CLEARWATER PAPER CORP (CLW)
Sector: Materials
Sector: Materials
CLEARWATER PAPER CORP - Executive Compensation
Senior Vice President, Supply Chain and Corporate Development
Executive Compensation
Matthew D. Passarello serves as Senior Vice President of Supply Chain and Corporate Development at Clearwater Paper Corporation, a leading producer of private-label tissue, paperboard, and pulp products. With over 25 years of experience in supply chain management, operations, and strategic development within the manufacturing and packaging industries, Passarello joined Clearwater Paper in 2021. His expertise spans global logistics, procurement, and process optimization, driving efficiency and sustainability across complex supply networks. Prior to Clearwater Paper, he held progressive leadership roles at Sonoco Products Company, including Vice President of Global Supply Chain, where he spearheaded initiatives that reduced costs by millions and enhanced supply chain resilience amid market volatility. Throughout his career, Passarello has been recognized for transformative achievements, such as implementing digital supply chain platforms that improved on-time delivery rates by 20% at Sonoco and leading cross-functional teams to integrate sustainable sourcing practices compliant with industry standards. Earlier positions at Novelis Inc. and Georgia-Pacific honed his skills in aluminum and paper operations, where he optimized manufacturing footprints and negotiated key supplier partnerships. His strategic acumen has consistently delivered bottom-line results, earning him accolades from industry peers. At Clearwater Paper, Passarello oversees end-to-end supply chain operations, corporate development strategies, and merger integration efforts, playing a pivotal role in the company's growth and operational excellence. Under his leadership, the organization has advanced supply chain digitization, fortified supplier diversity programs, and navigated disruptions like the global pandemic, positioning Clearwater Paper for long-term competitiveness in a dynamic market.