Fredric Corrigan - Clearwater Paper Independent Director

CLW
 Stock
  

USD 39.03  0.22  0.56%   

  Director
Mr. Fredric W. Corrigan serves as an Independent Director of Clearwater Paper Corporationration Mr. Corrigan served as CEO, President and a director of the Mosaic Company, a global crop nutrition company, from October 2004 until his retirement in 2007. Prior to that, Mr. Corrigan was Executive Vice President of Cargill, Incorporated, a producer and marketer of food, agricultural, financial and industrial products and services, from 1999 to 2004. Mr. Corrigan also serves as a director and the chair of the nuclear, environmental safety committee of Xcel Energy, a U.S. electricity and natural gas company, and served as its lead independent director from 2006 to 2013..
Age: 71  Director Since 2009      
509 344 5900  https://www.clearwaterpaper.com

Clearwater Paper Management Efficiency

Clearwater Paper has Return on Asset of 0.0533 % which means that on every $100 spent on asset, it made $0.0533 of profit. This is way below average. In the same way, it shows return on shareholders equity (ROE) of 0.1158 %, implying that it generated $0.1158 on every 100 dollars invested. Clearwater Paper management efficiency ratios could be used to measure how well the company manages its routine affairs as well as how well it operates its assets and liabilities. Clearwater Paper Return on Investment is fairly stable at the moment as compared to the past year. Clearwater Paper reported Return on Investment of 5.19 in 2021. Return on Sales is likely to climb to 0.07 in 2022, whereas Return on Average Assets are likely to drop (1.65)  in 2022. Clearwater Paper Tangible Asset Value is fairly stable at the moment as compared to the past year. Clearwater Paper reported Tangible Asset Value of 1.69 Billion in 2021
The company has 637.6 M in debt with debt to equity (D/E) ratio of 1.11, which is OK given its current industry classification. Clearwater Paper has a current ratio of 1.82, which is typical for the industry and considered as normal. Debt can assist Clearwater Paper until it has trouble settling it off, either with new capital or with free cash flow. So, Clearwater Paper's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Clearwater Paper sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Clearwater to invest in growth at high rates of return. When we think about Clearwater Paper's use of debt, we should always consider it together with cash and equity.

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Clearwater Paper Corporation manufactures and supplies bleached paperboards, and consumer and parent roll tissues in the United States and internationally. Clearwater Paper Corporation was incorporated in 2005 and is headquartered in Spokane, Washington. Clearwater Paper operates under Paper Paper Products classification in the United States and is traded on New York Stock Exchange. It employs 3000 people. Clearwater Paper (CLW) is traded on New York Stock Exchange in USA and employs 3,000 people. Clearwater Paper is listed under Paper & Forest Products category by Fama And French industry classification.

Clearwater Paper Leadership Team

Elected by the shareholders, the Clearwater Paper's board of directors comprises two types of representatives: Clearwater Paper inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Clearwater. The board's role is to monitor Clearwater Paper's management team and ensure that shareholders' interests are well served. Clearwater Paper's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Clearwater Paper's outside directors are responsible for providing unbiased perspectives on the board's policies.
Kari Moyes, Senior Vice President - Human Resources
Shannon Myers, Sr Communications
Steven Bowden, VP Division
Kevin Hunt, Independent Director
Christine Tucker, Director
John Hertz, CFO and Sr. VP of Fin.
Robert Dammarell, Principal Accounting Officer and Controller
Joe Laymon, Independent Director
Michael Riordan, Independent Director
Ann Nelson, Independent Director
Linda Massman, President, Chief Executive Officer, Director
Patrick Burke, Senior Vice President and Presidentident - Consumer Products Division
Fredric Corrigan, Independent Director
Arsen Kitch, Senior Vice President General Manager, Consumer Products Division
Robert Hrivnak, Chief Financial Officer, Senior Vice President - Finance, Principal Accounting Officer
Rebecca Barckley, Principal Accounting Officer, Vice President Corporate Controller
Robin Yim, VP Relations
Steve Bowden, Senior Vice President General Manager, Pulp and Paperboard Division
Joanne Shufelt, Senior Vice President General Manager - Consumer Products Division
Michael Murphy, Chief Financial Officer, Senior Vice President - Finance
Danny Johansen, Sr. VP
Alexander Toeldte, Lead Independent Chairman of the Board
Beth Ford, Independent Director
Michael Gadd, Senior Vice President, General Counsel, Corporate Secretary
John Corkrean, Independent Director
Michael Urlick, Senior Vice President General Manager, Consumer Product
William Larsson, Independent Director
Richard Peach, Director
Boh Dickey, Independent Chairman of the Board, Lead Director
John ODonnell, Independent Director

Clearwater Stock Performance Indicators

The ability to make a profit is the ultimate goal of any investor. But to identify the right stock is not an easy task. Is Clearwater Paper a good investment? Although profit is still the single most important financial element of any organization, multiple performance indicators can help investors identify the equity that they will appreciate over time.

Be your own money manager

Our tools can tell you how much better you can do entering a position in Clearwater Paper without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.

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Pair Trading with Clearwater Paper

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Clearwater Paper position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Clearwater Paper will appreciate offsetting losses from the drop in the long position's value.
The ability to find closely correlated positions to Clearwater Paper could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Clearwater Paper when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Clearwater Paper - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Clearwater Paper to buy it.
The correlation of Clearwater Paper is a statistical measure of how it moves in relation to other equities. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Clearwater Paper moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Clearwater Paper moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Clearwater Paper can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching
Continue to Trending Equities. You can also try Price Exposure Probability module to analyze equity upside and downside potential for a given time horizon across multiple markets.

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Is Clearwater Paper's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Clearwater Paper. If investors know Clearwater will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Clearwater Paper listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth YOY
10.0
Market Capitalization
659.9 M
Quarterly Revenue Growth YOY
0.2
Return On Assets
0.0533
Return On Equity
0.12
The market value of Clearwater Paper is measured differently than its book value, which is the value of Clearwater that is recorded on the company's balance sheet. Investors also form their own opinion of Clearwater Paper's value that differs from its market value or its book value, called intrinsic value, which is Clearwater Paper's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Clearwater Paper's market value can be influenced by many factors that don't directly affect Clearwater Paper's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Clearwater Paper's value and its price as these two are different measures arrived at by different means. Investors typically determine Clearwater Paper value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Clearwater Paper's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.