Clearwater Paper Management
Management criteria checks 3/4
Clearwater Paper's CEO is Arsen Kitch, appointed in Apr 2020, has a tenure of 4.67 years. total yearly compensation is $5.29M, comprised of 17.8% salary and 82.2% bonuses, including company stock and options. directly owns 1.07% of the company’s shares, worth $5.38M. The average tenure of the management team and the board of directors is 5.4 years and 5.6 years respectively.
Key information
Arsen Kitch
Chief executive officer
US$5.3m
Total compensation
| CEO salary percentage | 17.8% |
| CEO tenure | 4.7yrs |
| CEO ownership | 1.1% |
| Management average tenure | 5.4yrs |
| Board average tenure | 5.6yrs |
Recent management updates
Recent updates
Positive Sentiment Still Eludes Clearwater Paper Corporation (NYSE:CLW) Following 35% Share Price Slump
Aug 21
Clearwater Paper: Not All Is Clear
Aug 11Clearwater Paper: An Impressive Transformation At A Solid Price
Jul 23Clearwater Paper: Margin Improvement And Growing Preference For Sustainable Packaging
May 24Clearwater Paper Corporation (NYSE:CLW) Held Back By Insufficient Growth Even After Shares Climb 29%
May 22These 4 Measures Indicate That Clearwater Paper (NYSE:CLW) Is Using Debt Reasonably Well
May 01Clearwater Paper: Bolt Moves
Mar 08Clearwater Paper: Moving To The Sidelines
Dec 30Clearwater Paper: Improved Balance Sheet But Headwinds In Paperboard
Nov 11Clearwater Paper: Set To Benefit From Industry Tailwinds
Oct 07Why Clearwater Paper Corporation (NYSE:CLW) Could Be Worth Watching
Aug 03Clearwater Paper: Buy The Shares For Capital Gains, Bonds For 7% Yield
Jul 14Is Clearwater Paper (NYSE:CLW) Using Too Much Debt?
Jun 09Why Clearwater Paper Corporation (NYSE:CLW) Could Be Worth Watching
Feb 10Clearwater Paper revises outlook amid higher maintenance costs
Dec 19Clearwater Paper GAAP EPS of $1.21, revenue of $539M beats by $9.33M
Oct 31If EPS Growth Is Important To You, Clearwater Paper (NYSE:CLW) Presents An Opportunity
Oct 22Clearwater Paper: Consumer Staple Stock At A Massive Discount
Oct 09Is Now The Time To Look At Buying Clearwater Paper Corporation (NYSE:CLW)?
Sep 27Clearwater Paper (NYSE:CLW) Has A Somewhat Strained Balance Sheet
Aug 04Clearwater Paper Corporation: Still Worth Serious Consideration
Aug 03Clearwater Paper (NYSE:CLW) Could Be At Risk Of Shrinking As A Company
Jun 14Clearwater Paper: Reiterating Our Neutral Rating
Apr 14Is Clearwater Paper (NYSE:CLW) A Risky Investment?
Apr 07What Does Clearwater Paper Corporation's (NYSE:CLW) Share Price Indicate?
Feb 17Clearwater Paper: Input Costs Not Priced In
Jan 27Why Clearwater Paper Corporation (NYSE:CLW) Could Be Worth Watching
Nov 07Here's What's Concerning About Clearwater Paper's (NYSE:CLW) Returns On Capital
Sep 30Clearwater Paper: Downside Too Large, Even With Enticing Valuation
Jun 21Clearwater Paper to permanently close Neenah, Wisconsin facility
Jun 01CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Sep 30 2024 | n/a | n/a | US$2m |
| Jun 30 2024 | n/a | n/a | US$28m |
| Mar 31 2024 | n/a | n/a | US$101m |
| Dec 31 2023 | US$5m | US$940k | US$108m |
| Sep 30 2023 | n/a | n/a | US$45m |
| Jun 30 2023 | n/a | n/a | US$51m |
| Mar 31 2023 | n/a | n/a | US$53m |
| Dec 31 2022 | US$5m | US$888k | US$46m |
| Sep 30 2022 | n/a | n/a | US$61m |
| Jun 30 2022 | n/a | n/a | US$43m |
| Mar 31 2022 | n/a | n/a | -US$24m |
| Dec 31 2021 | US$4m | US$813k | -US$28m |
| Sep 30 2021 | n/a | n/a | -US$15m |
| Jun 30 2021 | n/a | n/a | US$4m |
| Mar 31 2021 | n/a | n/a | US$79m |
| Dec 31 2020 | US$4m | US$668k | US$77m |
| Sep 30 2020 | n/a | n/a | US$57m |
| Jun 30 2020 | n/a | n/a | US$24m |
| Mar 31 2020 | n/a | n/a | US$900k |
| Dec 31 2019 | US$923k | US$337k | -US$6m |
| Sep 30 2019 | n/a | n/a | -US$195m |
| Jun 30 2019 | n/a | n/a | -US$150m |
| Mar 31 2019 | n/a | n/a | -US$143m |
| Dec 31 2018 | US$852k | US$324k | -US$144m |
Compensation vs Market: Arsen's total compensation ($USD5.29M) is above average for companies of similar size in the US market ($USD2.16M).
Compensation vs Earnings: Arsen's compensation has been consistent with company performance over the past year.
CEO
Arsen Kitch (42 yo)
4.7yrs
Tenure
US$5,288,096
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
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO, President & Director | 4.7yrs | US$5.29m | 1.07% $ 5.4m | |
| Senior VP & CFO | 1.3yrs | US$1.09m | no data | |
| Senior VP | 16yrs | US$1.61m | 0.39% $ 2.0m | |
| Senior Vice President of Human Resources | 9.8yrs | US$1.32m | 0.37% $ 1.8m | |
| Senior VP and GM of Pulp & Paperboard Division | 6.2yrs | US$1.28m | 0.31% $ 1.6m | |
| Vice President of Investor Relations | no data | no data | no data | |
| Senior Director of Corporate Communications | no data | no data | no data | |
| Senior VP & GM of Consumer Products Division | 2.9yrs | no data | 0.056% $ 281.2k |
5.4yrs
Average Tenure
53yo
Average Age
Experienced Management: CLW's management team is seasoned and experienced (5.4 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO, President & Director | 4.7yrs | US$5.29m | 1.07% $ 5.4m | |
| Independent Director | 11.9yrs | US$240.06k | no data | |
| Independent Director | 8.7yrs | US$235.06k | no data | |
| Independent Director | 5.6yrs | US$217.56k | no data | |
| Independent Chairman of the Board & Lead Independent Director | 8.7yrs | US$327.56k | no data | |
| Independent Director | 2.2yrs | US$217.56k | no data | |
| Independent Director | 5.6yrs | US$245.06k | no data | |
| Independent Director | 3.6yrs | US$217.56k | no data | |
| Independent Director | 4.6yrs | US$225.06k | 0.018% $ 91.1k |
5.6yrs
Average Tenure
64yo
Average Age
Experienced Board: CLW's board of directors are considered experienced (5.6 years average tenure).
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/30 03:31 |
| End of Day Share Price | 2024/12/30 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
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.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* 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 here.
Analysis Model and Snowflake
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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 .
Analyst Sources
Clearwater Paper Corporation is covered by 10 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.
| Analyst | Institution |
|---|---|
| Mark Wilde | BMO Capital Markets Equity Research |
| Roger Spitz | BofA Global Research |
| Steven Chercover | D.A. Davidson & Co. |