People: Verso Paper Corp (VRS)
VRS on New York Consolidated
1.17USD
24 May 2013
1.17USD
24 May 2013
Price Change (% chg)
$-0.03 (-2.50%)
$-0.03 (-2.50%)
Prev Close
$1.20
$1.20
Open
$1.22
$1.22
Day's High
$1.25
$1.25
Day's Low
$1.13
$1.13
Volume
58,723
58,723
Avg. Vol
38,206
38,206
52-wk High
$2.38
$2.38
52-wk Low
$0.98
$0.98
Summary
| Name | Age | Since | Current Position |
|---|---|---|---|
Scott Kleinman |
40 | 2006 | Chairman of the Board |
David Paterson |
57 | 2012 | President, Chief Executive Officer, Director |
Robert Mundy |
50 | 2006 | Chief Financial Officer, Senior Vice President |
Peter Kesser |
54 | 2012 | Senior Vice President, General Counsel, Secretary |
Michael Weinhold |
47 | 2011 | Senior Vice President - Sales, Marketing and Product Development |
Lyle Fellows |
55 | 2009 | Senior Vice President - Manufacturing and Energy |
Benjamin Hinchman |
64 | 2006 | Vice President, Chief Information Officer |
Kenneth Sawyer |
56 | 2011 | Vice President - Human Resources |
Eric Press |
47 | 2009 | Director |
David Sambur |
32 | 2008 | Director |
Jordan Zaken |
38 | 2006 | Director |
Michael Ducey |
64 | 2007 | Independent Director |
Thomas Gutierrez |
63 | 2008 | Independent Director |
David Oskin |
70 | 2007 | Independent Director |
L. Puckett |
63 | 2006 | Independent Director |
Biographies
| Name | Description |
|---|---|
Scott Kleinman |
Mr. Scott M. Kleinman is Chairman of the Board of Verso Paper Corp., since August 2006. Mr. Kleinman is a partner of Apollo Management, L.P., or “Apollo,” where he has worked since 1996. Apollo Management, L.P., together with its affiliates, is a global alternative asset manager. Mr. Kleinman was employed as an analyst at Smith Barney Inc. in its Investment Banking division from 1994 to 1996. Mr. Kleinman has been a director and a member of the audit committee, compensation committee, and nominating and corporate governance committee of LyondellBasell Industries, N.V., a worldwide plastics, chemical and refining company, since 2010; a director of Realogy Corporation, a provider of residential real estate and relocation services, since 2007; and a director and member of the audit committee of Momentive Performance Materials Inc., a producer of silicone, quartz and ceramics materials, since 2010. He was a director and member of the executive committee, audit committee, compensation committee, and environmental, health and safety committee of Momentive Specialty Chemicals Inc., a producer of thermoset resins and other specialty chemicals, between 2004 and 2010. Momentive Performance Materials Inc. and Momentive Specialty Chemicals Inc. are subsidiaries of Momentive Performance Materials Holdings LLC. Mr. Kleinman was a director and member of the environmental, health and safety committee of Noranda Aluminum Holding Corporation, a producer of aluminum products, between 2007 and 2011. |
David Paterson |
Mr. David J. Paterson has been appointed as President, Chief Executive Officer, Director of Verso Paper Corp., effective May 14, 2012. He served as President and Chief Executive Officer and a director of AbitibiBowater Inc. (now doing business as Resolute Forest Products), a global producer of newsprint, coated and specialty papers, market pulp and wood products, from 2007 to 2011. He was Chairman, President and Chief Executive Officer of Bowater Incorporated during 2007 and President and Chief Executive Officer of Bowater Incorporated from 2006 to 2007. From 1987 to 2006, Mr. Paterson worked in various executive and sales and marketing positions for Georgia-Pacific Corporation, a global manufacturer of tissue, packaging, paper, building products and related chemicals, including most recently as Executive Vice President of the Building Products division from 2003 to 2006, Executive Vice President of the Pulp and Paperboard division from 2001 to 2003, President of the Paper and Bleached Board division in 2001, and Senior Vice President of the Communication Papers division from 2000 to 2001. |
Robert Mundy |
Mr. Robert P. Mundy is Chief Financial Officer, Senior Vice President of Verso Paper Corp., since August 2006. Mr. Mundy joined the company from International Paper Company where he worked from 1983 to 2006. At International Paper Company, he was Director of Finance of the Coated and Supercalendered Papers Division from 2002 to 2006, Director of Finance Projects from 2001 to 2002, Controller of Masonite Corporation from 1999 to 2001, and Controller of the Petroleum and Minerals business from 1996 to 1999. Prior to that, he was responsible for other business functions including company-wide SAP implementation, corporate internal audit, and manufacturing and operational finance at three pulp and paper mills. |
Peter Kesser |
Mr. Peter H. Kesser is Senior Vice President, General Counsel, Secretary of Verso Paper Corp. He was the company Vice President, General Counsel and Secretary from December 2006 to February 2012. In such capacity, he functions as the principal legal and compliance officer of Verso. During his legal career, Mr. Kesser has concentrated his practice in the areas of corporate, securities, mergers and acquisitions, and commercial law while working for law firms, and he has had oversight responsibility for a wide variety of additional legal matters (including antitrust, compliance, employee benefits, employment, energy, environmental, intellectual property, litigation and real estate) while working for public companies. Mr. Kesser was a shareholder with Baker Donelson Bearman Caldwell & Berkowitz PC from 1999 to 2006. He was Vice President, Assistant General Counsel and Assistant Secretary of Promus Hotel Corporation, a lodging company, from 1998 to 1999. Mr. Kesser was Vice President, General Counsel and Secretary of Arcadian Corporation, a nitrogen chemical producer, from 1993 to 1997. He was an attorney with Bracewell & Patterson LLP from 1983 to 1992. Mr. Kesser is the former Chair of the Business Law section of the Tennessee Bar Association. |
Michael Weinhold |
Mr. Michael A. Weinhold is Senior Vice President - Sales, Marketing and Product Development of Verso Paper Corp., since April 2011. He was the company Senior Vice President of Sales and Marketing from August 2006 to April 2011. He is responsible for the company sales, marketing, supply chain, customer technical service, e-commerce, product development, product management and Nextier Solutionssm functions. From 2000 to 2006, he held various sales, marketing and management positions for the Coated and Supercalendered Papers Division of International Paper Company, including serving as Business Manager from 2004 to 2006, Business Manager of Sales and Marketing from 2003 to 2004, and Director of Marketing and Product Development from 2001 to 2003. He also held similar positions at Champion International Corporation from 1994 until it was acquired by International Paper Company in 2000. |
Lyle Fellows |
Mr. Lyle J. Fellows is Senior Vice President - Manufacturing and Energy of Verso Paper Corp., since December 2009. He was the company Senior Vice President of Manufacturing from August 2006 to December 2009. Before joining the company, Mr. Fellows worked for International Paper Company from 1981 to 2006, where he was Vice President of Manufacturing for the Coated and Supercalendered Papers Division from 2003 to 2006. Prior to that, he was manager of the pulp and paper mills in Courtland, Alabama, from 2001 to 2003, and in Saillat, France, from 2000 to 2001, Manufacturing Director of the Arizona Chemical business in Europe from 1998 to 1999, and Technical Director of the White Papers business in Europe from 1994 to 1997. He also served in various manufacturing positions at the pulp and paper mill in Pine Bluff, Arkansas, from 1981 to 1994. |
Benjamin Hinchman |
Mr. Benjamin Hinchman IV, is Vice President, Chief Information Officer of Verso Paper Corp., since August 2006. During his career in the information technology field, he has implemented and managed information systems supporting manufacturing, quality control, research and development, sales, order fulfillment, distribution, warehousing, finance and e-commerce. Before joining the company, Mr. Hinchman worked at International Paper Company from 1999 to 2006, where he was Director of Information Technology of the Coated and Supercalendered Papers Division in 2006, Director of Information Technology of the xpedx business from 2002 to 2006, and Director of Strategic Technologies from 1999 to 2001. Mr. Hinchman worked for Union Camp Corporation as Director of Information Services for the Fine Papers Division from 1995 until its acquisition by International Paper Company in 1999. He previously worked in various other businesses, holding positions of increasing responsibility in information technology. |
Kenneth Sawyer |
Mr. Kenneth D. Sawyer is Vice President - Human Resources of Verso Paper Corp., since January 2011. He joined the company from AbitibiBowater, Inc. (now doing business as Resolute Forest Products), a global producer of pulp, paper and wood products, where he was Director of Human Resources for all United States operations from 2009 to 2010, and Director of Human Resources for the Commercial Printing Papers Division in the United States, Canada and South Korea from 2007 to 2009. Mr. Sawyer worked at Bowater Incorporated, a manufacturer of pulp, paper and wood products, where he was Director of Process Improvement and Organization Effectiveness from 2006 to 2007, and Director of Human Resources of the Coated Papers Division from 1999 to 2006. Mr. Sawyer was Vice President of Human Resources of Dorsey Trailers, Inc., a transportation equipment manufacturer, from 1993 to 1999. |
Eric Press |
Mr. Eric L. Press is Director of Verso Paper Corp., since January 2009. He is a partner of Apollo Management, L.P., where he has worked since 1998 analyzing and overseeing Apollo’s investments in basic industries, financial services, lodging, leisure and entertainment companies. Apollo Management, L.P., together with its affiliates, is a global alternative asset manager. Mr. Press was an associate with the Wachtell, Lipton, Rosen & Katz law firm, specializing in mergers, acquisitions, restructurings and related financing transactions, from 1992 to 1998. Mr. Press was a consultant with The Boston Consulting Group from 1987 to 1989. Mr. Press has been a director of Apollo Commercial Real Estate Finance, Inc., a real estate investment trust, since 2009; a director of Caesars Entertainment Corporation, a gaming company, since 2008; a director and member of the executive committee and compensation committee of Noranda Aluminum Holding Corporation, a producer of aluminum products, since 2007; a director and member of the compensation committee of Affinion Group, Inc., a provider of marketing products and services, since 2006; and a director and member of the compensation committee of Metals USA, Inc., a metal service center and processor of metal components, since 2005. He was a director of Quality Distribution, Inc., a bulk tank truck network operator, from 2004 to 2008. |
David Sambur |
Mr. David B. Sambur is Director of Verso Paper Corp., since February 2008. Mr. Sambur is a principal of Apollo Management, L.P., where he has worked since 2004. Apollo Management, L.P., together with its affiliates, is a global alternative asset manager. Mr. Sambur was a member of the Leveraged Finance Group of Salomon Smith Barney Inc. from 2002 to 2004. Mr. Sambur has been a director of Caesars Entertainment Corporation, a gaming company, since 2010; a director and member of the audit committee and compensation committee of Momentive Performance Materials Inc., a producer of silicone, quartz and specialty ceramics materials, since 2010; and a director and member of the audit committee and compensation committee of Momentive Specialty Chemicals Inc., a producer of thermoset resins and other speciality chemicals, since 2010. Momentive Performance Materials Inc. and Momentive Specialty Chemicals Inc. are subsidiaries of Momentive Performance Materials Holdings LLC. |
Jordan Zaken |
Mr. Jordan C. Zaken is Director of Verso Paper Corp., since August 2006. He is a partner of Apollo Management, L.P., where he has worked since 1999. Apollo Management, L.P., together with its affiliates, is a global alternative asset manager. Mr. Zaken was employed by Goldman, Sachs & Co. in its Mergers and Acquisitions Department from 1997 to 1999. Mr. Zaken has been a director and Chairman of the compensation committee of Momentive Performance Materials Inc., a producer of silicone, quartz and specialty ceramics materials, since 2010; and a director of Momentive Specialty Chemicals Inc., a producer of thermoset resins and other specialty chemicals, since 2005, and a member since 2006 and Chairman since 2009 of its compensation committee. Momentive Performance Materials Inc. and Momentive Specialty Chemicals Inc. are subsidiaries of Momentive Performance Materials Holdings LLC. Mr. Zaken was a director of Parallel Petroleum Corp., an oil and gas producer, in 2009. |
Michael Ducey |
Mr. Michael E. Ducey is Independent Director of Verso Paper Corp., since March 2007. Mr. Ducey was President and Chief Executive Officer of Compass Minerals International, Inc., a producer of salt and specialty fertilizers, from 2002 to 2006, and he remains a consultant to Compass Minerals. From 1972 to 2002, he worked for Borden Chemical, Inc., a diversified chemical company. During his 30-year career with Borden Chemical, Mr. Ducey held various management, sales, marketing, planning and commercial development positions, including serving as President and Chief Executive Officer from 1999 to 2002 and Executive Vice President and Chief Operating Officer from 1997 to 1999. Mr. Ducey has been a director and a member of the audit and compliance committee of Apollo Global Management, LLC, a global alternative asset manager, since 2011; the lead director and a member of the audit committee and nominations and governance committee of HaloSource, Inc., a global producer of water purification and disinfecting technologies, since 2010; and a director, the non-executive chairman and a member of the audit committee of TPC Group Inc., a producer of hydrocarbon derivatives, since 2009. Mr. Ducey was a director and a member of the audit committee of Smurfit-Stone Container, Inc., a North American producer of corrugated containers, from 2010 to 2011; a director and a member of the compensation committee of UAP Holding Corp., the parent of United Agri Products, Inc., from 2006 to 2008; and a director and a member of the environmental, health and safety committee of Compass Minerals from 2002 to 2006. |
Thomas Gutierrez |
Mr. Thomas Gutierrez is Independent Director of Verso Paper Corp., since November 15, 2008. He has been President and Chief Executive Officer of GT Advanced Technologies Inc. (formerly named GT Solar International, Inc.), a global provider of specialized equipment, technology and services for the solar power industry, since 2009. Mr. Gutierrez was Chief Executive Officer of PhytoChem Pharmaceuticals, Inc., a development-stage pharmaceutical company, from its inception in January 2009 to November 2009. He was Chief Operating Officer of Pulse Engineering, Inc., a manufacturer of electronic components for telecommunications and power applications, from 1992 to 1994. Earlier in his career, Mr. Gutierrez held management, technical and engineering positions with Pitney Bowes Inc., Franklin Computer Corporation, Motorola, Inc., and Digital Equipment Corporation. Mr. Gutierrez has been a director of GT Advanced Technologies Inc. since 2009; and a director of PhytoChem Pharmaceuticals, Inc., since 2009. He was a director and a member of the governance committee of Veeco Instruments Inc., a producer of process equipment for LED, solar and data storage manufacturers, from 2010 to 2011; a director and a member of the audit committee, compensation committee, and nominating and corporate governance committee of Comverge, Inc., a provider of clean energy alternatives, from 2009 to 2010; and a director of Xerium Technologies Inc. from 2001 to 2008. |
David Oskin |
Mr. David William Oskin is Independent Director of Verso Paper Corp., since January 2007. Mr. Oskin has been President of Four Winds Ventures, LLC, a private investment company, since 2005; and was a consultant to the paper and finance industries in 2004. He previously worked for 29 years in the paper and forest products industries in various management, distribution, sales and marketing, quality management, human resources and other positions. Mr. Oskin spent most of his career with International Paper Company, where he worked initially from 1975 to 1991 and then again as an Executive Vice President from 1996 to 2003. From 1992 to 1995, he was Managing Director and Chief Executive Officer of Carter Holt Harvey Limited, a New Zealand based forest products company. Mr. Oskin has been a director of Rayonier Inc., an international forest products company, since 2009, a member of its governance and nominating committee and compensation and management development committee since 2010, and was a member of its audit committee from 2009 to 2010; a director, the Independent Director Chair and member of the audit committee and remuneration committee of Samling Global Limited, a timber and forest products concern, since 2005; a director of Pacific Millennium Corporation, a privately held packaging company, since 2003; and a director of Big Earth Publishing LLC, since 2003. He was a director and member of the executive committee and audit committee of Goodman Global Inc., a manufacturer of heating, ventilation and air conditioning products, from 2006 to 2008. Mr. Oskin also was Chair of the Board of Trustees of Widener University from 2001 to 2009 and currently is the Chair Emeritus. |
L. Puckett |
Mr. L.H. Puckett Jr., is Independent Director of Verso Paper Corp., since August 2006. He was Executive Vice President, Sales and Marketing, of National Envelope Corporation from January 2010 until September 2010, when substantially all of its assets were sold in connection with a bankruptcy petition that National Envelope Corporation voluntarily filed in June 2010 under Chapter 11 of the United States Bankruptcy Code. Mr. Puckett has worked in the paper industry in sales, marketing and management capacities. He worked at International Paper Company from 1999 to 2006, where he was Senior Vice President of the Coated and Supercalendered Papers Division from 2000 to 2006 and Vice President of the Commercial Printing and Imaging Papers businesses from 1999 to 2000. Mr. Puckett worked at Union Camp Corporation from 1974 until its acquisition by International Paper Company in 1999, where he was Senior Vice President of the Fine Papers business from 1998 to 1999. |
Basic Compensation
| Name | Fiscal Year Total |
|---|---|
Scott Kleinman |
-- |
David Paterson |
-- |
Robert Mundy |
972,376 |
Peter Kesser |
720,036 |
Michael Weinhold |
922,043 |
Lyle Fellows |
1,061,250 |
Benjamin Hinchman |
-- |
Kenneth Sawyer |
-- |
Eric Press |
-- |
David Sambur |
-- |
Jordan Zaken |
-- |
Michael Ducey |
-- |
Thomas Gutierrez |
-- |
David Oskin |
-- |
L. Puckett |
-- |
As Of 30 Dec 2011
Options Compensation
| Name | Options | Value |
|---|---|---|
Scott Kleinman |
0 | 0 |
David Paterson |
0 | 0 |
Robert Mundy |
0 | 0 |
Peter Kesser |
0 | 0 |
Michael Weinhold |
0 | 0 |
Lyle Fellows |
0 | 0 |
Benjamin Hinchman |
0 | 0 |
Kenneth Sawyer |
0 | 0 |
Eric Press |
0 | 0 |
David Sambur |
0 | 0 |
Jordan Zaken |
0 | 0 |
Michael Ducey |
0 | 0 |
Thomas Gutierrez |
0 | 0 |
David Oskin |
0 | 0 |
L. Puckett |
0 | 0 |
| Name | Shares Traded | Price |
|---|---|---|
SAWYER KENNETH D |
1,042 | $1.29 |
ZAKEN JORDAN C |
15,503 | $0.00 |
GUTIERREZ THOMAS |
15,503 | $0.00 |
FELLOWS LYLE J |
18,438 | $0.00 |
KLEINMAN SCOTT M |
15,503 | $0.00 |
DUCEY MICHAEL E |
15,503 | $0.00 |
HINCHMAN BENJAMIN IV |
6,800 | $0.00 |
KESSER PETER H |
16,260 | $0.00 |
PRESS ERIC L |
15,503 | $0.00 |
MUNDY ROBERT P |
16,685 | $0.00 |
SAMBUR DAVID B |
15,503 | $0.00 |
PUCKETT L H JR |
15,503 | $0.00 |
WEINHOLD MICHAEL A |
16,675 | $0.00 |
SAWYER KENNETH D |
11,816 | $0.00 |
OSKIN DAVID W |
15,503 | $0.00 |
PATERSON DAVID J |
35,000 | $0.00 |
SAWYER KENNETH D |
251 | $1.05 |
SAWYER KENNETH D |
1,633 | $1.09 |
KESSER PETER H |
20,000 | $1.08 |
FELLOWS LYLE J |
2,029 | $1.69 |
VERSO PAPER MANAGEMENT L P |
506 | $0.00 |
KESSER PETER H |
8,600 | $1.70 |
WEINHOLD MICHAEL A |
12,800 | $1.97 |
MUNDY ROBERT P |
13,700 | $1.86 |
WEINHOLD MICHAEL A |
6,000 | $1.64 |
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