Clearwater Paper Q3 net loss $11M from continuing ops; board approves $100M buyback

Clearwater Paper Corp

2024-Q3 EPS reported -$0.17 revenue$996,500,000

Net loss from continuing ops $11M ($0.64 per diluted share) vs net income $15M a year ago.
Net income total ops $6M ($0.35/diluted) down from $37M; Adj EBITDA total ops $64M vs $81M.
Paperboard sales volumes +67% to 314K tons; average price -12% to $1,192/ton.
Board approved new $100M share repurchase authorization, replacing prior program.
Closed sale of tissue business Nov 1, 2024; Steve Bowden named SVP Operations effective Jan 1, 2025.

item 2.02 item 5.02 item 9.01

Executive movements

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Appointed

Steve Bowden

Senior Vice President, Operations

CLW · Clearwater Paper Corp

Effective: 2025-01-01
Filed: November 4, 2024, 6:59 PM ET

Steve Bowden will become the Company’s Senior Vice President, Operations.

Key facts

Extracted from this filing and checked against the source text.

Executive change SEC 8-K Item 5.02 confidence 0.95

Steve Bowden was appointed as Senior Vice President, Operations at Clearwater Paper Corp.

Action: appointed
Role: Senior Vice President, Operations

Exact text from the filing

Steve Bowden will become the Company’s Senior Vice President, Operations.

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Clearwater Paper Corp filing history →

Source: SEC EDGAR

accession 0001504337-24-000051

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