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Packaging Corporation of America (PKG)


NYSE - Nasdaq Real Time Price. Currency in USD
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109.48-0.98 (-0.89%)
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Packaging Corporation of America

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

SectorConsumer Goods
IndustryPackaging & Containers
Full Time Employees14,000

Key Executives

NameTitlePayExercisedAge
Mr. Mark W. KowlzanChairman and Chief Exec. Officer3.78MN/A61
Mr. Robert P. MundyChief Financial Officer and Sr. VP1.83MN/A55
Mr. Kent A. PfledererSr. VP, Gen. Counsel and Sec.1.1MN/A46
Mr. Thomas A. Hassfurther PCAExec. VP of Corrugated Products2.75MN/A61
Mr. Charles J. CarterSr. VP of Containerboard Mill Operations1.18MN/A57
Amounts are as of December 31, 2016 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. This segment also produces packaging for meat, fresh fruit and vegetables, processed food, beverages, and other industrial and consumer products. The company 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 company’s white papers 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. 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 July 1, 2017 is 1. The pillar scores are Audit: 1; Board: 4; Shareholder Rights: 1; 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.