Glatfelter Corporation (GLT)

1.7800 +0.1000 (+5.95%) At close: 04:00PM EDT

Glatfelter Corporation

4350 Congress Street
Suite 600
Charlotte, NC 28209
United States
704 885 2555
https://www.glatfelter.com

Sector(s): Basic Materials
Industry: Paper & Paper Products
Full-time employees: 2,907

Key executives

Name	Title	Pay	Exercised	Year born
Mr. Thomas M. Fahnemann	CEO, President & Director	1.34M	N/A	1961
Mr. Ramesh Shettigar	Senior VP, CFO & Treasurer	538.27k	N/A	1976
Mr. Boris Illetschko	Senior VP & COO	658.93k	N/A	1972
Mr. David C. Elder	VP of Strategic Initiatives & Business Optimization and Chief Accounting Officer	411.22k	N/A	1969
Ms. Eileen L. Beck	Senior Vice President of Global Human Resources & Administration	432.44k	N/A	1963
Ms. Jill L. Urey	VP of Compliance, General Counsel & Secretary	N/A	N/A	1967

Amounts are as of 31 December 2023, and compensation values are for the last fiscal year ending on that date. Pay includes salary, bonuses, etc. Exercised is the value of options exercised during the fiscal year. Currency in USD.

Description

Glatfelter Corporation, together with its subsidiaries, engages in the manufacture and sale of engineered materials worldwide. It operates through three segments: Composite Fibers, Airlaid Materials, and Spunlace. The Composite Fibers segment offers food and beverage filtration materials for single-serve coffee and tea products; wallcover base materials for wallpaper manufacturers; metallized products that are used in labels, packaging liners, gift wraps, and other consumer product applications; composite laminates consisting of decorative laminates for use in furniture, household and commercial flooring, and other applications; and specialty engineered products, which are used in electrical energy storage, home, hygiene, and other engineered fiber-based applications. The Airlaid Materials segment supplies absorbent cellulose-based airlaid nonwoven materials that are used to manufacture consumer products, such as feminine hygiene and other hygiene products, specialty wipes, tabletop, adult incontinence, home care, food pads, and other consumer and industrial products. The Spunlace segment manufactures spunlace nonwovens for cleaning, high-performance materials, personal care, hygiene, and medical applications. The company was formerly known as P. H. Glatfelter Company. Glatfelter Corporation was founded in 1864 and is headquartered in Charlotte, North Carolina.

Corporate governance

Glatfelter Corporation’s ISS governance QualityScore as of 1 October 2024 is 2. The pillar scores are Audit: 3; Board: 2; Shareholder rights: 1; Compensation: 7.

Corporate governance scores courtesy of Institutional Shareholder Services (ISS). Scores indicate decile rank relative to index or region. A decile score of 1 indicates lower governance risk, while 10 indicates higher governance risk.