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AI English summary of an SEC filing — figures as filed

Packaging Corporation of America logoPackaging Corporation of America PKG

Packaging Corporation of America said Robert P. Mundy, Executive Vice President and Chief Financial Officer, will step down as CFO on May 1, 2025 and remain employed in an advisory role through his planned retirement date of March 1, 2026, receiving his current base salary until then.

8-KDeparture or Appointment of Directors or Certain OfficersFiled Period of report Summary published (UTC)

Key points

AI summary
  1. Packaging Corporation of America said Robert P. Mundy, Executive Vice President and Chief Financial Officer, will step down as CFO on May 1, 2025 and remain employed in an advisory role through his planned retirement date of March 1, 2026, receiving his current base salary until then.

  2. The company said Kent A. Pflederer, Senior Vice President, General Counsel and Secretary, age 54, will become Executive Vice President and Chief Financial Officer effective May 1, 2025, with an annual base salary of $750,000. The company also said no agreements were entered into with Mr. Pflederer in connection with his appointment.

  3. Thomas A. Hassfurther, Executive Vice President, Corrugated Products, has been named President of Packaging Corporation of America, the company said. He will continue to report to Chairman and CEO Mark W. Kowlzan, oversee strategic growth efforts and lead the corrugated products business.

  4. Packaging Corporation of America said it named D. Ray Shirley Executive Vice President, Corrugated Products. He will report to Tom Hassfurther, handle day-to-day management of the corrugated products business and continue to oversee the engineering and technology organization.

Summary

AI-written

Analysis scope · Filing body and confirmed press-release exhibitWe analyzed the filing body and confirmed exhibits. This is not a review of other exhibits, investor presentations or the full earnings call.

CFO Transition to Advisory Role

Packaging Corporation of America said Robert P. Mundy, Executive Vice President and Chief Financial Officer, will step down as CFO on May 1, 2025 and remain employed in an advisory role through his planned retirement date of March 1, 2026, receiving his current base salary until then.

Source · Based on the filing body and exhibits

Kent A. Pflederer Named Chief Financial Officer

The company said Kent A. Pflederer, Senior Vice President, General Counsel and Secretary, age 54, will become Executive Vice President and Chief Financial Officer effective May 1, 2025, with an annual base salary of $750,000. The company also said no agreements were entered into with Mr. Pflederer in connection with his appointment.

Source · Based on the filing body and exhibits

Thomas A. Hassfurther Named President

Thomas A. Hassfurther, Executive Vice President, Corrugated Products, has been named President of Packaging Corporation of America, the company said. He will continue to report to Chairman and CEO Mark W. Kowlzan, oversee strategic growth efforts and lead the corrugated products business.

Source · Based on the filing body and exhibits

D. Ray Shirley Named to Lead Corrugated Products

Packaging Corporation of America said it named D. Ray Shirley Executive Vice President, Corrugated Products. He will report to Tom Hassfurther, handle day-to-day management of the corrugated products business and continue to oversee the engineering and technology organization.

Source · Based on the filing body and exhibits

AI summarized the filing and translated the summary into English; it may differ from the original. For reference only, not investment advice. AI translated the published Korean report into English. Figures are copied as filed, not recalculated.

Original filing

The filing as submitted to SEC EDGAR. You can check the figures and statements of this summary against it.

Source: SEC EDGAR (U.S. Securities and Exchange Commission). Item captions are the SEC's. The summary is for reference only and is not investment advice.