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
| Date | Total Comp. | Salary | Company Earnings |
|---|---|---|---|
| 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$31m |
Compensation vs Market: Mike's total compensation ($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
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| President | 1.83yrs | US$6.61m | 0.036% $ 705.3k | |
| Chief Operations Officer | 1.33yrs | US$1.22m | 0.011% $ 211.2k | |
| President of Foodservice | 2.33yrs | US$2.71m | 0.025% $ 479.6k | |
| President of Food Merchandising | 2.33yrs | US$1.60m | 0.017% $ 324.6k | |
| Chief Financial officer | 0.67yr | no data | no data | |
| Senior Vice President of Engineering & Technology | 2yrs | no data | no data | |
| Chief Information Officer | 0.50yr | no data | no data | |
| Senior VP of Investor Relations & Strategy | 1.83yrs | no data | no data | |
| Chief Legal Officer & Corporate Secretary | 1.58yrs | no data | 0.013% $ 254.2k | |
| Chief People Officer & Communications Officer | 4yrs | no data | no data | |
| Vice President of Innovation & Marketing | 0.50yr | no data | no data | |
| Vice President of Sales & Food Merchandising | 0.50yr | no data | no 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
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| President | 2.33yrs | US$6.61m | 0.036% $ 705.3k | |
| Independent Director | no data | US$252.19k | 0.012% $ 235.2k | |
| Independent Director | no data | US$246.27k | 0.028% $ 538.6k | |
| Director | 3yrs | no data | 0.023% $ 453.3k | |
| Independent Chairman of the Board | 0.58yr | US$262.19k | 0.032% $ 622.1k | |
| Director | 0.58yr | no data | 0.095% $ 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.