Clearwater Paper Corporation

DB:5WC Stock Report

Market Cap: €411.4m

Clearwater Paper Management

Management criteria checks 3/4

Clearwater Paper's CEO is Arsen Kitch, appointed in Apr 2020, has a tenure of 4.58 years. total yearly compensation is $5.29M, comprised of 17.8% salary and 82.2% bonuses, including company stock and options. directly owns 1.07% of the company’s shares, worth €4.40M. The average tenure of the management team and the board of directors is 5.3 years and 5.5 years respectively.

Key information

Arsen Kitch

Chief executive officer

US$5.3m

Total compensation

CEO salary percentage17.8%
CEO tenure4.6yrs
CEO ownership1.1%
Management average tenure5.3yrs
Board average tenure5.5yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Arsen Kitch's remuneration changed compared to Clearwater Paper's earnings?
DateTotal CompensationSalaryCompany Earnings
Sep 30 2024n/an/a

US$2m

Jun 30 2024n/an/a

US$28m

Mar 31 2024n/an/a

US$101m

Dec 31 2023US$5mUS$940k

US$108m

Sep 30 2023n/an/a

US$45m

Jun 30 2023n/an/a

US$51m

Mar 31 2023n/an/a

US$53m

Dec 31 2022US$5mUS$888k

US$46m

Sep 30 2022n/an/a

US$61m

Jun 30 2022n/an/a

US$43m

Mar 31 2022n/an/a

-US$24m

Dec 31 2021US$4mUS$813k

-US$28m

Sep 30 2021n/an/a

-US$15m

Jun 30 2021n/an/a

US$4m

Mar 31 2021n/an/a

US$79m

Dec 31 2020US$4mUS$668k

US$77m

Sep 30 2020n/an/a

US$57m

Jun 30 2020n/an/a

US$24m

Mar 31 2020n/an/a

US$900k

Dec 31 2019US$923kUS$337k

-US$6m

Sep 30 2019n/an/a

-US$195m

Jun 30 2019n/an/a

-US$150m

Mar 31 2019n/an/a

-US$143m

Dec 31 2018US$852kUS$324k

-US$144m

Compensation vs Market: Arsen's total compensation ($USD5.29M) is above average for companies of similar size in the German market ($USD1.06M).

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

CEO

Arsen Kitch (42 yo)

4.6yrs

Tenure

US$5,288,096

Compensation

Mr. Arsen S. Kitch has been President, Chief Executive Officer and Director of Clearwater Paper Corporation since April 1, 2020. He served as Vice President, Finance and Vice President Financial Planning a...

Leadership Team

NamePositionTenureCompensationOwnership
Arsen Kitch
CEO, President & Director4.6yrsUS$5.29m1.07%
€ 4.4m
Sherri Baker
Senior VP & CFO1.3yrsUS$1.09mno data
Michael Gadd
Senior VP15.9yrsUS$1.61m0.39%
€ 1.6m
Kari Moyes
Senior Vice President of Human Resources9.8yrsUS$1.32m0.37%
€ 1.5m
Steven Bowden
Senior VP and GM of Pulp & Paperboard Division6.1yrsUS$1.28m0.31%
€ 1.3m
Robin Yim
Vice President of Investor Relationsno datano datano data
Shannon Myers
Senior Director of Corporate Communicationsno datano datano data
Michael Urlick
Senior VP & GM of Consumer Products Division2.8yrsno data0.056%
€ 229.9k

5.3yrs

Average Tenure

53yo

Average Age

Experienced Management: 5WC's management team is seasoned and experienced (5.3 years average tenure).

Board Members

NamePositionTenureCompensationOwnership
Arsen Kitch
CEO, President & Director4.6yrsUS$5.29m1.07%
€ 4.4m
Kevin Hunt
Independent Director11.8yrsUS$240.06kno data
John O'Donnell
Independent Director8.6yrsUS$235.06kno data
John Laymon
Independent Director5.5yrsUS$217.56kno data
Alexander Toeldte
Independent Chairman of the Board & Lead Independent Director8.6yrsUS$327.56kno data
Jeanne Hillman
Independent Director2.1yrsUS$217.56kno data
John Corkrean
Independent Director5.5yrsUS$245.06kno data
Christine Vickers Tucker
Independent Director3.5yrsUS$217.56kno data
Ann Nelson
Independent Director4.5yrsUS$225.06k0.018%
€ 74.5k

5.5yrs

Average Tenure

64yo

Average Age

Experienced Board: 5WC's board of directors are considered experienced (5.5 years average tenure).