Packaging Corporation of America CEO Paul Stecko receives $4.7M in 2006

Packaging Corporation of America reports 2006 executive compensation

By ExecPay News

Published: April 11, 2007

Packaging Corporation of America reported fiscal year 2006 executive compensation information on April 11, 2007.

In 2006, six executives at Packaging Corporation of America received on average a compensation package of $1.8M.

Average pay of disclosed executives at Packaging Corporation of America

Paul T. Stecko, Chief Executive Officer, received $4.7M in total. 43% of Stecko's compensation, or $2M, was in non-equity incentive plan. Stecko also received $733K of change in pension value and nonqualified deferred compensation earnings, $328K in option awards, $845K in salary, $605K in stock awards, as well as $166K in other compensation.

William J. Sweeney, Executive Vice President Corrugated Products, received a compensation package of $1.6M. 31% of the compensation package, or $490K, was in non-equity incentive plan.

Richard B. West, Chief Financial Officer, earned $1.3M in 2006.

Mark W. Kowlzan, Senior Vice President, received $1.3M in 2006.

Containerboard Thomas A. Hassfurther, Senior Vice President Sales & Marketing, Corrugated Products, earned $1M in 2006.

Thomas A. Hassfurther, Senior Vice President Sales & Marketing, Corrugated Products, received $1M in 2006.