KapStone organizes and conducts business with the highest standards of efficiency and effectiveness and complies with both the letter and spirit of applicable laws, rules, and regulations. We adhere to all domestic and international labor and human rights standards and expect our management, board of directors, and all employees to do the same. Refer to our KapStone Paper & Packaging Corporation Code of Conduct and Ethics for more information about the company’s values, principles and standards.
Our eleven-member board of directors provides responsible oversight of management. Board members also participate in the audit, compensation, nominating and corporate governance committees.
With the exception of KapStone’s president and chief executive officer (CEO), all members of the board of directors are independent. An independent director is one who is free of any relationship with the company or its management that may impair, or appear to impair, the director’s ability to make independent judgments, and who meets the NYSE’s definition of independence.
Our CEO reports to the board of directors and has oversight over the economic, environmental and social impact of the company and sets KapStone’s sustainability targets. Our Sustainability Team is responsible for driving corporate sustainability programs to achieve defined targets.
More information on our corporate governance structure is available on the Investor Relations page of our website.
For detailed information about KapStone’s 2015 financial performance, please see our 2015 Form 10-K found on the Annual Reports page of our website.
In 2015, we produced 2.7 million tons of product, of which 82 percent was sold to third-party converters or shipped to our corrugated products manufacturing plants based in the U.S. and 18 percent was sold to foreign-based customers. KapStone’s stock is traded on the NYSE Stock Exchange under the symbol KS.