In 2023, David L. Nunes earned $2.50M in total compensation at Rayonier, including $900.00K salary and $1.43M bonus. Most recently acquired 75,240 shares in Apr 2023. Currently holds stock worth $9.12M. Has donated $7.34M in stock to charitable causes. Has led Rayonier for over 11 years.
Compensation History
Annual executive compensation data for David L. Nunes, including salary, bonuses, and stock awards.
Year
2023
Total Compensation
$2.50M
Salary
$900.00K
Bonus
$1.43M
Other
$168.68K
Salary
$900.00KBoard Justification
The compensation philosophy emphasizes 'pay for performance' programs designed to reward superior financial performance and sustained increases in shareholder value.
Bonus
$1.43MBoard Justification
The annual bonus was based on the company's financial performance against key budgeted financial metrics and the attainment of identified strategic objectives, with a target bonus award opportunity of 150% of base salary.
Other Compensation
$168.68KBoard Justification
Other compensation includes contributions to retirement plans and other benefits.
Restricted Stock
Board Justification
No stock was vested in 2023 as the focus is on the compensation excluding stock grants and options.
Performance Metrics
The performance metrics for determining the compensation included Adjusted EBITDA and strategic objectives related to the company's long-term goals.
David L. Nunes
CEO of Rayonier
Education
Not specified
Field of Expertise
Business & Management
Sector of Economy
Real Estate
CEO of Rayonier for
11 years 5 months (Jun 2014 - Present)
Previous Experience
Chief Operating Officer of Rayonier
Other Rayonier CEOs
Holdings
Track David L. Nunes's stock holdings and portfolio value over time.
Total Stock Sold
$10.15M
$10.15M
285,044.127 RYN shares
What if they kept their stock?
If David L. Nunes didn't sell their stock, today they would have:
Extra RYN285,044.127 shares worth $6.11M.
This is -39.81% and $4.04M less than what they got when they sold the stock.
Charitable Transactions
342,179.912 shares
RYN
Recent Charitable Transactions
295,600 shares
RYN
Nov 5, 2021
Charity
30,000 shares
RYN
Oct 5, 2021
Charity
Insider Trading
David L. Nunes's recent stock transactions, purchases, and sales filed with the SEC.
75,240 shares
RYN
Apr 14, 2023
Received
53,544 shares
RYN
Apr 1, 2023
Received
$608.81K
RYN at $37.00/share
Feb 1, 2023
Sale
$1.68M
RYN at $35.62/share
Jan 30, 2023
Sale
63,280 shares
RYN
Apr 14, 2022
Received
38,259 shares
RYN
Apr 1, 2022
Received
295,600 shares
RYN
Nov 5, 2021
Charity
98,533.33 shares
RYN
Nov 5, 2021
Charity
30,000 shares
RYN
Oct 5, 2021
Charity
30,000 shares
RYN
Oct 5, 2021
Charity
Rivals
Compare David L. Nunes with competitor CEOs and industry peers.
Conor C. Flynn
CEO of Kimco Realty
2023 Compensation
Stock
$0.00
Salary
$1.00M
Bonus
$2.92M
Other
$26.34K
Total Holdings
$57.98M
Nate Jorgensen
CEO of Boise Cascade
2023 Compensation
Stock
$0.00
Salary
$1.01M
Bonus
$2.72M
Other
$234.32K
Total Holdings
$106.29M
Eric J. Cremers
CEO of PotlatchDeltic Corporation
2022 Compensation
Stock
$1.27M
Salary
$896.15K
Bonus
$0.00
Other
$111.37K
Total Holdings
$25.50M