Packaging Corp of America (PKG) company profile
Close on Nov 11, 2026Market cap $22.54BP/E 31.2Yield 1.98%
About Packaging Corp of America
Paperboard Containers & Boxes, SIC 2650
Packaging Corporation of America operates primarily within the packaging and paper manufacturing sectors. Through its core business segments, packaging and paper, the company provides containerboard, corrugated packaging, and paper products to commercial, industrial, and consumer markets.
The company conducts business activities across domestic and foreign locations, utilizing facilities that include manufacturing and converting sites. Packaging Corporation of America maintains its executive headquarters and primary corporate operations within the United States.
Summary of the business section of Packaging Corp of America's latest annual report, written by StockData.
Company profile
Company
- Legal name
- Packaging Corp of America
- Founded
- 1959
- Headquarters
- Lake Forest, IL
- Address
- 1 North Field Ct 60045
- Phone
- (847) 482-3000
- Website
- www.packagingcorp.com
- Employees
- 16,800, Dec 31, 2025
- Industry
- Paperboard Containers & Boxes
- Fiscal year ends
- December 31
- Auditor
- KPMG LLP, Chicago, Illinois
Stock & identifiers
- Ticker
- PKG
- Exchange
- NYSE
- IPO date
- Jan 28, 2000
- Shares outstanding
- 89M, Jul 31, 2026
- Public float
- $16.69B, Jun 30, 2025
- Filer category
- Large accelerated filer
- SEC CIK
- 75677
- CUSIP
- 695156109
- ISIN
- US6951561090
- FIGI
- BBG000BB8SW7
- Share class FIGI
- BBG001S5V741
- LEI
- 549300XZP8MFZFY8TJ84
- EIN
- 36-4277050
Executives and directors
Officers and directors who filed ownership reports (Forms 3, 4, 5) in the last two years
| Name | Position | Shares owned |
|---|---|---|
| Mark W. Kowlzan | Chairman & CEO, Director | 496,678 |
| Donald R. Shirley | Exec. VP | 25,611 |
| Thomas A. Hassfurther | President | 303,222 |
| Charles J. Carter | EVP-Mill Ops. | 60,046 |
| Kent A. Pflederer | EVP & CFO | 79,545 |
| Darla J. Olivier | SVP | 27,397 |
| Fabian Celestin Strauss | SVP Finance | 4,244 |
| Joseph Vaughn | SVP | 11,618 |
| Heidi L. Patton | SVP | 7,873 |
| Robert P. Mundy | EVP & CFO | 48,482 |
| Samuel M. Mencoff | Director | 345,720 |
| Donna A. Harman | Director | 5,179 |
| Robert C. Lyons | Director | 13,429 |
| Cheryl K. Beebe | Director | 15,104 |
| Thomas S. Souleles | Director | 11,202 |
| Roger B. Porter | Director | 22,604 |
| Karen E. Gowland | Director | 2,118 |
| Duane C. Farrington | Director | 7,243 |
| Paul T. Stecko | Director | 9,492 |
CEO pay and shareholder return
Pay versus performance table from the proxy statement
| Fiscal year | CEO total pay | CEO pay actually paid | Other executives (avg) | Value of $100 invested | Peer group |
|---|---|---|---|---|---|
| FY2025 | $16.99M | $12.97M | $5.30M | $174 | $114 |
| FY2024 | $15.67M | $37.77M | $5.75M | $185 | $120 |
| FY2023 | $15.23M | $26.36M | $5.64M | $130 | $114 |
| FY2022 | $12.23M | $14.19M | $5.04M | $99 | $97 |
| FY2021 | $12.52M | $8.94M | $4.66M | $102 | $122 |
| FY2020 | $10.44M | $17.54M | $4.03M | $127 | $119 |
“Actually paid” adjusts reported pay for changes in the value of equity awards. Shareholder return assumes $100 invested at the start of the measurement period, as disclosed by the company.
Executive compensation, fiscal 2025
Summary compensation table from the latest proxy statement
| Executive | Salary | Stock awards | Incentive pay | Other | Total | vs. prior year |
|---|---|---|---|---|---|---|
| Mark W. Kowlzan Chief Executive Officer | $1.54M | $11.48M | $3.10M | $868.04K | $16.99M | +8% |
| Thomas A. Hassfurther President | $1.21M | $7.92M | $2.11M | $934.35K | $12.18M | +11% |
| Charles J. Carter Executive Vice President— Mill Operations | $822.96K | $2.85M | $1.39M | $123.91K | $5.18M | +25% |
| Donald R. Shirley Executive Vice President, Corrugated Products | $736.60K | $1.88M | $1.01M | $420.63K | $4.04M | +31% |
| Kent A. Pflederer Executive Vice President and Chief Financial Officer | $712.13K | $1.88M | $1.01M | $107.23K | $3.70M | +31% |
| Robert P. Mundy Retired Executive Vice President and Chief Financial Officer | $822.96K | – | $460.03K | $122.16K | $1.41M | -71% |
Stock and option awards are grant-date fair values, not realized pay. “Other” includes pension value changes and all other compensation. Source proxy statement.
Employees
Headcount reported in annual reports
Corporate history
Events identified from SEC filings
| Date | Event | Details |
|---|---|---|
| Mar 5, 2014 | Auditor change | Change in certifying accountant (8-K Item 4.01) |
| Nov 15, 2013 | Auditor change | Change in certifying accountant (8-K Item 4.01) |
| Oct 31, 2013 | Acquisition / sale | Completion of acquisition or disposition of assets (8-K Item 2.01) |
| Sep 26, 2013 | Tender offer | Third-party tender offer for the company's shares |
| Oct 3, 2003 | Merger | Registration of securities for a merger or exchange offer (S-4) |
| Jan 28, 2000 | IPO | Initial public offering priced (424B4 prospectus) |
| Oct 15, 1999 | Listing | Registration of securities on an exchange (Form 8-A) |
| May 28, 1999 | Merger | Registration of securities for a merger or exchange offer (S-4) |
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