Forestar Real Estate Group Names Tavia McCuean Vice President, Leading Stewardship and Conservation Initiatives in Georgia
Forestar Real Estate Group Inc. (NYSE:FOR) today announced that Tavia McCuean, former head of The Nature Conservancy in Georgia, has joined Forestar Real Estate Group Inc. as Vice President. In this position, she will lead Forestar’s stewardship and conservation initiatives statewide, as well as assist with community development standards and various government affairs.
Ms. McCuean is the past Executive Director of The Nature Conservancy, where she worked for almost 20 years. Prior to that, she served as the Executive Director of The Florida Trust for Historic Preservation, and as a public information officer for the Northwest Florida Water Management District.
Her civic and community activities include Leadership Georgia, where she served as Chairman, and directorships at Junior League of Atlanta, Zoo Atlanta, Georgia Center for Non-profits, Smithgall Wood Foundation, and Sapelo Island Foundation. Ms. McCuean was also an appointee of Governor Miller to the Rivercare Committee and the Forest Land Management Committee.
In making the announcement, Tom Etheredge, Executive Vice President of Forestar Real Estate Group, said, “Tavia brings significant insight and expertise in the areas of stewardship and conservation. We believe her unique qualifications will assist in the execution of Forestar’s strategy to maximize and grow long-term shareholder value.”
About Forestar Real Estate Group
Forestar Real Estate Group Inc. operates in two business segments: real estate and natural resources. The real estate segment owns directly or through ventures about 373,000 acres of real estate located in ten states and thirteen markets in the U.S. The real estate segment has 24 real estate projects representing over 28,000 acres currently in the entitlement process and over 75 active development projects in eight states and 12 markets encompassing approximately 16,000 acres, comprised of about 30,000 residential lots and 1,900 commercial acres. The natural resources segment manages about 622,000 net acres of oil and gas mineral interests, sells wood fiber from its land primarily located in Georgia, and leases land for recreational uses. Forestar’s address on the World Wide Web is www.forestargroup.com.
This release contains “forward-looking statements” within the meaning of the federal securities laws. These statements reflect management’s current views with respect to future events and are subject to risk and uncertainties. We note that a variety of factors and uncertainties could cause our actual results to differ significantly from the results discussed in the forward-looking statements. Factors and uncertainties that might cause such differences include, but are not limited to: general economic, market, or business conditions; the opportunities (or lack thereof) that may be presented to us and that we may pursue; fluctuations in costs and expenses including development costs; demand for new housing, including impacts from mortgage credit availability; lengthy and uncertain entitlement processes; cyclicality of our businesses; accuracy of accounting assumptions; competitive actions by other companies; changes in laws or regulations; and other factors, many of which are beyond our control. Except as required by law, we expressly disclaim any obligation to publicly revise any forward-looking statements contained in this news release to reflect the occurrence of events after the date of this news release.