Packaging Corporation of America (PKA.F)

170.00 -1.35 (-0.79%) At close: 09:55PM CEST

Packaging Corporation of America

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

Sector(s): Consumer Cyclical
Industry: Packaging & Containers
Full Time Employees: 14,900

Key Executives

Name	Title	Pay	Exercised	Year Born
Mr. Mark W. Kowlzan	Chairman of the Board & CEO	4.42M	N/A	1956
Mr. Robert P. Mundy	Principal Accounting Officer, EVP & CFO	2.16M	N/A	1962
Mr. Thomas A. Hassfurther PCA	Executive Vice President of Corrugated Products	3.22M	N/A	1956
Mr. Charles J. Carter	Executive Vice President of Mill Operations	1.9M	N/A	1960
Mr. Donald Ray Shirley	Senior VP of Corporate Engineering & Process Technology	1.33M	N/A	1972
Mr. Bruce A. Ridley	Senior VP of Environmental Health, Safety & Operational Services	N/A	N/A	1956
Mr. Kent A. Pflederer	Senior VP, General Counsel & Corporate Secretary	1.09M	N/A	1971
Prafulla D'Souza	Vice President of Marketing & Communications Corrugated Products	N/A	N/A	N/A
Mr. Jeffrey S. Kaser	Senior Vice President of Corrugated Products	N/A	N/A	1967
Ms. Darla J. Olivier	Senior VP of Tax, ESG & Government Affairs	N/A	N/A	1971

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 EUR.

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 June 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.