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MeadWestvaco Corporation (MWV)

-NYSE

35.29 May 21, 4:03PM EDT

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MeadWestvaco Corporation
501 South 5th Street
Richmond, VA 23219-0501
United States - Map
Phone: 804-444-1000
Website: http://www.meadwestvaco.com

Details 
Index Membership:N/A
Sector:Consumer Goods
Industry:Packaging & Containers
Full Time Employees:16,000

Business Summary 

MeadWestvaco Corporation provides packaging solutions to healthcare, beauty and personal care, food, beverage, home and garden, tobacco, and agricultural industries worldwide. It operates through five segments: Food & Beverage; Home, Health & Beauty; Industrial; Specialty Chemicals; and Community Development and Land Management. The Food & Beverage segment produces packaging materials, as well as designs and produces packaging solutions primarily for the food, food service, beverage, dairy, and tobacco end markets, as well as offers paperboard for commercial printing. The Home, Health & Beauty segment designs and produces packaging solutions for the personal care, fragrance, home care, lawn and garden, prescription drug, and healthcare end markets. The Industrial segment designs and produces corrugated packaging solutions primarily for produce, meat, consumer products, and bulk goods primarily in Brazil and India. The Specialty Chemicals segment manufactures, markets, and distributes specialty chemicals derived from sawdust and other byproducts. Its products include performance chemicals derived from pine chemicals used in printing inks, asphalt paving, and adhesives, as well as in the agricultural, paper, and petroleum industries. This segment also offers products based on activated carbon used in gas vapor emission control systems for automobiles and trucks, as well as for air, water, and food purification applications. The Community Development and Land Management segment engages in real estate development, forestry, and leasing operations. The company sells its products directly, as well as through paperboard merchants and distributors in North America, South America, Europe, and Asia. MeadWestvaco Corporation was founded in 1888 and is headquartered in Richmond, Virginia.

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Corporate Governance 
MeadWestvaco Corporation’s ISS Governance QuickScore as of May 1, 2013 is 6. The pillar scores are Audit: 1; Board: 2; Shareholder Rights: 6; Compensation: 7.
Brought to you by Institutional Shareholder Services (ISS)

Key Executives 
 PayExercised
Mr. John A. Luke Jr., 64
Chairman, Chief Exec. Officer and Chairman of Exec. Committee
2.56M1.78M
Mr. James A. Buzzard , 58
Pres
1.41M864.00K
Mr. E. Mark Rajkowski , 54
Chief Financial Officer and Sr. VP
1.14M3.80M
Mr. Wendell L. Willkie II, 61
Sr. VP, Gen. Counsel and Sec.
888.00K1.44M
Mr. Brent A. Harwood , 49
Chief Accounting Officer, VP and Controller
N/AN/A
Amounts are as of Dec 30, 2012 and compensation values are for the last fiscal year ending on that date. Pay is salary, bonuses, etc.Exercised is the value of options exercised during the fiscal year.
Currency in USD.
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