Pactiv Evergreen Management

How experienced are the management team and are they aligned to shareholders interests?

1.7yrs

Average management tenure


CEO

Mike King (42 yo)

2.33yrs

Tenure

US$6,605,941

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...


CEO Compensation Analysis

How has Mike King's remuneration changed compared to Pactiv Evergreen's earnings?
DateTotal Comp.SalaryCompany Earnings
Sep 30 2022n/an/a

US$323m

Jun 30 2022n/an/a

US$150m

Mar 31 2022n/an/a

US$86m

Dec 31 2021US$7mUS$950k

US$31m

Compensation vs Market: Mike's total compensation ($USD6.61M) is about average for companies of similar size in the US market ($USD5.45M).

Compensation vs Earnings: Insufficient data to compare Mike's compensation with company performance.


Leadership Team

NamePositionTenureCompensationOwnership
Michael King
President1.83yrsUS$6.61m0.036%
$ 705.3k
Douglas Owenby
Chief Operations Officer1.33yrsUS$1.22m0.011%
$ 211.2k
Timothy Levenda
President of Foodservice2.33yrsUS$2.71m0.025%
$ 479.6k
Eric Wulf
President of Food Merchandising2.33yrsUS$1.60m0.017%
$ 324.6k
Jonathan Baksht
Chief Financial officer0.67yrno datano data
Mark Dutt
Senior Vice President of Engineering & Technology2yrsno datano data
Mike Betz
Chief Information Officer0.50yrno datano data
Dhaval Patel
Senior VP of Investor Relations & Strategy1.83yrsno datano data
Chandra Mitchell
Chief Legal Officer & Corporate Secretary1.58yrsno data0.013%
$ 254.2k
JD Bowlin
Chief People Officer & Communications Officer4yrsno datano data
Frank Petlak
Vice President of Innovation & Marketing0.50yrno datano data
Danny Phillips
Vice President of Sales & Food Merchandising0.50yrno datano data

1.7yrs

Average Tenure

46.5yo

Average Age

Experienced Management: PTVE's management team is not considered experienced ( 1.7 years average tenure), which suggests a new team.


Board Members

NamePositionTenureCompensationOwnership
Michael King
President2.33yrsUS$6.61m0.036%
$ 705.3k
Felicia Thornton
Independent Directorno dataUS$252.19k0.012%
$ 235.2k
Rolf Stangl
Independent Directorno dataUS$246.27k0.028%
$ 538.6k
Allen Hugli
Director3yrsno data0.023%
$ 453.3k
LeighAnne Baker
Independent Chairman of the Board0.58yrUS$262.19k0.032%
$ 622.1k
Duncan Hawkesby
Director0.58yrno data0.095%
$ 1.8m

1.5yrs

Average Tenure

54yo

Average Age

Experienced Board: PTVE's board of directors are not considered experienced ( 1.5 years average tenure), which suggests a new board.