Packaging Corporation of America (PKG)
NYSE: PKG · IEX Real-Time Price · USD
171.25
-2.67 (-1.54%)
At close: Apr 25, 2024, 4:00 PM
171.50
+0.25 (0.15%)
Pre-market: Apr 26, 2024, 7:20 AM EDT

Company Description

Packaging Corporation of America manufactures and sells containerboard and corrugated packaging products in the United States.

The company operates through three segments: Packaging, Paper, and Corporate and Other. The Packaging segment offers various containerboard and corrugated packaging products, such as conventional shipping containers used to protect and transport manufactured goods; multi-color boxes and displays that help to merchandise the packaged product in retail locations; and honeycomb protective packaging products, as well as packaging for meat, fresh fruit and vegetables, processed food, beverages, and other industrial and consumer products.

This segment sells its corrugated products through a direct sales and marketing organization, independent brokers, and distribution partners.

The Paper segment manufactures and sells commodity and specialty papers, as well as communication papers, including cut-size office papers, and printing and converting papers.

This segment sells white papers through its sales and marketing organization. The Corporate and Other segment includes corporate support staff services and related assets and liabilities; and transportation assets, such as rail cars and trucks for transportation.

Packaging Corporation of America was founded in 1867 and is headquartered in Lake Forest, Illinois.

Packaging Corporation of America
Packaging Corporation of America logo
Country United States
Founded 1867
IPO Date Jan 27, 2000
Industry Packaging & Containers
Sector Consumer Discretionary
Employees 14,900
CEO Mark W. Kowlzan

Contact Details

Address:
1955 W Field Ct
Lake Forest, Illinois 60045
United States
Phone (847) 482-3000
Website packagingcorp.com

Stock Details

Ticker Symbol PKG
Exchange NYSE
Fiscal Year January - December
Reporting Currency USD
CIK Code 0000075677
CUSIP Number 695156109
ISIN Number US6951561090
Employer ID 36-4277050
SIC Code 2650

Key Executives

Name Position
Mark W. Kowlzan Chairman of the Board and Chief Executive Officer
Robert P. Mundy Principal Accounting Officer, Executive Vice President and Chief Financial Officer
Thomas A. Hassfurther PCA Executive Vice President of Corrugated Products
Charles J. Carter Executive Vice President of Mill Operations
Donald Ray Shirley Senior Vice President of Corporate Engineering and Process Technology
Bruce A. Ridley Senior Vice President of Environmental Health, Safety and Operational Services
Robert Andrew Schneider Senior Vice President and Chief Information Officer
Kent A. Pflederer Senior Vice President, General Counsel and Corporate Secretary
Prafulla D'Souza Vice President of Marketing and Communications Corrugated Products
Jeffrey S. Kaser Senior Vice President of Corrugated Products

Latest SEC Filings

Date Type Title
Apr 23, 2024 8-K Current Report
Apr 3, 2024 DEFA14A Additional definitive proxy soliciting materials and Rule 14(a)(12) material
Mar 28, 2024 ARS Filing
Mar 28, 2024 DEFA14A Additional definitive proxy soliciting materials and Rule 14(a)(12) material
Mar 28, 2024 DEF 14A Other definitive proxy statements
Mar 6, 2024 144 Filing
Mar 4, 2024 144 Filing
Feb 29, 2024 10-K Annual Report
Feb 29, 2024 8-K Current Report
Feb 13, 2024 SC 13G/A [Amend] Statement of acquisition of beneficial ownership by individuals