John A. Luke Jr. Explained

John A. Luke Jr.
Education:Hotchkiss School
Alma Mater:Lawrence University
Occupation:Businessman

John A. Luke Jr. is an American businessman. He serves as chairman and CEO of the MeadWestvaco Corporation.

Education

Luke attended The Hotchkiss School and then Lawrence University, where he received his Bachelor of Arts in 1971.[1] [2] He attended the Wharton School of the University of Pennsylvania and received his master's degree in business administration in 1979.[3]

Career

Luke has served as the chairman and chief executive officer of MeadWestvaco Corporation since 2002. Previously, he was the president and chief executive officer from 2002 to 2003 and chairman, president, and CEO of Westvaco Corporation from 1996 to 2002. He currently serves on the board of directors of American Forest and Paper Association, The Timken Company, National Association of Manufacturers, The Bank of New York Mellon and FM Global.[4]

Luke sits on the board of trustees of the American Enterprise Institute.[5] He has also been on the board of Virginia Museum of Fine Arts, The First Tee, and VCU College of Engineering.[6] [7] [8]

Compensation

While CEO of MeadWestvaco Corporation in 2008, Luke earned a total compensation of $5,675,606, which included a base salary of $1,055,903, no cash bonus, stocks granted of $2,862,256, options granted of $1,585,431 and other compensation of $172,016.[9]

Personal life

Luke is married to Kathleen Allen.[10]

Notes and References

  1. Web site: John A. Luke. MeadWestvaco.
  2. Web site: Lawrence University Committees of the Board of Trustees .
  3. Web site: SEC December 26, 1997 .
  4. https://web.archive.org/web/20090520171734/http://people.forbes.com/profile/john-a-luke/52153 John A. Luke Profile
  5. http://www.aei.org/about/board-of-trustees/ American Enterprise Institute Board of Trustees
  6. Web site: VMFA Committee Meeting Minutes 2013 .
  7. Web site: The First Tee 2015 Annual Review .
  8. Web site: VCU Board of Visitors .
  9. http://www.equilar.com/CEO_Compensation/MeadWestvaco_John_A._Luke_Jr.php 2008 CEO Compensation for John A. Luke Jr.
  10. News: NYTimes John A. Luke Jr., Executive, to Wed Kathleen Sue Allen, Lawyer, in June . The New York Times . 8 April 1984 .