PotlatchDeltic Management

Management criteria checks 3/4

PotlatchDeltic's CEO is Eric Cremers, appointed in Mar 2013, has a tenure of 11.08 years. total yearly compensation is $6.51M, comprised of 13.8% salary and 86.2% bonuses, including company stock and options. directly owns 0.23% of the company’s shares, worth €7.03M. The average tenure of the management team and the board of directors is 5.1 years and 8.5 years respectively.

Key information

Eric Cremers

Chief executive officer

US$6.5m

Total compensation

CEO salary percentage	13.8%
CEO tenure	11.1yrs
CEO ownership	0.2%
Management average tenure	5.1yrs
Board average tenure	8.5yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Eric Cremers's remuneration changed compared to PotlatchDeltic's earnings?
Date	Total Compensation	Salary	Company Earnings
Dec 31 2023	US$7m	US$900k	US$62m
Sep 30 2023	n/a	n/a	US$66m
Jun 30 2023	n/a	n/a	US$88m
Mar 31 2023	n/a	n/a	US$186m
Dec 31 2022	US$6m	US$896k	US$334m
Sep 30 2022	n/a	n/a	US$369m
Jun 30 2022	n/a	n/a	US$389m
Mar 31 2022	n/a	n/a	US$457m
Dec 31 2021	US$6m	US$866k	US$424m
Sep 30 2021	n/a	n/a	US$485m
Jun 30 2021	n/a	n/a	US$500m
Mar 31 2021	n/a	n/a	US$315m
Dec 31 2020	US$3m	US$614k	US$167m
Sep 30 2020	n/a	n/a	US$78m
Jun 30 2020	n/a	n/a	US$18m
Mar 31 2020	n/a	n/a	US$32m
Dec 31 2019	US$3m	US$596k	US$56m
Sep 30 2019	n/a	n/a	US$46m
Jun 30 2019	n/a	n/a	US$86m
Mar 31 2019	n/a	n/a	US$115m
Dec 31 2018	US$2m	US$577k	US$123m
Sep 30 2018	n/a	n/a	US$133m
Jun 30 2018	n/a	n/a	US$106m
Mar 31 2018	n/a	n/a	US$84m
Dec 31 2017	US$2m	US$560k	US$86m

Compensation vs Market: Eric's total compensation ($USD6.51M) is above average for companies of similar size in the German market ($USD2.47M).

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

CEO

Eric Cremers (59 yo)

11.1yrs

Tenure

US$6,508,953

Compensation

Mr. Eric J. Cremers has been the President of PotlatchDeltic Corporation (formerly, Potlatch Corporation) since March 1, 2013 and has been its Chief Executive Officer since January 1, 2021. He served as Ch...

Leadership Team

Name	Position	Tenure	Compensation	Ownership
Eric Cremers	President	11.1yrs	US$6.51m	0.23% $ 7.0m
Wayne Wasechek	VP & CFO	less than a year	US$1.04m	0.016% $ 492.3k
Michele Tyler	VP, General Counsel & Corporate Secretary	4.7yrs	US$1.22m	0.024% $ 726.5k
Darin Ball	Vice President of Timberlands	6.3yrs	US$1.37m	0.047% $ 1.4m
Glen Smith	Chief Accounting Officer	less than a year	no data	0.0069% $ 210.9k
Anna Torma	VP of Public Affairs & Chief ESG Officer	5.1yrs	no data	0.028% $ 845.6k
Robert Schwartz	Vice President of Human Resources	9.9yrs	no data	0.056% $ 1.7m

5.1yrs

Average Tenure

54yo

Average Age

Experienced Management: P4C's management team is seasoned and experienced (5.1 years average tenure).

Board Members

Name	Position	Tenure	Compensation	Ownership
Eric Cremers	President	11.1yrs	US$6.51m	0.23% $ 7.0m
Lawrence Peiros	Independent Lead Director	21.2yrs	US$244.00k	0.013% $ 403.0k
Michael Covey	Chairman of the Board	18.2yrs	US$761.20k	0.15% $ 4.5m
D. Leland	Independent Director	6.2yrs	US$239.50k	0.023% $ 715.7k
Lenore Sullivan	Independent Director	6.2yrs	US$234.50k	0.0097% $ 297.7k
William Driscoll	Independent Director	20.3yrs	US$212.50k	0.37% $ 11.2m
James DeCosmo	Independent Director	1.6yrs	US$25.38k	0.0060% $ 183.8k
Linda Breard	Independent Director	8.5yrs	US$244.50k	no data
Anne Alonzo	Independent Director	2.3yrs	US$220.30k	no data

8.5yrs

Average Tenure

64yo

Average Age

Experienced Board: P4C's board of directors are considered experienced (8.5 years average tenure).

PotlatchDeltic Management

Management criteria checks 3/4

Key information

Recent management updates

PotlatchDeltic Corporation, Annual General Meeting, May 06, 2024

PotlatchDeltic Corporation Appoints Wayne Wasechek as Chief Financial Officer

Chairman of the Board recently sold €2.1m worth of stock

Vice President of Human Resources recently sold €60k worth of stock

Insufficient new directors

Executive Chairman of the Board recently sold €3.1m worth of stock

Recent updates

PotlatchDeltic Corporation to Report Q1, 2024 Results on Apr 29, 2024

PotlatchDeltic Corporation, Annual General Meeting, May 06, 2024

Upcoming dividend of US$0.45 per share

Fourth quarter dividend of US$0.45 announced

PotlatchDeltic Declares Distribution on Common Stock, Payable on March 29, 2024

PotlatchDeltic Corporation to Report Q4, 2023 Results on Jan 29, 2024

Upcoming dividend of US$0.45 per share at 6.1% yield

PotlatchDeltic Corporation Declares Quarterly Distribution, Payable December 29, 2023

PotlatchDeltic Corporation to Report Q3, 2023 Results on Oct 30, 2023

Upcoming dividend of US$0.45 per share at 5.9% yield

PotlatchDeltic Corporation Appoints Wayne Wasechek as Chief Financial Officer

PotlatchDeltic Corporation Declares a Quarterly Distribution, Payable September 29, 2023

New major risk - Dividend sustainability

PotlatchDeltic Corporation to Report Q2, 2023 Results on Jul 31, 2023

Upcoming dividend of US$0.45 per share at 6.0% yield

PotlatchDeltic Corporation Declares Quarterly Distribution, Payable on June 30, 2023

Chairman of the Board recently sold €2.1m worth of stock

Upcoming dividend of US$0.45 per share at 6.0% yield

Vice President of Human Resources recently sold €60k worth of stock

PotlatchDeltic Corporation Declares Quarterly Distribution on Common Stock, Payable March 31, 2023

PotlatchDeltic Corporation to Report Q4, 2022 Results on Jan 30, 2023

Upcoming dividend of US$0.95 per share

PotlatchDeltic Corporation Declares Special Dividend on the Company's Common Stock, Payable December 30, 2022

PotlatchDeltic Corporation to Report Q3, 2022 Results on Oct 24, 2022

PotlatchDeltic Corporation (NasdaqGS:PCH) completed the acquisition of CatchMark Timber Trust, Inc. (NYSE:CTT) from a group of shareholders.

Upcoming dividend of US$0.44 per share

PotlatchDeltic Corporation (NasdaqGS:PCH) announces an Equity Buyback for $200 million worth of its shares.

PotlatchDeltic Corporation to Report Q2, 2022 Results on Jul 25, 2022

PotlatchDeltic Corporation (NasdaqGS:PCH) entered into a definitive agreement to acquire CatchMark Timber Trust, Inc. (NYSE:CTT) for approximately $630 million.

Upcoming dividend of US$0.44 per share

PotlatchDeltic Corporation Declares Quarterly Distribution, Payable on June 30, 2022

Insufficient new directors

PotlatchDeltic Corporation to Report Q1, 2022 Results on Apr 25, 2022

Executive Chairman of the Board recently sold €3.1m worth of stock

Upcoming dividend of US$0.44 per share

PotlatchDeltic Corporation Declares Quarterly Distribution on the Common Stock, Payable March 31, 2022

PotlatchDeltic Corporation (NasdaqGS:PCH) completed the acquisition of Loutre Land and Timber Co.

Upcoming dividend of US$4.00 per share

PotlatchDeltic Declares Special Dividend, Payable on December 31, 2021

Upcoming dividend of US$0.41 per share

PotlatchDeltic Corporation Declares Distribution on Common Stock, Payable on June 30, 2021

Executive Chairman of the Board recently sold €4.0m worth of stock

Revenue beats expectations

Executive Chairman recently sold €803k worth of stock

New 90-day high: €43.40

Revenue beats expectations

New 90-day high: €42.80

PotlatchDeltic Corporation to Report Q4, 2020 Results on Feb 01, 2021

New 90-day high: €40.80

PotlatchDeltic Corporation Announces Board Changes

The Conservation Fund completed the acquisition of 72,440 Acres of Forestland in Northern and Central Minnesota from PotlatchDeltic Corporation (NasdaqGS:PCH).

PotlatchDeltic Corporation Announces Resignation of Michael J. Covey as Chief Executive Officer, Effective December 31, 2020

Third-quarter earnings released: Revenue misses expectations

PotlatchDeltic Corporation to Report Q3, 2020 Results on Oct 26, 2020

New 90-day low: €32.60

New 90-day high - €37.20

New 90-day high - €35.20

PotlatchDeltic Corporation to Report Q2, 2020 Results on Jul 27, 2020

CEO Compensation Analysis

CEO

Tenure

Compensation

Leadership Team

Average Tenure

Average Age

Board Members

Average Tenure

Average Age