Boise Cascade Company CEO Thomas Corrick's 2019 pay rises 2% to $3.9M
Boise Cascade Company reports 2019 executive compensation
By ExecPay News
Published: March 27, 2020
Boise Cascade Company reported fiscal year 2019 executive compensation information on March 27, 2020.
In 2019, five executives at Boise Cascade Company received on average a compensation package of $2.2M, a 3% decrease compared to previous year.
Thomas K. Corrick, Chief Executive Officer, received $3.9M in total, which increased by 2% compared to 2018. 45% of Corrick's compensation, or $1.8M, was in stock awards. Corrick also received $194K of change in pension value and nonqualified deferred compensation earnings, $923K in non-equity incentive plan, $896K in salary, as well as $144K in other compensation.
For fiscal year 2019, the median employee pay was $52,502 at Boise Cascade Company. Therefore, the ratio of Thomas K. Corrick's pay to the median employee pay was 75 to one.
Wayne M. Rancourt, Chief Financial Officer, received a compensation package of $2.8M, which increased by 77% compared to previous year. 36% of the compensation package, or $1M, was in stock awards.
Nick Stokes, EVP, Building Materials Distribution, earned $1.8M in 2019, a 24% increase compared to previous year.
Nate Jorgensen, Chief Operating Officer, received $1.4M in 2019.
Mike Brown, EVP, Wood Products, earned $1.2M in 2019.