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Forestar CEO to step down; replacement named

Forestar Group Inc. CEO Phillip Weber is stepping down Dec. 28, with Daniel Bartok appointed as his successor.

Bartok, whose appointment is effective Dec. 29, most recently served as the executive vice president of owned real estate for Wells Fargo.

In October, D.R. Horton Inc. completed its acquisition of 75% of Forestar's outstanding shares.