Item 5.02. Departure of Directors or Certain Officers; Election of Directors;
Appointment of Certain Officers; Compensatory Arrangements of Certain Officers
This amended Current Report on Form 8-K/A amends Item 5.02 of the Current Report
on Form 8-K, filed by Clearwater Paper Corporation (the "Company") with the
Securities and Exchange Commission on December 12, 2019, relating to the
appointment of Rebecca A. Barckley as the Company's principal accounting
officer.
On January 6, 2020, Ms. Barckley joined the Company as Vice President, Corporate
Controller and began serving as the Company's principal accounting officer
replacing Robert G. Hrivnak, Senior Vice President, Finance and Chief Financial
Officer in that role.
Ms. Barckley, 56, joined the Company from Louisiana Pacific Corporation ("LP")
where she spent 20 years in progressively increasing leadership roles in finance
and accounting. From 1998 to 2000, she served as the LP's Senior Financial
Manager and from 2000 to 2010 as the Controller, Financial Reporting. Since
2010, she served as LP's Corporate Controller Financial Reporting, Principal
Accounting Officer.
Ms. Barckley will be paid a base salary and participate in the Company's annual
incentive and stock incentive plans commensurate with other officers of the
Company with similar levels of responsibility. She will also be entitled to
participate in the Company's benefit programs generally available to officers of
the Company, as well as the Company's Executive Severance and Change of Control
Plans.
There are no arrangements or understandings between Ms. Barckley and any other
person pursuant to which she was selected as an officer. She does not have any
family relationship with any director or executive officer of the Company and
does not have any direct or indirect interest in any transaction required to be
disclosed pursuant to Item 404(a) of Regulation S-K.
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