Investor Information | Executive Team

Maximizing Value in Community Development

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Donald J. Tomnitz

Executive Chairman

Mr. Tomnitz, age 69, serves as the Executive Chairman of Forestar Group Inc. Prior to Forestar, he served as the Vice Chairman and Chief Executive Officer of D. R. Horton, Inc. from November 1998 to September 2014. He was a Vice President in charge of various divisions of D.R. Horton from 1983 until he was elected Vice President-Western Region in 1994. From 1996 until 1998, Mr. Tomnitz was President of the Company’s Homebuilding Division. In 1998, he was elected an Executive Vice President of the Company and in 2000, he became President. Before joining D.R. Horton, Mr. Tomnitz was a Captain in the U.S. Army, a Vice President of RepublicBank of Dallas, N.A., and a Vice President of Crow Development Company, a Trammell Crow Company.

Mr. Tomnitz holds a Bachelor of Arts Degree in Economics from Westminster College and a Masters of Business Administration in Finance from Western Illinois University.

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Phillip J. Weber

Chief Executive Officer

Phillip J. Weber has served as Chief Executive Officer of Forestar since September 2015

Phillip J. Weber has served as Chief Executive Officer of Forestar since September 2015. Since May 2013, Phil has also served and currently serves as Chairman of the Forestar Real Estate Investment Committee. Phil previously served as our Executive Vice President - Real Estate from 2009 to May 2013 and as Executive Vice President – Water Resources from May 2013 to September 2015. Prior to joining Forestar, he served the Federal National Mortgage Association (Fannie Mae) as Senior Vice President — Multifamily from 2006 to October 2009, as Chief of Staff to the CEO from 2004 to 2006, and as Chief of Staff to non-Executive Chairman of the Board and Corporate Secretary from 2005 to 2006.

Phil received his Juris Doctor from DePaul University after completing his legal studies at Southern Methodist University, and holds a Bachelor of Arts from Texas Christian University.

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Charles D. Jehl

Chief Financial Officer and Treasurer

Chuck is currently serving as our Chief Financial Officer and Treasurer.

Chuck is currently serving as our Chief Financial Officer and Treasurer. Prior to this position. Chuck held the position of Executive Vice President - Oil and Gas from 2013 to September, 2015 and Chief Accounting Officer from 2006 to 2013. Additionally, he served as Chief Operations Officer and Chief Financial Officer of Guaranty Insurance Services, Inc. from 2005 to 2006, and as Senior Vice President and Controller from 2000 to 2005. From 1989 to 1999, Mr. Jehl held various financial management positions within Temple-Inland’s financial services segment.

A Certified Public Accountant licensed in the state of Texas, Chuck received his Bachelor of Arts in accounting from Concordia Lutheran College at Austin.

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