Sundar PichaiSundar Pichai earned $164M in 2023

Nate Jorgensen has been the CEO of Boise Cascade Company since March 2020. He started with the company in 2015 as part of the Wood Products business and worked his way up. Before joining Boise Cascade, he held various roles...

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Nate Jorgensen

CEO of Boise Cascade

Education

Bachelor's degree in Civil and Environmental Engineering from the University of Wisconsin

Field of Expertise

Technology & Engineering - Engineering

Sector of Economy

Basic Materials

Born

July 12, 1964 - 60 years ago

CEO of Boise Cascade for

5 years 1 month (Mar 2020 - Present)

Previous Experience

Senior Vice President of Engineered Wood Products at Boise Cascade

Holdings

See how much did Nate Jorgensen make over time.

Nate Jorgensen has shown a strong commitment to his role through his stock holdings. Over the years, his insider trading activities reveal a consistent pattern of investing in Boise Cascade, especially during growth phases. For instance, his reported holdings grew...

Insider Trading

See recent insider trades of Nate Jorgensen.

BCC

18,144 shares

BCC

Mar 1, 2024

Received

BCC

53,368 shares

BCC

Feb 15, 2024

Received

BCC

26,684 shares

BCC

Mar 1, 2023

Received

BCC

26,656 shares

BCC

Feb 16, 2023

Received

BCC

17,537 shares

BCC

Mar 1, 2022

Received

BCC

42,230 shares

BCC

Feb 17, 2022

Received

BCC

21,115 shares

BCC

Mar 1, 2021

Received

BCC

60,768 shares

BCC

Feb 18, 2021

Received

BCC

30,384 shares

BCC

Mar 1, 2020

Received

BCC

7,886 shares

BCC

Feb 10, 2020

Received

Compensation History

See how much did Nate Jorgensen make over time.

In 2023, Nate Jorgensen's total compensation was around $7.68 million, a significant increase from previous years, primarily driven by a performance-based bonus linked to the company's short-term financial results. His base salary was approximately $1.01 million, complemented by a bonus exceeding $2.7 million, reflecting his ability to meet corporate performance goals. Jorgensen's compensation strategy aligns with industry norms, targeting the 50th percentile of similar roles, balancing salary, annual bonuses, and long-term incentives. The bonus structure was particularly impressive, as it relied heavily on measurable performance metrics such as return on invested capital and corporate financial success. Overall, his compensation highlights the expectation of high performance while also representing the interests of shareholders.

Year

2023

Total Compensation

$3.96M

Salary

$1.01M

Board Justification

The compensation philosophy targets compensation at the 50th percentile of comparable market compensation data, with a significant portion of total compensation being performance-based to align with long-term shareholder value.

Bonus

$2.72M

Board Justification

The bonus is based on the short-term incentive plan (STIP) which is tied to corporate performance metrics for the year 2023.

Other

$234.32K

Board Justification

Includes contributions to savings plans and company-paid life insurance.

Restricted Stock

$0.00(0 RSU)

Board Justification

No stock was vested in 2023 as the performance stock units (PSUs) awarded in 2023 will vest on March 1, 2026.

Performance Metrics

The performance metrics for the CEO's compensation in 2023 included corporate ROIC and other financial performance measures.

Other Boise Cascade CEOs

Here are other CEOs of Boise Cascade