Private company
Veritiv Corp
American wholesale-paper and paper products company, incorporated in Delaware.
Last updated Oct 18, 2026.
Overview
Financials
From the company’s reports to the SEC. Every number links to the filing it came from.
Key numbers, fiscal 2022
Where the money goes
Where each dollar of revenue went, fiscal 2022
- Selling, general and admin11¢$762.7M
- Other costs83¢$5.9B
- Interest0¢$17.7M
- Income tax1¢$94.0M
- Profit5¢$337.9M
Out of $7.1B in revenue.3
Where each dollar of operating cash went, fiscal 2022
- Capital spending9¢$21.9M
- Dividends paid3¢$8.5M
- Share buybacks79¢$200.0M
- Kept or used elsewhere9¢$22.0M
Out of $252.4M of cash from operations.3
Financial statements
| Fiscal year | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 |
|---|---|---|---|---|---|---|---|
| Revenue | $8.3B4 | $8.4B5 | $8.7B6 | $7.7B7 | $6.3B3 | $6.9B3 | $7.1B3 |
| Selling, general and admin | $827.9M4 | $875.7M5 | $867.6M6 | $823.3M7 | $717.9M3 | $735.8M3 | $762.7M3 |
| Operating income | $74.2M4 | $18.1M5 | $15.8M6 | $20.9M7 | $47.8M3 | $210.0M3 | $441.2M3 |
| Interest | $27.5M4 | $31.2M5 | $42.3M6 | $38.1M7 | $25.1M3 | $17.2M3 | $17.7M3 |
| Income tax | $19.8M4 | $11.4M5 | $5.5M6 | $700.0K7 | $8.8M3 | $52.9M3 | $94.0M3 |
| Net income | $21.0M4 | -$13.3M5 | -$15.7M6 | -$29.5M7 | $34.2M3 | $144.6M3 | $337.9M3 |
| Earnings per share | $1.314 | -$0.854 | -$0.996 | -$1.847 | $2.143 | $9.503 | $23.853 |
| Earnings per share (diluted) | $1.304 | -$0.854 | -$0.996 | -$1.847 | $2.083 | $9.013 | $23.293 |
| Fiscal year | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 |
|---|---|---|---|---|---|---|---|
| Cash | $69.6M4 | $80.3M4 | $64.3M4 | $38.0M3 | $120.6M3 | $49.3M3 | $40.6M3 |
| Current assets | $1.9B10 | $2.1B4 | $2.1B5 | $1.6B6 | $1.6B7 | $1.7B3 | $1.5B3 |
| Total assets | $2.5B10 | $2.7B4 | $2.5B5 | $2.5B7 | $2.3B3 | $2.4B3 | $2.1B3 |
| Current liabilities | $867.8M10 | $907.4M4 | $849.7M5 | $731.5M6 | $749.4M7 | $873.6M3 | $726.6M3 |
| Total liabilities | $1.9B10 | $2.2B4 | $2.0B5 | $2.0B6 | $1.8B7 | $1.8B3 | $1.3B3 |
| Shareholders’ equity | $541.8M5 | $549.7M6 | $543.1M7 | $536.2M3 | $583.1M3 | $635.8M3 | $756.1M3 |
| Shares outstanding | 15.7M shares10 | 15.7M shares4 | 15.9M shares5 | 16.1M shares6 | 15.9M shares7 | 14.6M shares3 | 13.5M shares3 |
| Fiscal year | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 |
|---|---|---|---|---|---|---|---|
| Cash from operations | $140.2M4 | $36.6M5 | $15.0M6 | $281.0M7 | $289.2M3 | $154.7M3 | $252.4M3 |
| Capital spending | $41.0M4 | $32.5M5 | $45.4M6 | $34.1M7 | $23.6M3 | $20.4M3 | $21.9M3 |
| Free cash flow | $99.2M | $4.1M | -$30.4M | $246.9M | $265.6M | $134.3M | $230.5M |
| Dividends paid | $03 | $03 | $8.5M3 | ||||
| Share buybacks | $13.6M4 | $04 | $06 | $07 | $3.5M3 | $100.0M3 | $200.0M3 |
| Dividend per share | $0.633 |
Leadership
Who has led Veritiv Corp, and when. Pick a name to see everywhere that person has worked.
Chief executive
Chief financial officer
Chief operating officer
- Chief executive officerSalvatore A. Abbate Oct 1, 2020 to Nov 30, 202311
- Chief executive officerMary A. Laschinger Jun 13, 2014 to May 12, 202012
- ChairMary A. Laschinger Jun 13, 2014 to May 12, 202012
- Chief financial officerEric Guerin Nov 30, 2023 to Nov 30, 202313
- Chief operating officerSalvatore A. Abbate Jan 3, 2020 to Jul 2, 202014
Board members and other officers (45)
- SVP FinanceEric Guerin Jan 4, 2023 to Mar 2, 202315
- Corporate Controller and PFOLance D. Gebert Mar 23, 2022 to Nov 30, 202316
- SVP Chief ComplianceSusan B. Salyer May 11, 2021 to Mar 3, 202217
- Interim PFO and TreasurerMello Guilherme Nebel De Feb 28, 2020 to Mar 2, 202018
- SVP Marketing & Bus. MgmtDaniel B. Calderwood Oct 16, 2020 to Nov 30, 202319
- SVP SalesStephanie E. Mayerle Oct 16, 2020 to Nov 30, 202320
- SVP Chief Information OfficerKaren Renner Nov 27, 2020 to Nov 30, 202321
- VP Developing BusinessesMichael D. Walkenhorst Feb 1, 2019 to Nov 30, 202322
- SVP and Chief HR OfficerDean A. Adelman Mar 20, 2019 to Nov 30, 202323
- SVP and CIOAdam W. Noble Jun 7, 2019 to Jan 3, 202024
- Chief Accounting OfficerAndrew E. Magley Mar 9, 2018 to Mar 3, 202225
- SVP, CHIEF COMMERCIAL OFFICERSalvatore A. Abbate Apr 20, 2018 to Jan 3, 201926
- Corporate VP & CIODavid L. Hudson Nov 2, 2018 to Mar 4, 201927
- SVP, Chief Strategy OfficerAdam W. Taylor Oct 5, 2015 to Jan 4, 201728
- Group VP of Pub. & Print Mgmt.John G. Biscanti Dec 11, 2015 to Mar 2, 202029
- SVP Publishing & Print MgmtBarry R. Nelson Jun 13, 2014 to Jan 3, 201930
- SVP PrintDaniel J. Watkoske Jun 13, 2014 to Mar 2, 202331
- SVP & Chief HR OfficerElizabeth Patrick Jun 13, 2014 to Mar 4, 201932
- SVP, Strategy/Facility Solut.Joseph B. Myers Jun 13, 2014 to Jan 5, 201533
- SVP, GC and Corporate Sec.Mark W. Hianik Jun 13, 2014 to Jun 13, 201434
- SVP Corporate AffairsNeil Russell Jun 13, 2014 to Jan 5, 201535
- SVP Field Sales and OperationsThomas S. Lazzaro Jun 13, 2014 to Dec 11, 201936
- SVP PackagingDarin W. Tang Jul 1, 2014 to Jan 5, 201637
- SVP Supply ChainTimothy D. Kutz Jul 1, 2014 to Jul 1, 201438
- Chief Accounting OfficerWilliam Forrest Bell Oct 21, 2014 to Mar 5, 201839
- Board memberAutumn R. Bayles May 6, 2022 to Nov 30, 202340
- Board memberGregory B. Morrison Jul 2, 2021 to Nov 30, 202341
- Board memberStephen E. Macadam Feb 20, 2020 to Nov 30, 202342
- Board memberShantella E. Cooper Feb 28, 2020 to Nov 30, 202343
- Board memberSalvatore A. Abbate Oct 1, 2020 to Nov 30, 202311
- Board memberLiza Landsman Mar 15, 2017 to Apr 26, 201844
- Board memberDave Flitman Jul 28, 2017 to Nov 30, 202345
- Board memberMatthew J. Espe Jun 2, 2016 to Jun 23, 201646
- Board memberCarleton C. Ealy Jun 13, 2014 to Jun 13, 201447
- Board memberCarol L. Roberts Jun 13, 2014 to Jun 13, 201448
- Board memberSharon R. Ryan Jun 13, 2014 to Jun 13, 201449
- Board memberDaniel T. Henry Jun 23, 2014 to Apr 29, 202150
- Board memberAllan R. Dragone Jr. Jul 1, 2014 to Jul 1, 201551
- Board memberCharles Ward Jul 1, 2014 to Nov 30, 202352
- Board memberJohn J. Zillmer Jul 1, 2014 to Apr 26, 201953
- Board memberMichael P. Muldowney Jul 1, 2014 to Nov 30, 202354
- Board memberSeth Meisel Jul 1, 2014 to Jul 1, 201555
- Board memberTracy A. Leinbach Jul 1, 2014 to Nov 30, 202356
- General counselSusan B. Salyer Jul 5, 2022 to Nov 30, 202357
- General counselMark W. Hianik Dec 23, 2014 to Mar 3, 202258
Former names
- xpedx Holding CoFeb 14, 2014 to May 12, 20142
Timeline
Filings
212 filings to the SEC since October 2021: 2 annual reports, 7 quarterly reports, 29 major events, 147 insider forms, 9 large holders, 18 other. The latest 20:
- Feb 9, 2024SC 13G/A SEC SCHEDULE 13G EDGAR
- Dec 11, 202315-12G EDGAR
- Dec 6, 20234 EDGAR
- Dec 4, 2023EFFECT EDGAR
- Dec 4, 2023SC 13D/A NONE EDGAR
- Nov 30, 20234 EDGAR
- Nov 30, 20234 EDGAR
- Nov 30, 20234 EDGAR
- Nov 30, 20234 EDGAR
- Nov 30, 20234 EDGAR
- Nov 30, 20234 EDGAR
- Nov 30, 20234 EDGAR
- Nov 30, 20234 EDGAR
- Nov 30, 20234 EDGAR
- Nov 30, 20234 EDGAR
- Nov 30, 20234 EDGAR
- Nov 30, 20234 EDGAR
- Nov 30, 20234 EDGAR
- Nov 30, 20234 EDGAR
- Nov 30, 20234 EDGAR
The 212 filings since October 2021 can be filtered by form type and year here when JavaScript is on.
Every filing from the last three years, summarized. The full record is on SEC EDGAR.
Insider trades and holders
Large holders
Investors who own more than 5% must tell the SEC: a 13D if they may seek to influence the company, a 13G if they hold passively. 9 such filings since October 2021:
- Feb 9, 2024SC 13G/A
- Dec 4, 2023SC 13D/A
- Aug 11, 2023SC 13D
- Feb 13, 2023SC 13G/A
- Feb 10, 2023SC 13G/A
- Feb 9, 2023SC 13G/A
- Sep 9, 2022SC 13G/A
- Feb 10, 2022SC 13G/A
- Feb 8, 2022SC 13G/A
From Forms 4 and Schedules 13D and 13G filed with the SEC.
Sources
The numbers on this page point here. Each one links to the record it came from.
- 1SEC EDGARVeritiv Corp filings on SEC EDGAR
- 2SEC EDGARVeritiv Corp filings on SEC EDGAR
- 3SEC EDGARVeritiv Corp 10-K for fiscal 2022
- 4SEC EDGARVeritiv Corp 10-K for fiscal 2016
- 5SEC EDGARVeritiv Corp 10-K for fiscal 2017
- 6SEC EDGARVeritiv Corp 10-K for fiscal 2018
- 7SEC EDGARVeritiv Corp 10-K for fiscal 2019
- 8SEC EDGARVeritiv Corp 10-Q for fiscal 2023
- 9SEC EDGARVeritiv Corp 10-Q for fiscal 2023
- 10SEC EDGARVeritiv Corp 10-K for fiscal 2016
- 11
- 12
- 13SEC EDGAREric Guerin, Chief financial officer
- 14
- 15SEC EDGAREric Guerin, SVP Finance
- 16
- 17
- 18
- 19
- 20SEC EDGARStephanie E. Mayerle, SVP Sales
- 21
- 22
- 23
- 24SEC EDGARAdam W. Noble, SVP and CIO
- 25
- 26
- 27
- 28
- 29
- 30
- 31SEC EDGARDaniel J. Watkoske, SVP Print
- 32
- 33
- 34
- 35SEC EDGARNeil Russell, SVP Corporate Affairs
- 36
- 37SEC EDGARDarin W. Tang, SVP Packaging
- 38SEC EDGARTimothy D. Kutz, SVP Supply Chain
- 39
- 40SEC EDGARAutumn R. Bayles, Board member
- 41SEC EDGARGregory B. Morrison, Board member
- 42SEC EDGARStephen E. Macadam, Board member
- 43SEC EDGARShantella E. Cooper, Board member
- 44SEC EDGARLiza Landsman, Board member
- 45SEC EDGARDave Flitman, Board member
- 46SEC EDGARMatthew J. Espe, Board member
- 47SEC EDGARCarleton C. Ealy, Board member
- 48SEC EDGARCarol L. Roberts, Board member
- 49SEC EDGARSharon R. Ryan, Board member
- 50SEC EDGARDaniel T. Henry, Board member
- 51SEC EDGARAllan R. Dragone Jr., Board member
- 52SEC EDGARCharles Ward, Board member
- 53SEC EDGARJohn J. Zillmer, Board member
- 54SEC EDGARMichael P. Muldowney, Board member
- 55SEC EDGARSeth Meisel, Board member
- 56SEC EDGARTracy A. Leinbach, Board member
- 57SEC EDGARSusan B. Salyer, General counsel
- 58SEC EDGARMark W. Hianik, General counsel