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April 19, 2015 2:18 PM ET

Paper and Forest Products

Company Overview of Verso Corporation

Executive Profile

David J. Paterson

Chief Executive Officer, President and Director, Verso Corporation
AgeTotal Calculated CompensationThis person is connected to 4 Board Members in 4 different organizations across 6 different industries.

See Board Relationships
59$2,713,429
As of Fiscal Year 2014

Background

Mr. David J. Paterson, also known as Dave, has been the Chief Executive Officer and President of Verso Paper Corp. since joining in May 14, 2012. Mr. Paterson serves as Chief Executive Officer and President at Verso Paper Holdings, LLC. Mr. Paterson is expertise in the forestry industry and international business transactions. Mr. Paterson served as the President and Acting Chief Executive Officer of Bowater Canadian Forest Products Inc. Mr. Paterson served as the Chief ...

Corporate Headquarters

6775 Lenox Center Court
Memphis, Tennessee 38115

United States

Phone: 901-369-4100
Fax: 901-369-4174

Board Members Memberships

Director
Chief Executive Officer, President and Director
2006-N/A
Former Non-Executive Advisor and Director
2007-N/A
Former Chief Executive Officer
2012-Present
Director and Member of Compensation Committee
2012-Present
Chief Executive Officer, President and Director

Education

MBA 1978
University of Michigan
BS 1976
School of Industrial and Labor Relations, Cornell University

Other Affiliations

Annual Compensation

Salary$643,750
Bonus$644,000
Total Annual Compensation$1,287,750

Stocks Options

Restricted Stock Awards$58,984
All Other Compensation$218,870
Exercisable Options$454,998
Exercisable Options Value$813,363
Unexercisable Options$525,002
Unexercisable Options Value$597,637
Total Value of Options$1,411,000
Total Number of Options$980,000

Total Compensation

Total Annual Cash Compensation$2,034,495
Total Short Term Compensation$1,287,750
Other Long Term Compensation$277,854
Total Calculated Compensation$2,713,429
 

Stock Quotes

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Company Lookup

COMPETITOR COMPENSATION

NamePosition/
Company
Compensation
Dante C. Parrini Chairman, Chief Executive Officer, President and Member of Finance Committee
PH Glatfelter Co.
$912.3K
Michael C. Burandt Chairman of The Board and Chief Executive Officer
Wausau Paper Corp.
$358.9K
Frédéric P. Villoutreix Executive Chairman and Chief Executive Officer
Schweitzer-Mauduit International Inc.
$780.0K
John P. O'Donnell Chief Executive Officer, President and Director
Neenah Paper, Inc.
$625.0K
Linda K. Massman Chief Executive Officer, President and Director
Clearwater Paper Corporation
$762.5K
Compensation as of Fiscal Year 2014.

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