It helps entrepreneurs, managers, and stakeholders understand and analyze different aspects of a business in a structured and comprehensive manner. By utilizing the Business Model Canvas, organizations can gain insights into how different components of their business interact and contribute to overall success. In the case of WestRock, insider ownership plays a crucial role in the company’s governance. As of the latest available information, insiders own a notable percentage of the company’s shares. This demonstrates their confidence in the company’s future prospects and their commitment to its long-term success. Previously she was vice president of global communications and brand for MeadWestvaco (MWV).
- WestRock is a publicly traded company listed on the New York Stock Exchange under the ticker symbol WRK.
- By prioritizing innovation and sustainability, WestRock ensures that their products not only meet market demand but also address environmental concerns.
- He also held positions at Ernst & Young (EY), Milk Industry Logistics, Bibby Distribution and IBM Consulting.
- WestRock generates its revenue through a diverse range of products and services, including corrugated packaging, consumer packaging, and specialty chemicals.
- Stand out in grocery and convenience stores with our shelf-stable innovations and sustainable, fiber-based packaging for transporting fresh foods.
- And, according to its 2019 annual report, the firm recorded net sales of $18.2bn, a 15% growth from the $16.2bn it earned in 2018.
Serve your consumers with sturdy, leak-resistant paperboard packaging, and ensure your foods arrive hot and delicious from your kitchen to your consumers’ homes. WestRock is committed to helping support the health of the planet, our people, their communities and our customers. Collaboration and partnership are at the heart of everything we do.Together, we’re evolving the way we make, use and reuse paper. WestRock declared that its Board of Directors has authorized a stock buyback program on Thursday, May 5th 2022, which allows the company to buyback 25,000,000 outstanding shares, according to EventVestor.
Chief Supply Chain Officer
© 2024 Market data provided is at least 10-minutes delayed and hosted by Barchart Solutions. Information is provided ‘as-is’ and solely for informational purposes, not for trading purposes or advice, and is delayed. New Rank-Based ScoringMarketRank™ is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company’s weighted average against that of other companies. Data are provided ‘as is’ for informational purposes only and are not intended for trading purposes. In March, WestRock chief commercial officer Jeff Chalovich released a statement that focused on the firm’s responses and actions during the Covid-19 pandemic. By 2025, the firm wants to increase the energy efficiency of purchased fuels by 10% per tonne of production from a 2015 baseline, and reduce its CO2e emissions by 20% per tonne of production – based upon the same baseline.
Supported by world-class markets data from Dow Jones and FactSet, and partnering with Automated Insights, MarketWatch Automation brings you the latest, most pertinent content at record speed and with unparalleled accuracy. Sam earned a bachelor’s degree in chemistry with a minor in biology from the University of San Diego in California. Amir earned a Bachelor of Science degree in computer science from Mount Saint Mary’s University and a Master of Science degree in systems engineering from Johns Hopkins University. Donna Owens Cox is chief communications officer, which includes responsibility for corporate giving programs. Vicki earned a Bachelor of Science degree in business management from the University of Phoenix.
Chief Financial Officer and Executive Vice President
The company owns and operates multiple containerboard mills and corrugated products manufacturing plants. This integration allows them to maintain control over the entire production process and ensures consistent quality and timely delivery to customers. Ben spent 12 years with General Electric in a variety of technology roles and started his eight-year career with Tenneco in 2011. In 2017, he became the senior vice president and chief technology officer at Tenneco, where he was responsible for innovation, engineering and intellectual property strategy.
Prior to joining WestRock, Patrick was senior vice president, EIMEA and Global Packaging for H.B. Stand out in grocery and convenience stores with our shelf-stable innovations and sustainable, fiber-based packaging for transporting fresh foods. We use our imagination, expertise and leadership to help our customers overcome the obstacles that stand in the best forex indicators way of their business and sustainability goals. On average, they expect the company’s stock price to reach $39.14 in the next twelve months. View analysts price targets for WRK or view top-rated stocks among Wall Street analysts. The Business Model Canvas is a strategic management tool that provides a visual representation of a company’s business model.
Key Resources
WestRock aims to build long-term, collaborative relationships with its customers, working closely with them to understand their specific needs, challenges, and goals. By acting as a trusted partner, WestRock can offer tailored solutions that address the unique requirements of each customer, enabling them to gain a competitive edge in their markets. Some notable institutional shareholders of WestRock include Vanguard Group, BlackRock, and State Street Corporation.
Retail Shareholders
WestRock has a diverse base of retail shareholders, ranging from individual investors who believe in the company’s growth potential to employees who hold shares through employee stock ownership plans (ESOPs). These retail shareholders contribute to the overall ownership landscape and can influence the company through voting on important matters during shareholder https://bigbostrade.com/ meetings. Retail shareholders, also known as individual investors, are everyday people who purchase shares of a company’s stock through brokerage accounts or other investment platforms. While their ownership might be relatively small compared to institutional investors, the collective ownership of retail shareholders can still have an impact on the company.
And, due to the changing nature of the pandemic, the firm has been in daily contact with its suppliers and carriers to monitor any developments that would impact the sourcing of raw materials or delivering orders. Because of this, the more than 300 operating locations WestRock were and have been able to continue to produce products. At the start of the pandemic, the firm limited access to all of its locations to individuals who were absolutely necessary to keep its operations running.
These institutions often hold significant percentages of the company’s outstanding shares, which can influence the decision-making and overall direction of the company. Institutional shareholders play a significant role in owning a company like WestRock. These are typically large investment firms, pension funds, or mutual funds that manage substantial amounts of money on behalf of their clients. Institutional ownership provides stability to the company’s ownership structure.
Nina earned a bachelor’s degree in urban and environmental planning from the University of Virginia and a law degree from Tulane University. Combine innovative materials, thoughtful designs and state-of-the-art manufacturing to convey your product as trustworthy and patient-friendly. WestRock innovates with our customers, delivering competitive advantages and helping them reach their sustainability goals. As the AI market heats up, investors who have a vision for artificial intelligence have the potential to see real returns. Learn about the industry as a whole as well as seven companies that are getting work done with the power of AI. Create a free account to gain access to news, analysis, and real-time alerts on the stocks you follow.
With a rich history spanning over 120 years, International Paper is a global leader in the paper and packaging industry. The company offers a wide range of products, including containerboard, corrugated packaging, and pulp. In conclusion, WestRock is a leading packaging solutions company that has established itself as a key player in the industry.
Tony Smurfit, CEO of packaging giant Smurfit Kappa, discusses the company’s announcement that they will merge with U.S. peer Westrock. According to 10 analysts, the average rating for WRK stock is “Buy.” The 12-month stock price forecast is $38.88, which is a decrease of -4.25% from the latest price.
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