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Saturday, September 6, 2008, 6:18PM ET - U.S. Markets Closed. Dow Up 0.29% Nasdaq Down 0.14%
Pactiv Corp. (PTV)On Sep 5: 27.19  Down 0.23 (0.84%)  
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Pactiv Corp.
1900 West Field Court
Lake Forest, IL 60045
United States - Map
Phone: 847-482-2000
Fax: 847-482-4738
Web Site: http://www.pactiv.com

DETAILS 
Index Membership:S&P 500
S&P 1500 Super Comp
Sector:Consumer Goods
Industry:Packaging & Containers
Full Time Employees:13,000

BUSINESS SUMMARY 
Pactiv Corporation engages in the manufacture and sale of consumer and specialty-packaging products for the consumer and foodservice/food packaging markets in the United States and internationally. The company operates in two segments, Consumer Products and Foodservice/Food Packaging. The Consumer Products segment manufactures disposable plastic, foam, molded-fiber, pressed-paperboard, and aluminum packaging products, such as waste bags, food-storage bags, and disposable tableware and cookware. It sells its products under various brand names, including Hefty, Baggies, Hefty OneZip, Hefty Cinch Sak, Hefty The Gripper, Hefty Zoo Pals, Kordite, and EZ Foiltm to grocery stores, mass merchandisers, and discount chains. The Foodservice/Food Packaging segment manufactures foam, clear plastic, aluminum, pressed-paperboard, and molded-fiber packaging products. Customers for this segment include foodservice distributors, restaurants, and other institutional foodservice outlets, as well as food processors and grocery chains. Pactiv Corporation sells its products through a direct sales force, and a network of brokers and manufacturers’ representatives. The company was founded in 1965 as Packaging Corporation of America. It changed its name to Tenneco Packaging, Inc. in 1995 and to Pactiv Corporation in 1999. The company is headquartered in Lake Forest, Illinois. Pactiv Corp. (NYSE:PTV) operates independently of Tenneco Inc. as of November 4, 1999.
Key Statistics

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    CORPORATE GOVERNANCE 
    Pactiv Corp.'s Corporate Governance Quotient (CGQ®) as of 1-Sep-08 is better than 50.9% of S&P 500 companies and 85.8% of Materials companies.
    Brought to you by Institutional Shareholder Services.

    KEY EXECUTIVES 
     PayExercised
    Mr. Richard L. Wambold , 56
    Chairman, Chief Exec. Officer and Pres
    N/A N/A
    Mr. Peter H. Lazaredes , 57
    Exec. VP and Gen. Mang. of Foodservice & Packaging
    N/A N/A
    Mr. John N. Schwab , 58
    Sr. VP and Gen. Mang. of Hefty Consumer Products
    N/A N/A
    Mr. Edward T. Walters ,
    Chief Financial Officer, Sr. VP and Controller
    N/A N/A
    Mr. Joseph E. Doyle , 48
    VP, Sec. and Gen. Counsel
    N/A N/A
    Dollar amounts are as of and compensation values are for the last fiscal year ending on that date. "Pay" is salary, bonuses, etc. "Exercised" is the value of options exercised during the fiscal year.
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