Divorce costing exec chunk of company

Divorce is a costly business, especially when it hits your business.

David Dunkel, CEO of Kforce Inc. learned that last week after his Tampa-based technology staffing company informed investors his soon-to-be ex-wife Maureen Dunkel would get a good chunk of the company in the split.

Maureen Dunkel already received more than 361,000 shares, according to documents filed with the U.S. Securities and Exchange Commission. And there's a chance it could be almost twice that depending on what an appeals judge says.

That first set of shares is worth nearly $8.2 million, based on the March 23 closing price for Kforce, which trades on the Nasdaq under the symbol KFRC. If Maureen Dunkel receives the full award, it could reach $15.4 million, and give her 32% of her husband's total holdings in the company he has led since its formation in 1994. David Dunkel's 2.1 million shares before the divorce settlement are worth $48 million, based on the March 23 close.

The larger award would also make Maureen Dunkel a major shareholder in Kforce, giving her a 2% stake in the company, which has a market cap of $640 million.

David Dunkel earns an $800,000 base salary, and earned $5.6 million in bonuses in 2014.

Shares aren't the only things being divided up. The couple also put their 7,800-square-foot waterfront home on Tampa's Safe Harbor Drive up for sale, with an asking price of $1.7 million. The Dunkels listed the six-bedroom, eight-bathroom home more than a year ago, with an asking price not far off the $1.6 million they paid in 2001.