Duane Farrington - Packaging Corp Independent Director

PKG Stock  USD 245.30  1.20  0.49%   

Director

Mr. Duane C. Farrington serves as Independent Director of the Company. Mr. Farrington served as a director of PCA since August 2015. Mr. Farrington was employed by State Farm Mutual Automobile Insurance Company since 1980, serving as Senior Vice President for Sales and Operations in their midAtlantic operation from 2005 to 2008. He moved to their corporate headquarters in 2009 and was named Executive Vice President and Chief Administrative Officer in 2013. In his State Farm senior leadership role, he has overall responsibility for the organizations information technology, systems and business integration, information security, and innovation functions. Mr. Farrington earned the Chartered Property Casualty Underwriter designation in 1995. Mr. Farrington was chosen to serve on our board primarily because of his extensive experience with information technology and security, as well as his business experience gained from more than 35 years of service at State Farm. since 2015.
Age 61
Tenure 9 years
Address 1 North Field Court, Lake Forest, IL, United States, 60045
Phone847 482 3000
Webhttps://www.packagingcorp.com

Packaging Corp Management Efficiency

The company has Return on Asset of 0.0821 % which means that on every $100 spent on assets, it made $0.0821 of profit. This is way below average. In the same way, it shows a return on shareholders' equity (ROE) of 0.1897 %, implying that it generated $0.1897 on every 100 dollars invested. Packaging Corp's management efficiency ratios could be used to measure how well Packaging Corp manages its routine affairs as well as how well it operates its assets and liabilities. The current Return On Tangible Assets is estimated to decrease to 0.06. The current Return On Capital Employed is estimated to decrease to 0.10. At this time, Packaging Corp's Other Assets are most likely to increase significantly in the upcoming years. The Packaging Corp's current Net Tangible Assets is estimated to increase to about 3 B, while Non Current Assets Total are projected to decrease to roughly 3 B.
Packaging Corp of has 3.17 B in debt with debt to equity (D/E) ratio of 0.7, which is OK given its current industry classification. Packaging Corp has a current ratio of 3.01, demonstrating that it is liquid and is capable to disburse its financial commitments when the payables are due. Note however, debt could still be an excellent tool for Packaging to invest in growth at high rates of return.

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Packaging Corporation of America manufactures and sells containerboard and corrugated packaging products in the United States. Packaging Corporation of America was founded in 1867 and is headquartered in Lake Forest, Illinois. Packaging Corp operates under Packaging Containers classification in the United States and is traded on New York Stock Exchange. It employs 15200 people. Packaging Corp of (PKG) is traded on New York Stock Exchange in USA. It is located in 1 North Field Court, Lake Forest, IL, United States, 60045 and employs 14,900 people. Packaging Corp is listed under Paper & Plastic Packaging Products & Materials category by Fama And French industry classification.

Management Performance

Packaging Corp Leadership Team

Elected by the shareholders, the Packaging Corp's board of directors comprises two types of representatives: Packaging Corp inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Packaging. The board's role is to monitor Packaging Corp's management team and ensure that shareholders' interests are well served. Packaging Corp's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Packaging Corp's outside directors are responsible for providing unbiased perspectives on the board's policies.
James Woodrum, Independent Director
Duane Farrington, Independent Director
Bruce Ridley, Senior Vice President - Environmental Health and Safety and Operational Services
Prafulla DSouza, Vice Products
Roger Porter, Independent Director
Thomas PCA, Executive Products
D Shirley, Senior Vice President - Corporate Engineering and Process Technology
Charles Carter, Senior Vice President - Containerboard Mill Operations
Jeffrey Kaser, Senior Products
Donald Shirley, Senior Technology
Robert Schneider, Senior Vice President, Chief Information Officer
Donna Harman, Independent Director
Barb Sessions, IR Contact Officer
Mark Kowlzan, Chairman of the Board, Chief Executive Officer
Thomas Maurer, Independent Director
Thomas Hassfurther, Executive Vice President - Corrugated Products
Cheryl Beebe, Independent Director
Robert Lyons, Independent Director
Jeffery Kaser, VP Products
Robert Mundy, Chief Financial Officer, Executive Vice President
Darla Olivier, ESG Tax
Jeff Kaser, Senior Vice President - Corrugated Products
Samuel Mencoff, Presiding Independent Director
Pamela Barnes, Senior Vice President - Finance, Controller
Paul Stecko, Non-Executive Chairman of the Board
Thomas Souleles, Independent Director
Kent Pflederer, Senior Vice President, General Counsel, Secretary
Thomas Walton, Senior Vice President - Sales and Marketing, Corrugated Products

Packaging Stock Performance Indicators

The ability to make a profit is the ultimate goal of any investor. But to identify the right stock is not an easy task. Is Packaging Corp a good investment? Although profit is still the single most important financial element of any organization, multiple performance indicators can help investors identify the equity that they will appreciate over time.

Currently Active Assets on Macroaxis

When determining whether Packaging Corp is a strong investment it is important to analyze Packaging Corp's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Packaging Corp's future performance. For an informed investment choice regarding Packaging Stock, refer to the following important reports:
Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Packaging Corp of. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in industry.
You can also try the Pair Correlation module to compare performance and examine fundamental relationship between any two equity instruments.
Is Paper & Plastic Packaging Products & Materials space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Packaging Corp. If investors know Packaging will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Packaging Corp listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
0.3
Dividend Share
5
Earnings Share
8.57
Revenue Per Share
91.752
Quarterly Revenue Growth
0.127
The market value of Packaging Corp is measured differently than its book value, which is the value of Packaging that is recorded on the company's balance sheet. Investors also form their own opinion of Packaging Corp's value that differs from its market value or its book value, called intrinsic value, which is Packaging Corp's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Packaging Corp's market value can be influenced by many factors that don't directly affect Packaging Corp's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Packaging Corp's value and its price as these two are different measures arrived at by different means. Investors typically determine if Packaging Corp is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Packaging Corp's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.