Pactiv Evergreen Management
Management criteria checks 0/4
Pactiv Evergreen's CEO is Mike King, appointed in Mar 2021, has a tenure of 3.5 years. total yearly compensation is $10.56M, comprised of 11.8% salary and 88.2% bonuses, including company stock and options. directly owns 0.2% of the company’s shares, worth $5.06M. The average tenure of the management team and the board of directors is 1.8 years and 1.8 years respectively.
Key information
Mike King
Chief executive officer
US$10.6m
Total compensation
CEO salary percentage | 11.8% |
CEO tenure | 3yrs |
CEO ownership | 0.2% |
Management average tenure | 1.8yrs |
Board average tenure | 1.8yrs |
Recent management updates
Recent updates
Pactiv Evergreen: Attractive FCF Yield Profile Once Cost Savings Program Ends
Mar 21Pactiv Evergreen Inc.'s (NASDAQ:PTVE) Share Price Not Quite Adding Up
Feb 22Pactiv Evergreen: Good Margin Growth Should Drive The Stock Price
Feb 01Is Pactiv Evergreen Inc. (NASDAQ:PTVE) Potentially Undervalued?
Jan 24Pactiv Evergreen Inc. (NASDAQ:PTVE) Shares Could Be 28% Below Their Intrinsic Value Estimate
Dec 02Pactiv Evergreen (NASDAQ:PTVE) Is Due To Pay A Dividend Of $0.10
Nov 05Pactiv Evergreen Inc.'s (NASDAQ:PTVE) 29% Share Price Surge Not Quite Adding Up
Nov 03Should You Think About Buying Pactiv Evergreen Inc. (NASDAQ:PTVE) Now?
Jul 18An Intrinsic Calculation For Pactiv Evergreen Inc. (NASDAQ:PTVE) Suggests It's 49% Undervalued
Jun 27Pactiv Evergreen (NASDAQ:PTVE) Is Paying Out A Dividend Of $0.10
Mar 10Is Pactiv Evergreen Inc. (NASDAQ:PTVE) Trading At A 44% Discount?
Feb 22At US$11.62, Is Pactiv Evergreen Inc. (NASDAQ:PTVE) Worth Looking At Closely?
Feb 03Pactiv Evergreen (NASDAQ:PTVE) Will Pay A Dividend Of $0.10
Nov 25Pactiv Evergreen (NASDAQ:PTVE) Has Announced A Dividend Of $0.10
Nov 11Pactiv Evergreen: Heavy Debt Load Increases Risks
Oct 20Is There Now An Opportunity In Pactiv Evergreen Inc. (NASDAQ:PTVE)?
Sep 20Pactiv Evergreen reports Q2 earnings; raises FY22 adjusted EBITDA guidance
Aug 03Pactiv Evergreen: Latest Divestment Is A Positive Step In The Strategic Turnaround
Jan 28Is There An Opportunity With Pactiv Evergreen Inc.'s (NASDAQ:PTVE) 28% Undervaluation?
Dec 17We Think Pactiv Evergreen's (NASDAQ:PTVE) Robust Earnings Are Conservative
Nov 11Pactiv Evergreen (NASDAQ:PTVE) Will Be Looking To Turn Around Its Returns
Oct 29Pactiv Evergreen: Disappointing Guidance Update Adds To The Uncertain Outlook
Oct 01Is Pactiv Evergreen Inc. (NASDAQ:PTVE) At Risk Of Cutting Its Dividend?
May 08Pactiv Evergreen declares $0.10 dividend
May 05A Look At The Intrinsic Value Of Pactiv Evergreen Inc. (NASDAQ:PTVE)
Apr 02CEO Compensation Analysis
Date | Total Compensation | Salary | Company Earnings |
---|---|---|---|
Dec 31 2023 | n/a | n/a | -US$228m |
Sep 30 2023 | n/a | n/a | -US$223m |
Jun 30 2023 | n/a | n/a | -US$75m |
Mar 31 2023 | n/a | n/a | US$137m |
Dec 31 2022 | US$11m | US$1m | US$315m |
Sep 30 2022 | n/a | n/a | US$323m |
Jun 30 2022 | n/a | n/a | US$150m |
Mar 31 2022 | n/a | n/a | US$86m |
Dec 31 2021 | US$7m | US$950k | US$31m |
Compensation vs Market: Mike's total compensation ($USD10.56M) is above average for companies of similar size in the US market ($USD6.35M).
Compensation vs Earnings: Mike's compensation has increased whilst the company is unprofitable.
CEO
Mike King (43 yo)
3yrs
Tenure
US$10,561,028
Compensation
Mr. Michael Jack King, also known as Mike, serves as Director at Pactiv Evergreen Inc. since September 2020 and also serves as its Chief Executive Officer and President since March 5, 2021. He had been Pre...
Leadership Team
Name | Position | Tenure | Compensation | Ownership |
---|---|---|---|---|
President | 3yrs | US$10.56m | 0.20% $ 5.1m | |
Chief Financial officer | 1.8yrs | US$4.10m | 0.029% $ 730.9k | |
Chief Operations Officer | 2.5yrs | US$2.15m | 0.043% $ 1.1m | |
President of Foodservice | 3.5yrs | US$3.84m | 0.078% $ 2.0m | |
President of Food & Beverage Merchandising | 3.5yrs | US$2.16m | 0.046% $ 1.2m | |
Chief Accounting Officer | less than a year | no data | no data | |
Chief Information Officer | 1.7yrs | no data | no data | |
Vice President of Strategy & Investor Relations | 1.2yrs | no data | no data | |
Chief Legal Officer & Corporate Secretary | 2.8yrs | no data | 0.041% $ 1.0m | |
Chief Counsel of Litigation & Compliance | no data | no data | no data | |
Senior Director of Communications | no data | no data | no data | |
Vice President of Sales & Food Merchandising | 1.7yrs | no data | no data |
1.8yrs
Average Tenure
48yo
Average Age
Experienced Management: PTVE's management team is not considered experienced ( 1.8 years average tenure), which suggests a new team.
Board Members
Name | Position | Tenure | Compensation | Ownership |
---|---|---|---|---|
President | 3.5yrs | US$10.56m | 0.20% $ 5.1m | |
Independent Director | no data | US$258.70k | 0.025% $ 623.9k | |
Independent Director | no data | US$258.70k | 0.036% $ 897.4k | |
Director | 4.2yrs | no data | 0.023% $ 588.6k | |
Independent Chairman of the Board | 1.8yrs | US$356.37k | 0.032% $ 819.7k | |
Independent Director | less than a year | no data | no data | |
Director | 1.8yrs | no data | 0.095% $ 2.4m |
1.8yrs
Average Tenure
56yo
Average Age
Experienced Board: PTVE's board of directors are not considered experienced ( 1.8 years average tenure), which suggests a new board.