The St. Joe Company Names Marek Bakun as New CFO

The St. Joe Company

(“St. Joe” or the “Company”) announced today that Marek Bakun is joining the Company as Chief Financial Officer (CFO) effective October 7. Mr. Bakun is replacing Tom Hoyer who has held the position since March 2012. “St. Joe appreciates Tom's accomplishments working with the leadership team to better position the Company financially,” said Park Brady, CEO for The St. Joe Company. “The addition of Marek, who brings extensive financial-management experience in real estate development and homebuilding, will help us build on the Company's strong financial foundation.” With responsibilities as the Chief Financial Officer for national and international homebuilding companies, Mr. Bakun's experience