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Packaging Corporation of America (PKG)

173.92 +3.04 (+1.78%)
At close: April 24 at 4:00 PM EDT

Key Executives

Amounts are as of December 31, 2023 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.
NameTitlePayExercisedYear Born
Mr. Mark W. Kowlzan Chairman of the Board & CEO 4.73M -- 1956
Mr. Robert P. Mundy Principal Accounting Officer, EVP & CFO 2.32M -- 1962
Mr. Thomas A. Hassfurther PCA Executive Vice President of Corrugated Products 3.45M -- 1956
Mr. Charles J. Carter Executive Vice President of Mill Operations 2.03M -- 1960
Mr. Donald Ray Shirley Senior VP of Corporate Engineering & Process Technology 1.42M -- 1972
Mr. Bruce A. Ridley Senior VP of Environmental Health, Safety & Operational Services -- -- 1956

Packaging Corporation of America

1 North Field Court
Lake Forest, IL 60045
United States
847 482 3000 https://www.packagingcorp.com
Full Time Employees: 
14,900

Description

Packaging Corporation of America manufactures and sells containerboard and corrugated packaging products in the United States. The company operates through three segments: Packaging, Paper, and Corporate and Other. The Packaging segment offers various containerboard and corrugated packaging products, such as conventional shipping containers used to protect and transport manufactured goods; multi-color boxes and displays that help to merchandise the packaged product in retail locations; and honeycomb protective packaging products, as well as packaging for meat, fresh fruit and vegetables, processed food, beverages, and other industrial and consumer products. This segment sells its corrugated products through a direct sales and marketing organization, independent brokers, and distribution partners. The Paper segment manufactures and sells commodity and specialty papers, as well as communication papers, including cut-size office papers, and printing and converting papers. This segment sells white papers through its sales and marketing organization. The Corporate and Other segment includes corporate support staff services and related assets and liabilities; and transportation assets, such as rail cars and trucks for transportation. Packaging Corporation of America was founded in 1867 and is headquartered in Lake Forest, Illinois.

Corporate Governance

Packaging Corporation of America’s ISS Governance QualityScore as of April 1, 2024 is 6. The pillar scores are Audit: 9; Board: 9; Shareholder Rights: 4; Compensation: 1.
Corporate governance scores courtesy of Institutional Shareholder Services (ISS) Scores indicate decile rank relative to index or region. A decile score of 1 indicates lower governance risk, while a 10 indicates higher governance risk.

Recent Events

  • Apr 23, 2024
    8-K: Corporate Changes & Voting Matters
    See Full Filing
  • Apr 15, 2024
    Dividend Date
  • Apr 03, 2024
    DEFA14A: Proxy Statements
    See Full Filing
  • Mar 28, 2024
    DEF 14A: Proxy Statements
    See Full Filing
  • Mar 14, 2024
    Ex-Dividend Date

Upcoming Events

Jul 22, 2024 - Jul 26, 2024
Packaging Corporation of America Earnings Call

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