Packaging Corp of America names Fabian Strauss SVP Finance; director Stecko to retire
Packaging Corporation of America said director Paul Stecko will retire from its board and not stand for reelection at the 2026 annual meeting, reducing the board from ten to nine directors. The company also promoted Fabian Strauss to Senior Vice President – Finance, Controller & Treasurer, effective March 1, 2026, making him principal accounting officer, and disclosed changes to its long-term equity award agreements and a retirement agreement with former CFO Robert Mundy.
Key points
- Paul T. Stecko informed the board on February 25, 2026 of his retirement; the board will shrink from ten to nine directors at the 2026 annual meeting.
- Fabian C. Strauss, age 45, was promoted to Senior Vice President – Finance, Controller & Treasurer on March 1, 2026, with an annual base salary of $455,000.
- Robert Mundy retired as Special Advisor effective March 1, 2026; his 9,928 restricted shares vest as of the retirement date, subject to covenant compliance.
- On February 25, 2026, new forms of performance unit and RSU award agreements were approved for awards from fiscal year 2026 onward.
The filing
Written by AI on Nov 8, 2026, 12:42 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on March 03, 2026.
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