Clearwater Paper Corporation

DB:5WC Stock Report

Market Cap: €364.6m

Clearwater Paper Management

Management criteria checks 2/4

Clearwater Paper's CEO is Arsen Kitch, appointed in Apr 2020, has a tenure of 5.08 years. total yearly compensation is $5.97M, comprised of 16.6% salary and 83.4% bonuses, including company stock and options. directly owns 1.52% of the company’s shares, worth €5.53M. The average tenure of the management team and the board of directors is 3.3 years and 6 years respectively.

Key information

Arsen Kitch

Chief executive officer

US$6.0m

Total compensation

CEO salary percentage16.6%
CEO tenure5.1yrs
CEO ownership1.5%
Management average tenure3.3yrs
Board average tenure6yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Arsen Kitch's remuneration changed compared to Clearwater Paper's earnings?
DateTotal CompensationSalaryCompany Earnings
Mar 31 2025n/an/a

-US$78m

Dec 31 2024US$6mUS$990k

-US$74m

Sep 30 2024n/an/a

US$2m

Jun 30 2024n/an/a

US$28m

Mar 31 2024n/an/a

US$23m

Dec 31 2023US$5mUS$940k

US$49m

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$53m

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 ($USD5.97M) is above average for companies of similar size in the German market ($USD989.31K).

Compensation vs Earnings: Arsen's compensation has increased whilst the company is unprofitable.

CEO

Arsen Kitch (42 yo)

5.1yrs

Tenure

US$5,974,230

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 & Director5.1yrsUS$5.97m1.52%
€ 5.5m
Sherri Baker
Senior VP & CFO1.8yrsUS$1.66m0.0098%
€ 35.7k
Steven Bowden
Senior Vice President of Operationsless than a yearUS$1.31m0.41%
€ 1.5m
Michael Gadd
Senior VP16.4yrsUS$1.59m0.50%
€ 1.8m
Michael Urlick
Senior Vice President of Commercial3.3yrsUS$1.40m0.13%
€ 459.1k
Matthew Passarello
Senior Vice President of Supply Chain & Corporate Developmentless than a yearno datano data
Kari Moyes
Senior Vice President of Human Resources10.3yrsUS$1.32m0.44%
€ 1.6m
Marc Rome
Corporate Secretaryno datano datano data
Sloan Bohlen
Investor Relations Officerno datano datano data

3.3yrs

Average Tenure

50yo

Average Age

Experienced Management: 5WC's management team is considered experienced (3.3 years average tenure).

Board Members

NamePositionTenureCompensationOwnership
Arsen Kitch
CEO, President & Director5.1yrsUS$5.97m1.52%
€ 5.5m
Kevin Hunt
Independent Director12.3yrsUS$261.83kno data
John O'Donnell
Independent Director9.1yrsUS$256.83kno data
John Laymon
Independent Director6yrsUS$239.33kno data
Alexander Toeldte
Independent Chairman of the Board & Lead Independent Director9.1yrsUS$349.33kno data
Jeanne Hillman
Independent Director2.6yrsUS$239.33kno data
John Corkrean
Independent Director6yrsUS$266.83kno data
Christine Vickers Tucker
Independent Director4yrsUS$254.36kno data
Ann Nelson
Independent Director5yrsUS$246.83k0.018%
€ 67.3k

6.0yrs

Average Tenure

64yo

Average Age

Experienced Board: 5WC's board of directors are considered experienced (6 years average tenure).

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/05/07 00:14
End of Day Share Price 2025/05/07 00:00
Earnings2025/03/31
Annual Earnings2024/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

Clearwater Paper Corporation is covered by 9 analysts. 1 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Mark WildeBMO Capital Markets Equity Research
Roger SpitzBofA Global Research
Steven ChercoverD.A. Davidson & Co.