Clearwater Paper CEO Linda Massman's 2019 pay slips 5% to $3.9M
Clearwater Paper reports 2019 executive compensation
By ExecPay News
Published: April 2, 2020
Clearwater Paper reported fiscal year 2019 executive compensation information on April 2, 2020.
In 2019, six executives at Clearwater Paper received on average a compensation package of $1.5M, a 8% decrease compared to previous year.
Average pay of disclosed executives at Clearwater Paper
Linda K. Massman, Chief Executive Officer, received $3.9M in total, which decreased by 5% compared to 2018. 47% of Massman's compensation, or $1.8M, was in stock awards. Massman also received $92K of change in pension value and nonqualified deferred compensation earnings, $907K in non-equity incentive plan, $925K in salary, as well as $112K in other compensation.
For fiscal year 2019, the median employee pay was $77,573 at Clearwater Paper. Therefore, the ratio of Linda K. Massman's pay to the median employee pay was 50 to one.
Michael S. Gadd, General Counsel, received a compensation package of $1.2M, which increased by 13% compared to previous year. 37% of the compensation package, or $447K, was in salary.
John D. Hertz, Chief Financial Officer, earned $1.1M in 2019, a 19% decrease compared to previous year.
Kari G. Moyes, Senior Vice President, Human Resources, received $931K in 2019, which increases by 12% compared to 2018.
Robert G. Hrivnak, Chief Financial Officer, earned $926K in 2019.
Arsen S. Kitch, Senior Vice President, Gen'l Mgr, Consumer Products Division, received $923K in 2019, which increases by 8% compared to 2018.
Related executives
Linda Massman
Clearwater Paper
Chief Executive Officer
Robert Hrivnak
Clearwater Paper
Chief Financial 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, 2020.