April 23, 2014

Florida Business Newsmakers in 2011

These business people were exceptionally notable during the past year.

Florida Trend Staff | 12/28/2011

BRUCE BERKOWITZ
Investor, Coral Gables

Shaking up St. Joe

Bruce Berkowitz[Photo: AP]
Fairholme Capital Management chief Bruce Berkowitz got his way in 2011 with Watersound-based developer St. Joe Co., one of Florida's largest landowners. Berkowitz, St. Joe's largest shareholder through Fairholme, rained criticism on President and CEO Britt Greene and the company's board, leading to Greene's departure. Berkowitz became chairman and got to put his own people on the board, including former Gov. Charlie Crist. That was the highlight for Berkowitz, a transplant to Coral Gables from New Jersey who otherwise had a bad year. The Morningstar Manager of the Decade in 2010 saw his fund fall 27% thanks to big bets on financial stocks. Charles Fernandez, Fairholme president and co-manager, described in several profiles as Berkowitz's right-hand man, resigned for "personal reasons." Berkowitz's office declined an interview.

— Mike Vogel

Digital Access

DIRECT DIGITAL ACCESS
Add digital to your current subscription, purchase a single ditgital issue, or start a new subscription to Florida Trend.

TABLE OF CONTENTS
An overview of the features and articles in this month's issue of Florida Trend.

ACCESS THIS ISSUE »

Florida Business News

Florida Trend Video Pick

Water is the instrument at Florida Orchestra concerts
Water is the instrument at Florida Orchestra concerts

Florida Orchestra Percussionist John Shaw and his water basin will be center stage for the Tan Dun Water Concerto, a unique production of light and sound being performed by the Florida Orchestra.

Earlier Videos | Viewpoints@FloridaTrend

Ballot Box

How quickly must we act to protect Florida's dying springs?

  • Immediately - Florida's House and Senate must pass SB 1576
  • Not a priority - issue can be postponed
  • This shouldn't even be on the agenda

See Results

Ballot Box
Subscribe