Packaging ( (PKG) ) has shared an update.
On February 26, 2025, Packaging Corporation of America announced significant management changes set to take effect on May 1, 2025. Robert P. Mundy will step down as Chief Financial Officer, transitioning to an advisory role until his retirement in March 2026, with Kent A. Pflederer succeeding him. Additionally, Thomas A. Hassfurther has been appointed President, and D. Ray Shirley will become Executive Vice President of Corrugated Products. These changes are expected to support PCA’s strategic growth and operational excellence, with Hassfurther leading strategic decisions and Shirley managing the corrugated products business.
More about Packaging
Packaging Corporation of America (PCA) is the third largest producer of containerboard and corrugated packaging products in the United States and a leading producer of uncoated freesheet paper in North America. The company operates eight paper mills and 86 corrugated products plants and related facilities.
YTD Price Performance: -6.43%
Average Trading Volume: 853,845
Technical Sentiment Consensus Rating: Sell
Current Market Cap: $18.93B
See more data about PKG stock on TipRanks’ Stock Analysis page.