Edition:
India

Clearwater Paper Corp (CLW.N)

CLW.N on New York Stock Exchange

25.75USD
15 Aug 2018
Change (% chg)

-- (--)
Prev Close
$25.75
Open
--
Day's High
--
Day's Low
--
Volume
--
Avg. Vol
45,623
52-wk High
$50.55
52-wk Low
$21.65

Summary

Name Age Since Current Position

Beth Ford

54 2018 Chairman of the Board

Linda Massman

51 2013 President, Chief Executive Officer, Director

John Hertz

50 2012 Chief Financial Officer, Senior Vice President - Finance

Michael Gadd

52 2011 Senior Vice President, General Counsel, Corporate Secretary

Kari Moyes

49 2015 Senior Vice President - Human Resources

Richard Peach

54 2018 Director

Kevin Hunt

65 2013 Independent Director

William Larsson

72 2008 Independent Director

John O'Donnell

58 2016 Independent Director

Alexander Toeldte

57 2016 Independent Director

Biographies

Name Description

Beth Ford

Ms. Beth E. Ford is no longer Chairman of the Board of the Company, effective September 1, 2018. Ms. Ford, the chief operating officer for Land O'Lakes Businesses, has served on the Clearwater Paper board of directors since 2013. As chief operating officer, Ms. Ford oversees Land O'Lakes' multi-billion dollar U.S. businesses, which include Purina Animal Nutrition, Land O'Lakes Dairy, and Winfield United, which provides crop inputs and agriculture technology solutions. In her 30 years in business, Ms. Ford has held senior and line leadership positions in seven companies across six industries, including roles at International Flavors and Fragrances, Mobil Corporation, PepsiCo and Pepsi Bottling Company, and Hachette Book Group and Scholastic, Inc.

Linda Massman

Ms. Linda K. Massman is President and Chief Executive Officer, Director of the Company. Ms. Massman has served as President and CEO of Clearwater Paper since January 1, 2013, and served as President and COO from November 2011 to December 2012. Ms. Massman served as CFO and Senior Vice President, Finance from May 2011 to November 2011, and as CFO and Vice President, Finance from December 2008 to May 2011. From September 2008 to December 2008, Ms. Massman served as Vice President of Potlatch Corporation pending completion of the spin-off of Clearwater Paper Corporation. From May 2002 to August 2008, Ms. Massman was Group Vice President, Finance and Corporate Planning, for SUPERVALU Inc., a grocery retail company. Ms. Massman also serves as a director of Black Hills Corporation (NYSE: BKH), an energy company, and is a member of its Compensation Committee, as well as a director for TreeHouse Foods, Inc. (NYSE:THS) and is a member of its Audit Committee. In 2017, Ms. Massman was elected to the position of board chair for the American Forest & Paper Association (AF&PA), the national trade association of the forest products industry.

John Hertz

Mr. John D. Hertz is Chief Financial Officer, Senior Vice President - Finance of the Company. Mr. Hertz was the Vice President and Chief Financial Officer of Novellus Systems, Inc. From October 2007 to June 2010, he served as Novellus' Vice President of Corporate Finance and Principal Accounting Officer and as Vice President and Corporate Controller from June 2007 to October 2007. From 2000 to 2007, Mr. Hertz worked for Intel Corporation where he held a number of positions, including Central Finance Controller of the Digital Enterprise Group, Finance Controller of the Enterprise Platform Services Division and Accounting Policy Controller. Prior to that, Mr. Hertz was a Senior Manager with KPMG, LLP.

Michael Gadd

Mr. Michael S. Gadd is Senior Vice President, General Counsel, Corporate Secretary of the Company. He served as Vice President from December 2008 to May 2011. From March 2006 to December 2008, Mr. Gadd served as Associate General Counsel of Potlatch Corporation, and served as Corporate Secretary of Potlatch from July 2007 to December 2008. From January 2001 to January 2006, Mr. Gadd was an attorney with Perkins Coie, LLP in Portland, Oregon.

Kari Moyes

Ms. Kari G. Moyes is Senior Vice President - Human Resources of the Company. She served as Vice President, Labor Relations from July 2013 through January 2015. From November 2010 through June 2013, Ms. Moyes served as National Director of Human Resources for Nestlé, a food manufacturer. Prior to her tenure with Nestle, Ms. Moyes spent 10 years with Pepsico in various capacities.

Richard Peach

Mr. Richard D. Peach is Director of the company. He currently serves as the senior vice president, chief financial officer, and chief of corporate operations for Schnitzer Steel Industries, Inc. (NASDAQ: SCHN), a manufacturer of recycled metal and finished steel products. He began his career at Schnitzer Steel as deputy chief financial officer in March 2007 and became chief financial officer in December 2007. Mr. Peach has been appointed to the class of directors whose term of office will expire at the 2019 annual meeting, when it is expected he will be nominated for election to a three-year term. With these additions, Clearwater Paper’s board now consists of eight directors, seven of whom meet New York Stock Exchange standards for independence.

Kevin Hunt

Mr. Kevin J. Hunt is Independent Director of the Company. Mr. Hunt served as a consultant to ConAgra Foods, Inc., which acquired Ralcorp Holdings Inc. in January 2013. Mr. Hunt served as President, CEO and a Director of Ralcorp Holdings Inc., a producer of private-brand foods and food service products from January 2012 to January 2013. He served as Co-CEO and President of Ralcorp from 2003 until 2012 and as a director from 2004 until the company’s acquisition. Prior to that period, Mr. Hunt was Corporate Vice President and President of Bremner Food Group. Mr. Hunt served as an advisory director of Berkshire Partners, a private equity firm, from 2013 to 2015. He has served as a director of Vi Jon, a manufacturer of private label personal care products owned by Berkshire Partners, since 2012 and is a member of their Compensation Committee. Mr. Hunt has served as a director of Energizer Holdings, Inc. (NYSE: ENR), a manufacturer of primary batteries and portable lighting products, since its spin-off from Edgewell Personal Care Company in July 2015 and is a member of its Nominating and Compensation Committee.

William Larsson

Mr. William D. Larsson is Independent Director of the Company. Mr. Larsson served as Senior Vice President and CFO of Precision Castparts Corp., an industrial manufacturing company, from August 2000 until his retirement in December 2008. Mr. Larsson serves as a director and chairman of the Nominating and Corporate Governance Committee and is a member of the Audit Committee of Schnitzer Steel Industries, Inc. (NASDAQ: SCHN), a manufacturer of recycled metal products, and served as its lead director from 2008 to 2014.

John O'Donnell

Mr. John Patrick O'Donnell, Ph.D., is Independent Director of the Company. Mr. O’Donnell has served as President and CEO of Neenah Paper, Inc. (NYSE: NP), a global specialty materials company, since May 2011 and as a director since November 2010. He served as Neenah Paper’s COO from June 2010 to May 2011 and as President, Fine Paper from 2007 to June 2010. Mr. O’Donnell was employed by Georgia-Pacific Corporation from 1985 until 2007 and held increasingly senior management positions in the Consumer Products division where he served as President of the North American Retail Business from 2004 through 2007, and as President of the North American Commercial Tissue business from 2002 through 2004.

Alexander Toeldte

Mr. Alexander Toeldte is Chairman of the Board of the Company, effective September 1, 2018. Mr. Toeldte is Currently he serves as a director of Xerium Technologies, Inc. (NYSE:XRM), a global provider of industrial consumable products and services and is a member of their Compensation Committee and Governance Committee. Mr. Toeldte has served as the Chairman of Jitasa, Inc., a privately held provider of software and accounting services for non-profit organizations, since 2014 as well as chairman of Wevorce, a privately held software-as-a-service company since 2016. He has served as an operating director at Paine & Partners, LLC, a private equity firm, in 2015 and 2016. Mr. Toeldte served as President, CEO and a director of Boise Inc., a paper manufacturer, from February 2008 to 2013 and as its Executive Vice President, paper and packaging and newsprint segments from October 2005 to 2008. Mr. Toeldte’s previous experience includes serving as Executive Vice President of Fonterra Co-operative Group, a New Zealand based global dairy company, and CEO of Fonterra Enterprises. Mr. Toeldte served in various capacities with Fletcher Challenge Limited Group, a New Zealand based group with holdings in paper, forestry, building materials, and energy, including as CEO of Fletcher Challenge Building and Fletcher Challenge Paper as well as Group CFO. Mr. Toeldte served as a partner at McKinsey & Company in Toronto, Brussels, Montreal, and Stockholm, and as Chairman of the American Forest & Paper Association in 2012.

Basic Compensation

Name Fiscal Year Total

Beth Ford

--

Linda Massman

4,660,980

John Hertz

1,460,800

Michael Gadd

1,276,560

Kari Moyes

905,149

Richard Peach

--

Kevin Hunt

--

William Larsson

--

John O'Donnell

--

Alexander Toeldte

--
As Of  31 Dec 2016