Graphic Packaging Holding Management

Management criteria checks 3/4

Graphic Packaging Holding's CEO is Mike Doss, appointed in Jan 2016, has a tenure of 8.33 years. total yearly compensation is $11.94M, comprised of 11% salary and 89% bonuses, including company stock and options. directly owns 0.72% of the company’s shares, worth €55.83M. The average tenure of the management team and the board of directors is 5.8 years and 8 years respectively.

Key information

Mike Doss

Chief executive officer

US$11.9m

Total compensation

CEO salary percentage	11.0%
CEO tenure	8.3yrs
CEO ownership	0.7%
Management average tenure	5.8yrs
Board average tenure	8yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Mike Doss's remuneration changed compared to Graphic Packaging Holding's earnings?
Date	Total Compensation	Salary	Company Earnings
Mar 31 2024	n/a	n/a	US$681m
Dec 31 2023	US$12m	US$1m	US$723m
Sep 30 2023	n/a	n/a	US$683m
Jun 30 2023	n/a	n/a	US$706m
Mar 31 2023	n/a	n/a	US$622m
Dec 31 2022	US$12m	US$1m	US$522m
Sep 30 2022	n/a	n/a	US$405m
Jun 30 2022	n/a	n/a	US$285m
Mar 31 2022	n/a	n/a	US$257m
Dec 31 2021	US$7m	US$1m	US$204m
Sep 30 2021	n/a	n/a	US$229m
Jun 30 2021	n/a	n/a	US$220m
Mar 31 2021	n/a	n/a	US$234m
Dec 31 2020	US$8m	US$1m	US$167m
Sep 30 2020	n/a	n/a	US$136m
Jun 30 2020	n/a	n/a	US$124m
Mar 31 2020	n/a	n/a	US$136m
Dec 31 2019	US$9m	US$1m	US$207m
Sep 30 2019	n/a	n/a	US$221m
Jun 30 2019	n/a	n/a	US$264m
Mar 31 2019	n/a	n/a	US$249m
Dec 31 2018	US$7m	US$1m	US$221m
Sep 30 2018	n/a	n/a	US$348m
Jun 30 2018	n/a	n/a	US$301m
Mar 31 2018	n/a	n/a	US$293m
Dec 31 2017	US$6m	US$927k	US$300m

Compensation vs Market: Mike's total compensation ($USD11.94M) is above average for companies of similar size in the German market ($USD3.35M).

Compensation vs Earnings: Mike's compensation has been consistent with company performance over the past year.

CEO

Mike Doss (57 yo)

8.3yrs

Tenure

US$11,937,503

Compensation

Mr. Michael P. Doss, also known as Mike, has been the Chief Executive Officer of Graphic Packaging Holding Company since January 1, 2016 and serves as its Director since May 20, 2015. He serves as Director...

Leadership Team

Name	Position	Tenure	Compensation	Ownership
Michael Doss	President	8.3yrs	US$11.94m	0.72% $ 55.8m
Stephen Scherger	Executive VP & CFO	9.3yrs	US$3.77m	0.17% $ 12.8m
Lauren Tashma	Executive VP	10.3yrs	US$2.61m	0.086% $ 6.7m
Joseph Yost	Executive VP & President of the International Business Unit	15.3yrs	US$3.18m	0.067% $ 5.2m
Maggie Bidlingmaier	Executive VP & President of the Americas Business Unit	2.3yrs	US$3.07m	no data
Charles Lischer	Senior VP & Chief Accounting Officer	no data	no data	0.020% $ 1.6m
Vishwanath Narendra	Senior VP & Chief Information Officer	no data	no data	no data
Melanie Skijus	Vice President of Investor Relations	5.3yrs	no data	no data
Jean-Francois Roche	Senior Vice President of Sales	2.3yrs	no data	0.000030% $ 2.3k
Elizabeth Spence	Executive Vice President of Human Resources	2.1yrs	no data	0.0014% $ 109.0k
Michael Farrell	Executive Vice President of Paperboard Manufacturing	6.3yrs	US$1.59m	0.035% $ 2.7m
Alex Ovshey	Head & VP of Finance at FP&A	4.8yrs	no data	no data

5.8yrs

Average Tenure

55.5yo

Average Age

Experienced Management: 4W8's management team is seasoned and experienced (5.8 years average tenure).

Board Members

Name	Position	Tenure	Compensation	Ownership
Michael Doss	President	9yrs	US$11.94m	0.72% $ 55.8m
Mary Brlas	Independent Director	5.3yrs	US$275.94k	0.013% $ 993.7k
Dean Scarborough	Independent Director	5.8yrs	US$275.94k	0.018% $ 1.4m
Robert Hagemann	Independent Director	10yrs	US$275.94k	0.043% $ 3.3m
Philip Martens	Independent Chairman	10.5yrs	US$425.94k	0.025% $ 2.0m
Mary Rhinehart	Independent Director	3.3yrs	US$275.94k	0.0070% $ 539.7k
Lynn Wentworth	Independent Director	14.5yrs	US$295.94k	0.034% $ 2.7m
Aziz Aghili	Independent Director	2.2yrs	US$275.94k	0.0043% $ 334.1k
Larry Venturelli	Independent Director	8yrs	US$300.94k	0.031% $ 2.4m

8.0yrs

Average Tenure

64yo

Average Age

Experienced Board: 4W8's board of directors are considered experienced (8 years average tenure).

Graphic Packaging Holding Management

Management criteria checks 3/4

Key information

Recent management updates

Graphic Packaging Holding Company, Annual General Meeting, May 23, 2024

Insider recently sold €702k worth of stock

Insufficient new directors

Insider recently sold €1.7m worth of stock

Executive VP & CFO recently sold €3.8m worth of stock

Graphic Packaging Holding Company Announces Retirement of Paul D. Carrico from the Board of Directors

Recent updates

New major risk - Financial position

First quarter 2024 earnings released: EPS: US$0.54 (vs US$0.67 in 1Q 2023)

Graphic Packaging Holding Company, Annual General Meeting, May 23, 2024

Graphic Packaging Holding Company to Report Q2, 2024 Results on Jul 30, 2024

Insider recently sold €702k worth of stock

Upcoming dividend of US$0.10 per share

Insufficient new directors

Insider recently sold €1.7m worth of stock

Fourth quarter dividend of US$0.10 announced

Full year 2023 earnings released: EPS: US$2.35 (vs US$1.69 in FY 2022)

Graphic Packaging Holding Company Declares Quarterly Dividend, Payable on April 5, 2024

Graphic Packaging Holding Company to Report Q1, 2024 Results on Apr 30, 2024

Upcoming dividend of US$0.10 per share at 1.7% yield

Graphic Packaging Holding Company Declares Quarterly Dividend, Payable on January 5, 2024

Graphic Packaging Holding Company Provides Earnings Guidance for the Full Year 2023

Third quarter 2023 earnings released: EPS: US$0.55 (vs US$0.63 in 3Q 2022)

Graphic Packaging Holding Company Permanently Decommissions the K3 Coated Recycled Paperboard Machine in Kalamazoo, Michigan

Upcoming dividend of US$0.10 per share at 1.8% yield

Graphic Packaging Holding Company (NYSE:GPK) entered into a definitive agreement to acquire Bell Incorporated.

Graphic Packaging Holding Company (NYSE:GPK) entered into a definitive agreement to acquire Bell Incorporated.

New major risk - Financial position

Second quarter 2023 earnings released: EPS: US$0.49 (vs US$0.21 in 2Q 2022)

Graphic Packaging Holding Company to Report Q3, 2023 Results on Oct 31, 2023

Upcoming dividend of US$0.10 per share at 1.5% yield

Graphic Packaging Holding Company Declares Quarterly Dividend, Payable on July 5, 2023

Executive VP & CFO recently sold €3.8m worth of stock

Graphic Packaging Holding Company Announces Retirement of Paul D. Carrico from the Board of Directors

First quarter 2023 earnings released: EPS: US$0.67 (vs US$0.35 in 1Q 2022)

Upcoming dividend of US$0.10 per share at 1.7% yield

Insider recently sold €1.4m worth of stock

Full year 2022 earnings released: EPS: US$1.69 (vs US$0.69 in FY 2021)

Graphic Packaging Holding Company to Report Q1, 2023 Results on Apr 25, 2023

Upcoming dividend of US$0.10 per share

Third quarter 2022 earnings released: EPS: US$0.63 (vs US$0.24 in 3Q 2021)

Graphic Packaging Holding Company to Report Q4, 2022 Results on Jan 31, 2023

Graphic Packaging Holding Company Announces Quarterly Dividend, Payable on January 5, 2023

Upcoming dividend of US$0.075 per share

Insider recently sold €293k worth of stock

Senior Vice President of Sales recently sold €1.0m worth of stock

Graphic Packaging Holding Company Declares Quarterly Dividend, Payable on October 5, 2022

Second quarter 2022 earnings released: EPS: US$0.21 (vs US$0.13 in 2Q 2021)

Graphic Packaging Holding Company to Report Q3, 2022 Results on Oct 25, 2022

Upcoming dividend of US$0.075 per share

Graphic Packaging Holding Company Declares Quarterly Dividend, Payable on July 5, 2022

Graphic Packaging Holding Company Declares Quarterly Dividend, Payable on July 5, 2022

First quarter 2022 earnings released: EPS: US$0.35 (vs US$0.20 in 1Q 2021)

Graphic Packaging Holding Company Appoints Elizabeth Spence as Executive Vice President, Human Resources

Graphic Packaging Holding Company, Annual General Meeting, May 24, 2022

Upcoming dividend of US$0.075 per share

Graphic Packaging Holding Company Announces Board Changes

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

Insufficient new directors

Upcoming dividend of US$0.075 per share

Third quarter 2021 earnings released: EPS US$0.24 (vs US$0.23 in 3Q 2020)

Upcoming dividend of US$0.075 per share

Second quarter 2021 earnings released: EPS US$0.13 (vs US$0.19 in 2Q 2020)

Graphic Packaging Launches OptiCycle Line of Non-PE Coated Foodservice Packaging

Upcoming dividend of US$0.075 per share

Graphic Packaging Holding Company Declares Quarterly Dividend, Payable on July 5, 2021

Graphic Packaging Holding Company (NYSE:GPK) completed the acquisition of Americraft Carton, Inc.

First quarter 2021 earnings released: EPS US$0.20 (vs US$0.044 loss in 1Q 2020)

Graphic Packaging Holding Company Appoints Mary K. Rhinehart to Board of Directors

Full year 2020 earnings released: EPS US$0.60 (vs US$0.70 in FY 2019)

Revenue beats expectations

New 90-day high: €14.70

Graphic Packaging Holding Company to Report Q1, 2021 Results on Apr 27, 2021

New 90-day high: €13.70

Upcoming Dividend of US$0.075 Per Share

New 90-day high: €12.60