In 2010, Paul T. Stecko earned $2.83M in total compensation at Packaging Corp of America, including $936.48K salary and $1.50M bonus. Most recently acquired 616 shares in May 2024. Currently holds stock worth $17.80M. Has donated $64.85M in stock to charitable causes. Led Packaging Corp of America as CEO for 11 years.
Compensation History
Annual executive compensation data for Paul T. Stecko, including salary, bonuses, and stock awards.
Year
2010
Total Compensation
$2.83M
Salary
$936.48K
Bonus
$1.50M
Other
$384.98K
Salary
$936.48KBoard Justification
The compensation philosophy is based on pay-for-performance, aligning executive compensation with company performance and peer benchmarking.
Bonus
$1.50MBoard Justification
Mr. Stecko's bonus was prorated based on his service as Chief Executive Officer for the first half of the year and as Executive Chairman for the second half, with a total bonus of $1,504,000 for the year.
Other Compensation
$384.98KBoard Justification
Other compensation includes contributions to the deferred compensation plan, 401(k) contributions, and perquisites such as club memberships and financial planning assistance.
Restricted Stock
Board Justification
No stock vested in 2010 as the only stock award was a grant of 125,000 shares on July 1, 2010, which is subject to a three-year cliff vesting schedule.
Performance Metrics
The performance metrics include earnings per share targets and comparisons to industry competitors.
Paul T. Stecko
Ex-CEO of Packaging Corp of America
Education
Bachelor's degree in Metallurgical Engineering from the University of Pittsburgh
Field of Expertise
Technology & Engineering - Engineering
Sector of Economy
Consumer Cyclical
Born
December 25, 1943 - 81 years ago
CEO of Packaging Corp of America for
11 years 6 months (Jan 1999 - Jul 2010)
Previous Experience
Served as President and Chief Operating Officer of Tenneco Inc.
Other Packaging Corp of America CEOs
Holdings
Track Paul T. Stecko's stock holdings and portfolio value over time.
Total Stock Sold
$16.53M
$16.53M
398,203 PKG shares
What if they kept their stock?
If Paul T. Stecko didn't sell their stock, today they would have:
Extra PKG398,203 shares worth $78.36M.
This is 374% and $61.83M more than what they got when they sold the stock.
Charitable Transactions
329,514 shares
PKG
Recent Charitable Transactions
12,000 shares
PKG
Dec 31, 2020
Charity
10,500 shares
PKG
Dec 31, 2019
Charity
21,228 shares
PKG
Dec 31, 2018
Charity
95 shares
PKG
Dec 31, 2017
Charity
8,398 shares
PKG
May 16, 2017
Charity
7,190 shares
PKG
Jul 27, 2015
Charity
Insider Trading
Paul T. Stecko's recent stock transactions, purchases, and sales filed with the SEC.
616 shares
PKG
May 8, 2024
Received
$1.50M
PKG at $153.99/share
Oct 31, 2023
Sale
636 shares
PKG
May 2, 2023
Received
535 shares
PKG
May 17, 2022
Received
527 shares
PKG
May 4, 2021
Received
12,000 shares
PKG
Dec 31, 2020
Charity
749 shares
PKG
May 5, 2020
Received
10,500 shares
PKG
Dec 31, 2019
Charity
706 shares
PKG
May 7, 2019
Received
21,228 shares
PKG
Dec 31, 2018
Charity
Rivals
Compare Paul T. Stecko with competitor CEOs and industry peers.