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...

Current Market Cap

$5.46B

Number of Employees

7.31K

Total Compensation

2016 - 2020

Trending up by 9.56% last year
Showing total compensation for the last 2016 - 2020

Stock

Up by 158.62% last year

Salary

Down by -72.97% last year

Bonus

Down by -46.85% last year

Other

Down by -36.22% last year

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.

SEC Filing

From March 26, 2021

Thomas K. Corrick

Ex-CEO of Boise Cascade

TK

Education

Bachelor's and Master's degrees in business administration from Texas Christian University

Field of Expertise

Business & Management

Born

January 1, 1960 - 64 years ago

Is Founder?

No

Tenure

5 years 0 months (Mar 2015 - Mar 2020)

Previous Experience

Chief Operating Officer at Boise Cascade Company, Executive Vice President of Wood Products

View Holdings

Insider Holdings of Thomas K. Corrick

$30.15M

$2.03M (7.21%)