Boise Cascade Management

Management criteria checks 2/4

Boise Cascade's CEO is Nate Jorgensen, appointed in Mar 2020, has a tenure of 4.67 years. total yearly compensation is $7.68M, comprised of 13.1% salary and 86.9% bonuses, including company stock and options. directly owns 0.32% of the company’s shares, worth €16.90M. The average tenure of the management team and the board of directors is 2.8 years and 10 years respectively.

Key information

Nate Jorgensen

Chief executive officer

US$7.7m

Total compensation

CEO salary percentage	13.1%
CEO tenure	4.7yrs
CEO ownership	0.3%
Management average tenure	2.8yrs
Board average tenure	10yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Nate Jorgensen's remuneration changed compared to Boise Cascade's earnings?
Date	Total Compensation	Salary	Company Earnings
Sep 30 2024	n/a	n/a	US$405m
Jun 30 2024	n/a	n/a	US$457m
Mar 31 2024	n/a	n/a	US$491m
Dec 31 2023	US$8m	US$1m	US$484m
Sep 30 2023	n/a	n/a	US$503m
Jun 30 2023	n/a	n/a	US$580m
Mar 31 2023	n/a	n/a	US$652m
Dec 31 2022	US$6m	US$937k	US$858m
Sep 30 2022	n/a	n/a	US$909m
Jun 30 2022	n/a	n/a	US$781m
Mar 31 2022	n/a	n/a	US$866m
Dec 31 2021	US$5m	US$859k	US$712m
Sep 30 2021	n/a	n/a	US$569m
Jun 30 2021	n/a	n/a	US$581m
Mar 31 2021	n/a	n/a	US$312m
Dec 31 2020	US$5m	US$810k	US$175m
Sep 30 2020	n/a	n/a	US$164m
Jun 30 2020	n/a	n/a	US$88m
Mar 31 2020	n/a	n/a	US$82m
Dec 31 2019	US$1m	US$467k	US$81m

Compensation vs Market: Nate's total compensation ($USD7.68M) is above average for companies of similar size in the German market ($USD3.58M).

Compensation vs Earnings: Nate's compensation has increased by more than 20% whilst company earnings have fallen more than 20% in the past year.

CEO

Nate Jorgensen (59 yo)

4.7yrs

Tenure

US$7,676,740

Compensation

Mr. Nathan R. Jorgensen, also known as Nate, serves as Independent Director of Idaho Power Company since May 18, 2023. He is Independent Director of IDACORP Inc. form May 18, 2023. He serves as Chief Execu...

Leadership Team

Name	Position	Tenure	Compensation	Ownership
Nathan Jorgensen	CEO & Director	4.7yrs	US$7.68m	0.32% € 16.9m
Kelly Hibbs	Senior VP	3.5yrs	US$2.48m	0.082% € 4.4m
Jill Twedt	Senior VP	7.3yrs	US$1.98m	0.092% € 4.9m
Jeffrey Strom	Executive Vice President of Building Materials Distribution	3.7yrs	US$2.39m	0.11% € 5.6m
Chris Forrey	Vice President of Finance & Investor Relations	less than a year	no data	no data
Angella Broesch	Senior VP of Human Resources	less than a year	no data	no data
Robert Johnson	Senior Vice President of Engineered Wood Products Sales & Marketing	2.8yrs	no data	no data
Chris Seymour	Senior Vice President of Manufacturing Operations - Wood Products	2.8yrs	no data	no data
Jim Wickham	Senior Vice President of Building Materials Distribution & Eastern Operations	1.1yrs	no data	no data
Troy Little	Executive Vice President of Wood Products	1.1yrs	no data	0.027% € 1.5m
Joanna Barney	Senior Vice President of Building Materials Distribution & Western Operations	1.1yrs	no data	no data

2.8yrs

Average Tenure

56yo

Average Age

Experienced Management: BC0's management team is considered experienced (2.8 years average tenure).

Board Members

Name	Position	Tenure	Compensation	Ownership
Nathan Jorgensen	CEO & Director	4.7yrs	US$7.68m	0.32% € 16.9m
Christopher McGowan	Independent Director	11.8yrs	US$241.40k	0.024% € 1.3m
Duane McDougall	Independent Director	11.8yrs	US$237.95k	0.045% € 2.4m
David Hannah	Independent Director	10yrs	US$228.74k	0.047% € 2.5m
Kristopher Matula	Independent Director	10.3yrs	US$253.57k	0.033% € 1.7m
Thomas Carlile	Independent Chairman	11.8yrs	US$361.26k	0.095% € 5.0m
Karen Gowland	Independent Director	10.8yrs	US$248.25k	0.037% € 2.0m
Steven Cooper	Independent Director	9.8yrs	US$238.10k	0.0090% € 476.2k
Amy Humphreys	Independent Director	2.5yrs	US$228.74k	0.0083% € 439.6k
Craig Dawson	Independent Director	2.5yrs	US$228.74k	0.0083% € 439.6k
Sue Taylor	Independent Director	5.1yrs	US$230.49k	0.017% € 916.3k

10.0yrs

Average Tenure

62yo

Average Age

Experienced Board: BC0's board of directors are seasoned and experienced ( 10 years average tenure).

Boise Cascade Management

Management criteria checks 2/4

Key information

Recent management updates

Insider recently sold €386k worth of stock

Boise Cascade Company Announces Management Changes

Boise Cascade Company, Annual General Meeting, May 02, 2024

Insider recently sold €1.4m worth of stock

Boise Cascade Company Announces Leadership Transitions

Boise Cascade Company Announces Retirement of Tom Hoffmann, Senior Vice President of Purchasing, Building Materials Distribution (Bmd) Division

Recent updates

New minor risk - Insider selling

Third quarter 2024 earnings released: EPS: US$2.34 (vs US$3.61 in 3Q 2023)

Second quarter dividend of US$0.21 announced

Boise Cascade Company Announces Quarterly Dividend, Payable on December 18, 2024

New minor risk - Share price stability

Upcoming dividend of US$5.21 per share

Second quarter 2024 earnings released: EPS: US$2.85 (vs US$3.69 in 2Q 2023)

First quarter dividend of US$5.21 announced

Boise Cascade Company Announces Special Dividend, Payable on September 16, 2024

Investor sentiment improves as stock rises 19%

Now 22% overvalued

Now 20% overvalued after recent price rise

Upcoming dividend of US$0.20 per share

Insider recently sold €386k worth of stock

First quarter 2024 earnings released: EPS: US$2.63 (vs US$2.44 in 1Q 2023)

Fourth quarter dividend of US$0.20 announced

Boise Cascade Company Announces Quarterly Dividend, Payable on June 17, 2024

Boise Cascade Company Announces Management Changes

Boise Cascade Company, Annual General Meeting, May 02, 2024

Investor sentiment improves as stock rises 18%

Insider recently sold €1.4m worth of stock

Boise Cascade Company Announces Leadership Transitions

Boise Cascade Company Announces Quarterly Dividend, Payable on March 15, 2024

Boise Cascade Company Announces Retirement of Tom Hoffmann, Senior Vice President of Purchasing, Building Materials Distribution (Bmd) Division

Boise Cascade Company Curtails Lumber Operations in Chapman, AL

Boise Cascade Company Moves Distribution Location to Modesto, CA

Third quarter 2023 earnings released: EPS: US$3.61 (vs US$5.55 in 3Q 2022)

Boise Cascade Company Announces Special Dividend, Payable on December 15, 2023

Independent Chairman recently sold €1.0m worth of stock

Boise Cascade Company has reached an agreement to acquire Brockway-Smith Company from a family for $172 million.

Upcoming dividend of US$0.20 per share at 4.4% yield

Second quarter 2023 earnings released: EPS: US$3.69 (vs US$5.52 in 2Q 2022)

Boise Cascade Company Announces Quarterly Dividend, Payable on September 15, 2023

Boise Cascade Company(NYSE:BCC) dropped from Russell 2000 Growth-Defensive Index

Upcoming dividend of US$3.15 per share at 6.1% yield

Boise Cascade Company Special Dividend, Payable on June 15, 2023

Boise Cascade Company Declares Quarterly Dividend, Payable on June 15, 2023

First quarter 2023 earnings released: EPS: US$2.44 (vs US$7.67 in 1Q 2022)

Insider recently sold €64k worth of stock

Executive Vice President recently sold €384k worth of stock

Full year 2022 earnings released: EPS: US$21.70 (vs US$18.07 in FY 2021)

Upcoming dividend of US$0.15 per share at 5.3% yield

Boise Cascade Company Announces Quarterly Dividend, Payable on March 15, 2023

Boise Cascade Company Announces Retirement of Rich Viola, Senior Vice President of Sales and Marketing, Building Materials Distribution Division, Effective March 1, 2023

Upcoming dividend of US$1.15 per share

Third quarter 2022 earnings released: EPS: US$5.55 (vs US$2.33 in 3Q 2021)

Boise Cascade Company Declares Special Dividend, Payable on December 15, 2022

Upcoming dividend of US$0.12 per share

Senior VP recently sold €216k worth of stock

Second quarter 2022 earnings released: EPS: US$5.52 (vs US$7.67 in 2Q 2021)

Boise Cascade Company Announces Quarterly Dividend, Payable on September 15, 2022

Now 20% undervalued after recent price drop

Investor sentiment deteriorated over the past week

Now 21% undervalued after recent price drop

Upcoming dividend of US$2.62 per share

First quarter 2022 earnings released: EPS: US$7.67 (vs US$3.79 in 1Q 2021)

Boise Cascade Company Announces Quarterly Dividend, Payable on June 15, 2022

Now 22% undervalued

Now 22% undervalued

Insider recently sold €332k worth of stock

Now 20% undervalued

Investor sentiment improved over the past week

Full year 2021 earnings: EPS in line with analyst expectations despite revenue beat

Boise Cascade Announces Executive Leadership Promotions

Boise Cascade Company Announces Quarterly Dividend, Payable on March 15, 2022

Investor sentiment improved over the past week

Now 21% undervalued

Upcoming dividend of US$3.12 per share

Investor sentiment improved over the past week