WestRock Co CEO Steven Voorhees' 2020 pay slips 5% to $11M

WestRock Co reports 2020 executive compensation

By ExecPay News

Published: December 14, 2020

WestRock Co reported fiscal year 2020 executive compensation information on December 14, 2020.
In 2020, six executives at WestRock Co received on average a compensation package of $4.3M, a 10% decrease compared to previous year.
Average pay of disclosed executives at WestRock Co
Steven C. Voorhees, Chief Executive Officer, received $11M in total, which decreased by 5% compared to 2019. 86% of Voorhees' compensation, or $9.6M, was in stock awards. Voorhees also received $168K of change in pension value and nonqualified deferred compensation earnings, $1.1M in salary, as well as $213K in other compensation.
Jeffrey W. Chalovich, Chief Commercial Officer and President, Corrugated Packaging, received a compensation package of $3.1M, which increased by 3% compared to previous year. 76% of the compensation package, or $2.4M, was in stock awards.
Marc P. Shore, Former President, MPS, earned $3.1M in 2020, a 3% decrease compared to previous year.
James B. Porter III, President, Business Development and Latin America, received $3M in 2020, which decreases by 8% compared to 2019.
Ward H. Dickson, Chief Financial Officer, earned $3M in 2020, a 2% decrease compared to previous year.
Patrick E. Lindner, Chief Innovation Officer and President, Consumer Packaging, received $2.7M in 2020.
WestRock Co's fiscal year ends on September 30.

Related executives

Steven Voorhees

WestRock Co

Chief Executive Officer

Ward Dickson

WestRock Co

Chief Financial Officer

James Porter

WestRock Co

President, Business Development and Latin America

Jeffrey Chalovich

WestRock Co

Former Chief Commercial Officer and President, Corrugated Packaging

Patrick Lindner

WestRock Co

President, Commercial, lnnovation and Sustainability

Marc Shore

WestRock Co

Former President, MPS

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Source: SEC filing on December 14, 2020.