Sundar PichaiSundar Pichai earned $164M in 2023

Arsen S. Kitch is the President and CEO of Clearwater Paper Corporation, starting his role in April 2020 after a series of positions within the company since 2013. Under his leadership, Clearwater Paper has focused on improving its financial strength,...

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Arsen S. Kitch

CEO of Clearwater Paper

Sector of Economy

Basic Materials

CEO of Clearwater Paper for

5 years 2 months (Apr 2020 - Present)

Previous Experience

Unknown

Rivals

Competitors/colleagues of Arsen S. Kitch

Holdings

See how much did Arsen S. Kitch make over time.

As CEO, Arsen S. Kitch has shown significant movements in insider trading, particularly between 2019 and 2022. His holdings fluctuated wildly, reaching a peak in November 2022 with a value of $5.06 million. In 2023, Kitch's holdings remained strong, with...

Mar 18, 2025

Insider Trading

See recent insider trades of Arsen S. Kitch.

CLW

$1.58M

CLW at $13.65/share

Feb 24, 2025

Received

CLW

$1.75M

CLW at $18.99/share

Feb 26, 2024

Received

CLW

$2.31M

CLW at $19.12/share

Feb 27, 2023

Received

CLW

$499.18K

CLW at $14.57/share

Mar 3, 2022

Received

CLW

$746.81K

CLW at $36.51/share

Mar 4, 2021

Received

CLW

$1.12M

CLW at $17.75/share

Apr 1, 2020

Received

CLW

$82.25K

CLW at $27.11/share

Mar 7, 2019

Received

CLW

$91.49K

CLW at $37.45/share

Mar 1, 2018

Received

Compensation History

See how much did Arsen S. Kitch make over time.

In 2023, Arsen S. Kitch earned a total compensation package of $5,288,096. This comprised a base salary of $940,385, a substantial performance-based cash bonus of $1,263,700, and additional benefits totaling $211,690. His compensation reflects a strong emphasis on performance, as the bonus is tied to the company's success metrics like Adjusted EBITDA. This performance-based pay approach aligns Kitch's interests with those of the shareholders. Notably, Kitch's compensation has seen significant increases year over year, signifying not only growth in his responsibilities but also improvements in Clearwater Paper's financial health under his leadership. His compensation structure focuses heavily on operational success and sustainability, a key theme in his tenure.

Year

2023

Total Compensation

$2.42M

Salary

$940.39K

Board Justification

The compensation philosophy aims to attract, retain, and motivate executives while aligning their interests with those of stockholders through performance-based compensation.

Bonus

$1.26M

Board Justification

Cash bonuses earned under the annual incentive plan for performance in 2023 were actually paid in 2024.

Other

$211.69K

Board Justification

Includes contributions to retirement plans and other benefits.

Restricted Stock

$0.00(0 N/A)

Board Justification

No stock was vested in 2023 as the focus is on cash compensation and performance-based incentives.

Performance Metrics

Compensation is linked to company performance metrics including Adjusted EBITDA and strategic objectives.

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