Clearwater Paper CEO Gordon Jones' 2009 pay jumps 354% to $3.8M

Clearwater Paper reports 2009 executive compensation

By ExecPay News

Published: March 29, 2010

Clearwater Paper reported fiscal year 2009 executive compensation information on March 29, 2010.
In 2009, six executives at Clearwater Paper received on average a compensation package of $1.8M, a 173% increase compared to previous year.
Average pay of disclosed executives at Clearwater Paper
Gordon L. Jones, Chief Executive Officer, received $3.8M in total, which increased by 354% compared to 2008. 40% of Jones' compensation, or $1.5M, was in non-equity incentive plan. Jones also received $138K of change in pension value and nonqualified deferred compensation earnings, $646K in salary, $1.4M in stock awards, as well as $98K in other compensation.
Linda K. Massman, Chief Financial Officer, received a compensation package of $1.6M, which increased by 619% compared to previous year. 38% of the compensation package, or $630K, was in non-equity incentive plan.
Harry D. Seamans, Former Vice President, Pulp and Paperboard, earned $1.6M in 2009, a 85% increase compared to previous year.
Robert P. DeVleming, Vice President, Consumer Products, received $1.6M in 2009, which increases by 71% compared to 2008.
Thomas H. Carter, Vice President, Human Resources, earned $1.1M in 2009.
Michael S. Gadd, General Counsel, received $997K in 2009, which increases by 135% compared to 2008.

Related executives

Gordon Jones

Clearwater Paper

Chief Executive Officer

Linda Massman

Clearwater Paper

Chief Executive Officer

Robert DeVleming

Clearwater Paper

Senior Vice President and President Consumer Products Division

Thomas Carter

Clearwater Paper

Vice President, Human Resources

Michael Gadd

Clearwater Paper

General Counsel

Harry Seamans

Clearwater Paper

Former Vice President, Pulp and Paperboard

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Source: SEC filing on March 29, 2010.