Reynolds Consumer Products Inc. (REYN)

28.63 +0.38 (+1.35%) At close: 04:00PM EDT

Reynolds Consumer Products Inc.

1900 West Field Court
Lake Forest, IL 60045
United States
800 879 5067
https://www.reynoldsconsumerproducts.com

Sector(s): Consumer Cyclical
Industry: Packaging & Containers
Full Time Employees: 6,000

Key Executives

Name	Title	Pay	Exercised	Year Born
Mr. V. Lance Mitchell	CEO, President & Director	4.85M	N/A	1960
Mr. Scott E. Huckins	Chief Financial Officer	800k	N/A	1967
Ms. Rachel R. Bishop Ph.D.	President of Hefty Tableware	1.21M	N/A	1974
Ms. Judith Buckner	President of Reynolds Cooking & Baking	1.18M	N/A	1969
Ms. Lisa M. Smith	President of Hefty Waste & Storage	1.11M	N/A	1970
Mr. Chris Mayrhofer	Senior VP, Corporate Controller & Principal Accounting Officer	N/A	N/A	1976
Ms. Rita Fisher	Chief Information Officer & Executive VP of Supply Chain	N/A	N/A	1970
Mr. Stephen C. Estes	Chief Administrative Officer	814.25k	99.47k	1973
Mr. Mark David Swartzberg	Vice President of Investor Relations	N/A	N/A	1967
Mr. David Watson	Legal Counsel & Corporate Secretary	N/A	N/A	1959

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.

Description

Reynolds Consumer Products Inc. produces and sells products in cooking, waste and storage, and tableware product categories in the United States and internationally. It operates through four segments: Reynolds Cooking & Baking, Hefty Waste & Storage, Hefty Tableware, and Presto Products. The Reynolds Cooking & Baking segment produces aluminum foil, disposable aluminum pans, parchment paper, freezer paper, wax paper, butcher paper, plastic wrap, baking cups, oven bags, and slow cooker liners under the Reynolds Wrap, Reynolds KITCHENS, and EZ Foil brands in the United States, as well as under the ALCAN brand in Canada and under the Diamond brand internationally. The Hefty Waste & Storage segment offers trash bags under the Hefty Ultra Strong and Hefty Strong brands; and food storage bags under the Hefty and Baggies brands. This segment also provides a suite of products, including compostable bags, bags made from recycled materials, and the orange bags. The Hefty Tableware segment offers disposable and compostable plates, bowls, platters, cups, and cutlery under the Hefty brand. The Presto Products segment primarily sells store brand products in food storage bags, trash bags, reusable storage containers, and plastic wrap categories. It offers both branded and store brand products to grocery stores, mass merchants, warehouse clubs, discount chains, dollar stores, drug stores, home improvement stores, military outlets, and eCommerce retailers. The company was founded in 1947 and is headquartered in Lake Forest, Illinois. Reynolds Consumer Products Inc. operates as a subsidiary of Packaging Finance Limited.

Corporate Governance

Reynolds Consumer Products Inc.’s ISS Governance QualityScore as of April 1, 2024 is 7. The pillar scores are Audit: 7; Board: 9; Shareholder Rights: 6; Compensation: 4.

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.