PKG - Packaging Corporation of America

NYSE - Nasdaq Real Time Price. Currency in USD

Packaging Corporation of America

1955 West Field Court
Lake Forest, IL 60045
United States
847-482-3000
http://www.packagingcorp.com

SectorConsumer Cyclical
IndustryPackaging & Containers
Full Time Employees14,600

Key Executives

NameTitlePayExercisedYear Born
Mr. Mark W. KowlzanChairman & CEON/AN/A1956
Mr. Robert P. MundySr. VP & CFON/AN/A1962
Mr. Kent A. PfledererSr. VP, Gen. Counsel & Sec.N/AN/A1971
Mr. Thomas A. HassfurtherExec. VP of Corrugated ProductsN/AN/A1956
Mr. Charles J. CarterSr. VP of Containerboard Mill OperationsN/AN/A1960
Amounts are as of December 31, 2017 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.

Description

Packaging Corporation of America manufactures and sells containerboard and corrugated packaging products primarily in the United States. The company's Packaging segment offers various 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. It also produces 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. Its Paper segment manufactures and sells white papers comprising commodity and specialty papers with various features, such as colors, coatings, high brightness, and recycled content. The white papers also consist of communication papers, including cut-size office papers, and printing and converting papers; and pressure sensitive papers, such as release liners that are used to produce labels for use in consumer and commercially-packaged products. This segment sells white papers through the company's own sales personnel. 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 November 1, 2018 is 4. The pillar scores are Audit: 1; Board: 8; Shareholder Rights: 5; Compensation: 2.

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.