People: Verso Paper Corp (VRS.N)

VRS.N on New York Stock Exchange

2.94USD
19 Dec 2014
Price Change (% chg)

$-0.10 (-3.29%)
Prev Close
$3.04
Open
$3.03
Day's High
$3.11
Day's Low
$2.94
Volume
81,825
Avg. Vol
16,229
52-wk High
$5.50
52-wk Low
$0.56

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Paterson, David 

Brief Biography

Mr. David J. Paterson has been appointed as President, Chief Executive Officer and Director of Verso Paper Corp., since May 14, 2012. He previously was President and Chief Executive Officer of AbitibiBowater Inc. (now doing business as Resolute Forest Products), a producer of pulp, paper and wood products, from 2007 to 2011. AbitibiBowater Inc. filed a voluntary Chapter 11 bankruptcy proceeding in 2009 from which it emerged in 2010. Mr. Paterson 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. He worked in various executive and sales and marketing positions for Georgia-Pacific Corporation, a manufacturer of tissue, packaging, paper, building products and related chemicals, from 1987 to 2006, serving 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. Mr. Paterson has been a director of KiOr, Inc., a next-generation renewable fuels company, since June 2012. He previously was a director of AbitibiBowater Inc. from 2007 to 2011 and a director of Bowater Incorporated from 2006 to 2007.

Basic Compensation

Total Annual Compensation, USD Long-Term Incentive Plans, USD All Other, USD Fiscal Year Total, USD
639,062 -- 786,511 1,470,720

Options Compensation

  Quantity Market Value
Exercisable -- --
Unexercisable -- --
Exercised -- --
Name Fiscal Year Total

Scott Kleinman

--

David Paterson

1,470,720

Robert Mundy

1,129,890

Peter Kesser

905,380

Michael Weinhold

1,055,810

Lyle Fellows

1,179,610
As Of 30 Dec 2013
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