Gordon L. Jones served as the CEO of Clearwater Paper Corporation from 2008 until his retirement at the end of 2012. He joined just before a significant corporate spin-off from Potlatch Corporation. Under his leadership, the company focused on aligning...
Gordon L. Jones served as the CEO of Clearwater Paper Corporation from 2008 until his retirement at the end of 2012. He joined just before a significant corporate spin-off from Potlatch Corporation. Under his leadership, the company focused on aligning executive compensation closely with performance, using metrics like EBITDA to drive results. In 2011, he earned approximately $1.5 million in total compensation, which included a hefty bonus tied to the company’s performance. Interestingly, in his final year as CEO, he reported over $14 million in stock holdings, reflecting a strong belief in the company's direction. Jones also made headlines for his various trades; in 2020 alone, he recorded several transactions totaling over $15 million, showcasing his active engagement with the company's stock. Despite stepping down from his role, he left behind a legacy rooted in smart financial strategies and a performance-driven culture. His career highlights how good leadership not only drives a company forward but also aligns the interests of executives with shareholders. In his retirement, Jones continues to be a figure of interest for those studying corporate leadership and executive compensation.