Pactiv Evergreen Inc. (PEG.F)

13.70 +0.10 (+0.74%) At close: 08:13AM CEST

Pactiv Evergreen Inc.

1900 West Field Court
Lake Forest, IL 60045
United States
847 482 2000
https://pactivevergreen.com

Sector(s): Consumer Cyclical
Industry: Packaging & Containers
Full-time employees: 15,000

Key executives

Name	Title	Pay	Exercised	Year born
Mr. Michael Jack King	President, CEO & Director	4.18M	N/A	1980
Mr. Jonathan H. Baksht	Chief Financial officer	2.02M	N/A	1976
Mr. Douglas E. Owenby	Chief Operations Officer	1.28M	N/A	1960
Mr. Timothy A. Levenda	President of Foodservice	2.17M	N/A	1968
Mr. Eric A. Wulf	President of Food & Beverage Merchandising	1.31M	N/A	1982
Tommy Darby	Chief Accounting Officer	N/A	N/A	N/A
Mike Betz	Chief Information Officer	N/A	N/A	N/A
Curt Worthington	Vice President of Strategy & Investor Relations	N/A	N/A	N/A
Ms. Chandra J. Mitchell	Chief Legal Officer & Corporate Secretary	N/A	N/A	1974
Sandy Cobden	Chief Counsel of Litigation & Compliance	N/A	N/A	N/A

Amounts are as of 31 December 2022, and compensation values are for the last fiscal year ending on that date. Pay includes salary, bonuses, etc. Exercised is the value of options exercised during the fiscal year. Currency in EUR.

Description

Pactiv Evergreen Inc. manufactures and distributes fresh foodservice and food merchandising products, and fresh beverage cartons in the United States, rest of North America, and internationally. It operates in two segments, Foodservice, and Food and Beverage Merchandising. The Foodservice segment offers food containers; drinkware, such as hot and cold cups and lids; and tableware, service ware, and other products. The Food and Beverage Merchandising segment manufactures cartons for fresh refrigerated beverage products, including dairy, juice, and other specialty beverage; clear rigid-display containers, containers for prepared and ready-to-eat food, and trays for meat and poultry and egg cartons; fiber-based liquid packaging board; and supplies fresh carton systems comprises printed cartons, spouts, and filling machinery. It serves its products to full-service restaurants, quick service restaurants, foodservice distributors, supermarkets, grocery and healthy eating retailers, other food stores, food and beverage producers, and food packers and food processors. The company was formerly known as Reynolds Group Holdings Limited. The company was founded in 1880 and is headquartered in Lake Forest, Illinois. Pactiv Evergreen Inc. is a subsidiary of Packaging Finance Limited.

Corporate governance

Pactiv Evergreen Inc.’s ISS governance QualityScore as of 1 April 2024 is 5. The pillar scores are Audit: 6; Board: 7; Shareholder rights: 5; Compensation: 5.

Corporate governance scores courtesy of Institutional Shareholder Services (ISS). Scores indicate decile rank relative to index or region. A decile score of 1 indicates lower governance risk, while 10 indicates higher governance risk.