JOHN D. BAKER II - Corporate Board Profile

FRP HOLDINGS, INC.

Filing Date	Source Excerpt
2010-12-21	John D. Baker II 62 Class II 1986 Wells Fargo & Executive Chairman (Term Exp. Company Former President and Chief Executive 2012) Progress Energy, Inc. Officer Texas Industries, Inc. Executive Committee John D. Baker II, Edward L. Baker, Thompson S. Baker II and John D. Milton, Jr., comprise the Executive Committee. To the extent permitted by law, the Executive Committee exercises the powers of the Board between meetings of the Board of Directors.
2011-12-16	John D. Baker II serves as Executive Chairman of the Company's Board of Directors. Mr. Baker served as President and Chief Executive Officer of the Company from February 6, 2008 until September 30, 2010. He has served as a director of the Company since 1986.
2012-12-17	John D. Baker II serves as Executive Chairman of the Company's Board of Directors... John D. Baker II $0 compensation listed in director compensation table.
2013-12-17	John D. Baker II, age 65, served as President and Chief Executive Officer of the Company from February 6, 2008 until September 30, 2010. He was elected as a director in 1986. ... Mr. Baker is Executive Chairman and a member of the Executive Committee. ... No compensation listed for John D. Baker II.
2014-12-30	John D. Baker II serves as Executive Chairman of the Company’s Board of Directors. Mr. Baker served as President and Chief Executive Officer of the Company from February 6, 2008, until September 30, 2010. He served as President and Chief Executive Officer of Florida Rock Industries, Inc. from February 1996 to November 16, 2007. He has served as a director of the Company since 1986.
2015-12-24	John D. Baker II serves as the Chairman of the Company’s Board of Directors. Mr. Baker has served as a director of the Company since 1986 and served as the President and Chief Executive Officer from 2008 to 2010. From 1996 to 2007, Mr. Baker served as President and Chief Executive Officer of Florida Rock Industries, Inc. Mr. Baker currently serves as a director for Wells Fargo & Co. and has formerly served as a director for several other public companies.
2016-12-22	John D. Baker II, age 68, served as President and Chief Executive Officer of the Company from February 6, 2008 until September 30, 2010. He was elected as a director of the Company in 1986. From February 1996 to November 16, 2007, Mr. Baker served as President and Chief Executive Officer of Florida Rock Industries, Inc. Mr. Baker currently serves as a director for Wells Fargo & Co. and has formerly served as a director for Vulcan Materials Company, Progress Energy, Inc. and Texas Industries, Inc. Mr. Baker brings to the Board extensive knowledge in rock mining and real estate industries, as well as proven public company leadership and business experience. Mr. Baker serves as the Chairman of the Board and as a director of the Company. Mr. Baker does not receive any director fees; his compensation arrangement with the Company is related to his service as the Chairman of the Board. In fiscal 2016, Mr. Baker received a base salary of $70,000, stock awards in the amount of $37,440 and $47,329 in other compensation, which includes 401(k) matching, medical reimbursement, life insurance and other perquisites available to our executive officers.
2018-04-12	John D. Baker II, age 69, served as President and Chief Executive Officer of the Company from February 6, 2008 until September 30, 2010 and was again appointed as the Chief Executive Officer of the Company on March 13, 2017. He was elected as a director of the Company in 1986. From February 1996 to November 16, 2007, Mr. Baker served as President and Chief Executive Officer of Florida Rock Industries, Inc. Mr. Baker currently serves as a director for Wells Fargo & Co. and has formerly served as a director for Vulcan Materials Company, Progress Energy, Inc. and Texas Industries, Inc. Mr. Baker brings to the FRP Board extensive knowledge in rock mining and real estate industries, as well as proven public company leadership and business experience. The following table summarizes the actual compensation paid to each of our non-employee directors during the 2016 Stub Period and fiscal year 2017. All amounts reflect the dollar value of the compensation. John D. Baker II Fiscal Year 2017 $14,583 $70,002 $995 $85,580 2016 Stub Period $17,500 — $221 $17,721
2019-03-29	John D. Baker II, age 69, served as President and Chief Executive Officer of the Company from February 6, 2008 until September 30, 2010 and was again appointed as the Chief Executive Officer of the Company on March 13, 2017. He was elected as a director of the Company in 1986. From February 1996 to November 16, 2007, Mr. Baker served as President and Chief Executive Officer of Florida Rock Industries, Inc. Mr. Baker currently serves as a director for Wells Fargo & Co. and has formerly served as a director for Vulcan Materials Company, Progress Energy, Inc. and Texas Industries, Inc. Mr. Baker brings to the FRP Board extensive knowledge in rock mining and real estate industries, as well as proven public company leadership and business experience. The table below contains information about our current directors and director nominees. At a meeting held on March 7, 2019, the FRP Board increased the size of the FRP Board from five directors to six directors. All of our current directors have been nominated for election to the FRP Board for the upcoming year, and Margaret B. Wetherbee has been nominated to fill the vacancy on the FRP Board created by the increase in the size of the FRP Board. The FRP Board is comprised of a group of leaders in their respective fields. Many directors have senior leadership experience and board and committee experience with public companies. In these positions, they have gained significant and diverse management experience. The table below summarizes the compensation paid to each of our non-employee directors during 2018. All amounts reflect the dollar value of the compensation. The Summary Compensation Table sets forth information concerning the compensation of our named executive officers for fiscal years 2018 and 2017 and the 2016 Stub Period. Our compensation program consists of several forms of compensation: base salary, cash incentive bonuses, equity compensation and other benefits and perquisites. John D. Baker II was appointed as the Chief Executive Officer of the Company on March 13, 2017. The Summary Compensation Table sets forth information concerning the compensation of our named executive officers for fiscal years 2018 and 2017 and the 2016 Stub Period. Our compensation program consists of several forms of compensation: base salary, cash incentive bonuses, equity compensation and other benefits and perquisites. The MIC Plan provides officers an opportunity to earn an annual cash bonus for achieving specified performance based goals. Due to the Company’s recent fiscal year change, non-equity incentive awards for the periods reflected in this table were determined and awarded based on the 12-month period beginning October 1, 2016 and ending September 30, 2017 and the 15-month period beginning October 1, 2017 and ending December 31, 2018 (each, an “MIC Period”). The annual bonus pool is determined by the Company’s achievement of target performance goals, subject to a threshold, target and maximum amount, and individual awards are expressed as a percentage of each officer’s base salary and are determined by the achievement of individual performance goals, all of which is set by the Compensation Committee on an annual basis. Each year, a portion of each named executive officer’s cash bonus is contingent upon a determination that the internal control over financial reporting for the company was effective during the applicable year. For the 15-month MIC Period ending December 31, 2018, John D. Baker II and David H. deVilliers, Jr. were eligible to receive bonuses in an amounts of up to 125% of their base salaries, and David H. deVilliers III was eligible to receive a bonus in an amount of up to 81.25% of his base salary. Bonuses were contingent upon the Company’s achievement of (i) an operating profit target and (ii) a target for square feet leased during the period. Each target accounted for 50% of the bonus pool, but an achievement in excess of one target (up to 20%) could be applied to eliminate any corresponding deficit in meeting the other target. The maximum bonus pool was available upon the achievement of an operating profit of $15,088,300 and 759,239 square feet leased. The target operating profit and square feet leased were $14,552,409 and 588,477, respectively, which would have resulted in the achievement of 80% of the eligible bonus pool. The threshold operating profit and square feet leased were $13,205,700 and 465,000, respectively, which would have resulted in the achievement of 50% of the eligible bonus pool. Maximum bonuses were awarded for the 15-month MIC Period ending December 31, 2018 based on the partial performance of the Company during such MIC Period in light of the sale of the Company’s warehouse business on May 21, 2018.
2020-03-13	John D. Baker II, age 71, served as President and Chief Executive Officer of the Company from February 6, 2008 until September 30, 2010 and was again appointed as the Chief Executive Officer of the Company on March 13, 2017. He was elected as a director of the Company in 1986. From February 1996 to November 16, 2007, Mr. Baker served as President and Chief Executive Officer of Florida Rock Industries, Inc. Mr. Baker currently serves as a director for Wells Fargo & Co. and has formerly served as a director for Vulcan Materials Company, Progress Energy, Inc. and Texas Industries, Inc. Mr. Baker brings to the FRP Board extensive knowledge in rock mining and real estate industries, as well as proven public company leadership and business experience. The table below contains information about our current directors and director nominees. The FRP Board is comprised of a group of leaders in their respective fields. Many directors have senior leadership experience and board and committee experience with public companies. In these positions, they have gained significant and diverse management experience. John D. Baker II Executive Chairman and Chief Executive Officer 71 Chief Executive Officer: 2008-2010 and 2017- present Director: 1986- present. The FRP Board currently has five directors and the following four committees: the Audit Committee, the Compensation Committee, the Nominating and Corporate Governance Committee, and the Executive Committee. The membership during 2019 and the function of each committee are described below. John D. Baker II X. John D. Baker II and John D. Milton, Jr. (ex officio), comprised the Executive Committee until August 5, 2019 when John Baker III was appointed by the board of directors as the third member. To the extent permitted by law, the Executive Committee exercises the powers of the FRP Board between meetings of the FRP Board. Our non-employee directors receive cash compensation, as well as equity compensation in the form of stock grants of Company common stock. The following table summarizes the compensation paid to each of our non-employee directors during 2019. All amounts reflect the dollar value of the compensation. The Summary Compensation Table sets forth information concerning the compensation of our named executive officers for 2019, 2018 and 2017. Our compensation program consists of several forms of compensation: base salary, cash incentive bonuses, equity compensation and other benefits and perquisites. John D. Baker II 2019 $ 200,000 — — $ 200,000 $ 56,778 $ 456,778 Chief Executive Officer.
2021-03-25	John D. Baker II Executive Chairman and Chief Executive Officer Age 72 Chief Executive Officer: 2008-2010 and 2017-present Director: 1986-present John D. Baker II served as President and Chief Executive Officer of the Company from February 6, 2008 until September 30, 2010 and was again appointed as the Chief Executive Officer of the Company on March 13, 2017. Mr. Baker was elected as a director of the Company in 1986 and currently serves as the Executive Chairman. John D. Baker II serves as the Chairman of the FRP Board and as FRP’s Chief Executive Officer. John D. Baker II, John D. Baker III (ex officio), and John D. Milton, Jr. (ex officio) comprised the Executive Committee during 2020. Summary Compensation Table shows total compensation of $703,678 for 2020.
2022-04-01	John D. Baker II served as President and Chief Executive Officer of the Company from February 6, 2008 until September 30, 2010 and was again appointed as the Chief Executive Officer of the Company on March 13, 2017. Mr. Baker was elected as a director of the Company in 1986 and currently serves as the Executive Chairman. Mr. Baker also serves as Chairman of the board of directors of regional utility Jacksonville Electric Authority and Executive Chairman of the board of directors of Florida Rock and Tank Lines, Inc., a subsidiary of Patriot Transportation Holding, Inc. Mr. Baker formerly served as a director for Wells Fargo & Company, Jacksonville Port Authority, Progress Energy, Vulcan Materials, Texas Industries, Hughes Supply, and Edward Waters College. Prior to his business career, Mr. Baker served in the Marine Corps. Mr. Baker brings to the FRP Board extensive knowledge in rock mining and real estate industries, as well as proven public company leadership and business experience. Mr. Baker is the father of John D. Baker III, Chief Financial Officer and Treasurer of the Company, and the uncle of Margaret B. Wetherbee, director of the Company. The Summary Compensation Table sets forth information concerning the compensation of our named executive officers for 2021, 2020, and 2019. Our compensation program consists of several forms of compensation: base salary, cash incentive bonuses, equity compensation, and other benefits and perquisites. The Summary Compensation Table shows John D. Baker II's total compensation for 2021 as $694,950.
2023-03-27	John D. Baker II serves as the Chairman of the FRP Board and as FRP’s Chief Executive Officer. Mr. Baker has served as a director of the Company since 1986, served as the President and Chief Executive Officer from 2008 to 2010, and was again appointed as the Chief Executive Officer of the Company in 2017. ... Mr. Baker brings to the FRP Board extensive knowledge in rock mining and real estate industries, as well as proven public company leadership and business experience. ... The table below contains information about our current directors and director nominees. ... John D. Baker II Executive Chairman and Chief Executive Officer Age 74 ... The following table summarizes the compensation paid to each of our non-employee directors during 2022. ... Summary Compensation Table ... John D. Baker II Chief Executive Officer 2022 ... Total $559,706.
2024-03-27	John D. Baker II serves as the Chairman of the FRP Board and as FRP’s Chief Executive Officer. Mr. Baker has served as a director of the Company since 1986, served as the President and Chief Executive Officer from 2008 to 2010, and was again appointed as the Chief Executive Officer of the Company in 2017.
2025-03-21	John D. Baker II serves as the Chairman of the FRP Board. Mr. Baker has served as a director of the Company since 1986, served as the President and Chief Executive Officer from 2008 to 2010, and was again appointed as the Chief Executive Officer of the Company in 2017 until he retired from the position in May of 2024. From 1996 to 2007, Mr. Baker served as President and Chief Executive Officer of Florida Rock Industries, Inc. Mr. Baker is the former chairman and current director of regional utility Jacksonville Electric Authority. Mr. Baker also currently serves as a director of The Jacksonville Civic Counsel. Mr. Baker formerly served as a director of Florida Rock Industries, Wachovia Corp., Wells Fargo & Company, Jacksonville Port Authority, Progress Energy, Vulcan Materials, Texas Industries, Hughes Supply, KIPP Jacksonville, Inc., The Florida Council of 100 and Edward Waters College. Prior to his business career, Mr. Baker served in the Marine Corps.