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.
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.