System

James Gattoni

$450,000

$0

$1,431,155

42%

ParkerVision

Jeffrey Parker

$325,000

$0

$839,400

139%

Patriot Transportation

Thompson Baker

$214,725

$110,313

$444,113

90%

Rayonier

David Nunes

$637,500

$956,250

$3,486,763

17%

Rayonier AM

Paul Boynton

$927,000

$1,715,000

$7,159,564

24%

Regency Centers

Martin Stein

$820,000

$1,431,900

$5,141,483

3%

Stein Mart

Hunt Hawkins*

$494,583

$0

$2,516,290

NM

TapImmune

Glynn Wilson

$276,200

$110,000

$626,400

Web.com Group

David Brown

$560,000

$336,000

$4,306,309

* Became CEO in fiscal 2016

From 2015

NM 2%

55%

Hunter Harrison will likely be Jacksonville’s highest-paid CEO this year, but proxy data filed by area publicly traded companies shows his predecessor at CSX Corp. was only the second-highest paid local chief executive in fiscal 2016. Michael Ward received a compensation package worth $13.6 million as chief executive of CSX in 2016, but the highestpaid CEO was Gary Norcross of Fidelity

24% 3%

PUBLIC

LEGAL NOTICES BEGIN ON PAGE

8

Jacksonville executive also received higher pay than Ward last year, Fidelity National Financial Inc. Chairman Bill Foley. Fidelity (which spun off FIS as a separate company a decade ago) lists Foley’s compensation package at $14.4 million for 2016, but that includes money paid by another public company, Black Knight Financial Services Inc., because Fidelity still owns a majority stake in Black Knight. Fidelity is planning to spin off its majorCOMPENSATION

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Legislature grants raises for judges, state lawyers By Max Marbut Associate Editor

NM = Not Measurable

National Information Services Inc., or FIS. Norcross received a total package valued at $20 million in 2016, according to FIS’ proxy statement, which included large incentive payments for the company’s successful integration of SunGard Data Services Inc. FIS acquired SunGard at the end of 2015 and the company has said it is ahead of schedule in achieving cost cuts from the combined operations of the two companies. Although he is not a CEO, one other

Hilton’s “millennial-mindset” Tru by Hilton hotel could open in Arlington in April. A Tru by Hilton spokeswoman said it would be owned by Champion Hotels, an Oklahoma City-based hotel operator. Champion Hotels, through Sunny Hotels LLC, intends to develop the Tru by Hilton at 2700 Jane St., along Merrill Road east of Interstate 295, according to documents filed with the city. A Champion representative did not return a phone call. The plans are shown on an application for a zoning deviation to permit two hotels to share a parking field. Tru by Hilton would go up next to the Candlewood Suites, also owned by Champion Hotels. MATHIS

FIS’ Gary Norcross tops list of highest-paid area CEOs in 2016 By Mark Basch Contributing Writer

Company expects April opening at Merrill and I-295

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27,188

Just a few hours after the state Legislature ended its 2017 business Monday, The Florida Bar published its review of what the lawmakers did — and didn’t do — as well as its analysis of the $82.4 billion budget that’s on its way to Gov. Rick Scott’s desk. The Florida Bar points out that Scott will now contemplate “whether to veto any bills or, more importantly, the budget or any portions thereof.” Here are the highlights from the session:  The Legislature did not enact a proposed constitutional amendment that would have limited the terms in office of judges and state Supreme Court justices. LEGISLATURE

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CONSECUTIVE WEEKDAYS


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