Thomas K. Corrick, the CEO of Boise Cascade Company, has a solid academic background with both a Bachelor's and a Master's degree in business administration from Texas Christian University. Under his leadership since March 2015, Corrick has guided Boise Cascade...

Thomas K. Corrick, the CEO of Boise Cascade Company, has a solid academic background with both a Bachelor's and a Master's degree in business administration from Texas Christian University. Under his leadership since March 2015, Corrick has guided Boise Cascade through significant changes and growth. Before becoming CEO, he was involved in various roles in the company such as Chief Operating Officer and Executive Vice President of Wood Products. These roles from 2014 onwards helped him build a deep understanding of the business. In 2020, his total compensation reached over $1.1 million, which included salary, bonus, and other benefits, reflecting the company's performance-linked pay structure. Corrick has been actively involved in insider trading of Boise Cascade stocks, with notable transactions peaking upwards of $30 million in 2024. This indicates a strong personal investment and confidence in the company's future. His journey and experiences make him a key figure in the industry and an influencer within Boise Cascade.

Quick Links

1. Rivals

2. Holdings

3. Insider Trading

4. Compensation History

5. Other Boise Cascade CEOs

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Thomas K. Corrick

Ex-CEO of Boise Cascade

Education

Master's degree in Business Administration from Texas Christian University

Field of Expertise

Business & Management

Sector of Economy

Basic Materials

Born

November 21, 1955 - 69 years ago

CEO of Boise Cascade for

5 years 0 months (Mar 2015 - Mar 2020)

Previous Experience

Chief Operating Officer at Boise Cascade

Rivals

Competitors/colleagues of Thomas K. Corrick

G

John C. Turner, Jr.

CEO of GMS

2023 Compensation

Stock

$1.65M

Salary

$865.00K

Bonus

$977.61K

Other

$23.29K

Total Holdings

$11.10M

L

Alan J. M. Haughie

CEO of Louisiana-Pacific Corporation

2023 Compensation

Stock

$587.50K

Salary

$643.20K

Bonus

$613.04K

Other

$70.37K

Total Holdings

$9.32M

F

Nicholas I. Fink

CEO of Fortune Brands Innovations

2023 Compensation

Stock

$7.31M

Salary

$1.24M

Bonus

$1.97M

Other

$275.23K

Total Holdings

$19.20M

T

Robert Buck

CEO of TopBuild Corporation

2023 Compensation

Stock

$2.28M

Salary

$970.83K

Bonus

$0.00

Other

$14.19K

Total Holdings

$20.86M

T

Douglas C. Yearley, Jr.

CEO of Toll Brothers

2023 Compensation

Stock

$0.00

Salary

$1.20M

Bonus

$7.80M

Other

$0.00

Total Holdings

$44.98M

Holdings

See how much did Thomas K. Corrick make over time.

Thomas K. Corrick has actively participated in insider trading, showcasing his commitment to Boise Cascade. The value of his stock transactions has seen significant fluctuations, reaching as high as $30.12 million in February 2024. This impressive value reflects both his...

Thomas K. Corrick has actively participated in insider trading, showcasing his commitment to Boise Cascade. The value of his stock transactions has seen significant fluctuations, reaching as high as $30.12 million in February 2024. This impressive value reflects both his strategic management of shares and his vested interest in the company's performance. During the last few years, his holdings have shown growth, peaking at $30 million in early 2024, highlighting a consistent belief in Boise Cascade's potential. This move is a clear indicator of confidence in the company’s strategic direction, signaling to investors that he is personally invested in the firm's growth and success.

No data yet.

Insider Trading

See recent insider trades of Thomas K. Corrick.

No insider trades found for this CEO.

Compensation History

See how much did Thomas K. Corrick make over time.

Over the years, Thomas K. Corrick's compensation has been closely aligned with Boise Cascade's performance metrics. In 2020, his total compensation marked over $1.1 million, which consisted of a base salary of around $242,000 and significant performance bonuses. His bonuses reflect the company's financial health and focus on metrics like corporate EBITDA, which ties his earnings directly to the company's success. The earlier years saw his total compensation fluctuate, reaching heights of nearly $4 million in 2018, demonstrating the value placed on leadership performance. The structure of his pay is designed to attract and retain leadership talent, emphasizing performance that aligns with shareholder interests.

Year

2020

Total Compensation

$3.13M

Salary

$242.31K

Board Justification

The compensation philosophy is designed to attract, retain, and incentivize management talent essential to achieving the Company's strategic objectives, with a focus on total compensation that is performance-based and aligned with shareholder interests.

Bonus

$490.67K

Board Justification

The bonus is based on the Short Term Incentive Plan (STIP) for the year of termination, pro-rated to reflect the portion of the year expired, and all other compensation to which he is then entitled.

Other

$92.10K

Board Justification

This includes company contributions to savings plans and the company-paid portion of executive officer life insurance.

Restricted Stock

$2.30M(64.87K RSU)

Board Justification

The stock awards that vested in 2020 include 64,874 shares of RSUs, which were granted in prior years and vested on March 1, 2021.

Performance Metrics

The performance metrics for the STIP were based on corporate EBITDA and other financial measures.

Other Boise Cascade CEOs

Here are other CEOs of Boise Cascade

Thomas E. Carlile

Ex-CEO of Boise Cascade

October 2005 - March 2015

Nate Jorgensen

CEO of Boise Cascade

March 2020 - Present