Clearwater Paper CEO Linda Massman's 2018 pay slips 4% to $4M

Clearwater Paper reports 2018 executive compensation

By ExecPay News

Published: April 2, 2019

Clearwater Paper reported fiscal year 2018 executive compensation information on April 2, 2019.
In 2018, five executives at Clearwater Paper received on average a compensation package of $1.6M, a 8% decrease compared to previous year.
Average pay of disclosed executives at Clearwater Paper
Linda K. Massman, Chief Executive Officer, received $4M in total, which decreased by 4% compared to 2017. 41% of Massman's compensation, or $1.6M, was in stock awards. Massman also received $530K in non-equity incentive plan, $818K in option awards, $925K in salary, as well as $131K in other compensation.
For fiscal year 2018, the median employee pay was $77,379 at Clearwater Paper. Therefore, the ratio of Linda K. Massman's pay to the median employee pay was 52 to one.
John D. Hertz, Chief Financial Officer, received a compensation package of $1.3M, which decreased by 2% compared to previous year. 39% of the compensation package, or $512K, was in salary.
Michael S. Gadd, General Counsel, earned $1.1M in 2018, a 7% decrease compared to previous year.
Arsen S. Kitch, Senior Vice President, Gen'l Mgr, Consumer Products Division, received $852K in 2018.
Kari G. Moyes, Senior Vice President, Human Resources, earned $829K in 2018, which is about the same as previous year.

Related executives

Linda Massman

Clearwater Paper

Chief Executive Officer

John Hertz

Clearwater Paper

Chief Financial Officer

Arsen Kitch

Clearwater Paper

Chief Executive Officer

Michael Gadd

Clearwater Paper

General Counsel

Kari Moyes

Clearwater Paper

Senior Vice President, Human Resources

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Source: SEC filing on April 2, 2019.