# EDGAR Filing Document

**Accession Number:** 0001441236
**File Stem:** 0001157523-23-000453
**Filing Date:** 2023-3
**Character Count:** 7902
**Document Hash:** b642093860dec396994f4b762bbf9ff0
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001157523-23-000453.hdr.sgml**: 20230316

**ACCESSION NUMBER**: 0001157523-23-000453

**CONFORMED SUBMISSION TYPE**: 8-K

**PUBLIC DOCUMENT COUNT**: 13

**CONFORMED PERIOD OF REPORT**: 20230315

**ITEM INFORMATION**: Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers: Compensatory Arrangements of Certain Officers

**ITEM INFORMATION**: Financial Statements and Exhibits

**FILED AS OF DATE**: 20230316

**DATE AS OF CHANGE**: 20230316

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** Clearwater Paper Corp
- **CENTRAL INDEX KEY:** 0001441236
- **STANDARD INDUSTRIAL CLASSIFICATION:** PAPERBOARD MILLS [2631]
- **IRS NUMBER:** 203594554
- **STATE OF INCORPORATION:** DE
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** 8-K
- **SEC ACT:** 1934 Act
- **SEC FILE NUMBER:** 001-34146
- **FILM NUMBER:** 23739803

**BUSINESS ADDRESS:**
- **STREET 1:** 601 WEST RIVERSIDE AVENUE
- **STREET 2:** SUITE 1100
- **CITY:** SPOKANE
- **STATE:** WA
- **ZIP:** 99201
- **BUSINESS PHONE:** 509.344.5900

**MAIL ADDRESS:**
- **STREET 1:** 601 WEST RIVERSIDE AVENUE
- **STREET 2:** SUITE 1100
- **CITY:** SPOKANE
- **STATE:** WA
- **ZIP:** 99201

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** Potlatch Forest Products CORP
- **DATE OF NAME CHANGE:** 20080728

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### UNITED STATES

### SECURITIES AND EXCHANGE COMMISSION
**Washington, D.C. 20549** 

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### FORM 8-K

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#### CURRENT REPORT

#### Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934

#### Date of Report (Date of earliest event reported): March 15, 2023

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#### CLEARWATER PAPER CORPORATION (Exact name of Registrant as Specified in Its Charter)

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| | | |
|:---|:---|:---|
| **Delaware**  | **001-34146**  | **20-3594554**  |
| **(State or Other Jurisdiction<br> of Incorporation)** | **(Commission File Number)** | **(IRS Employer<br> Identification No.)** |

---

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| | |
|:---|:---|
| **601 West Riverside Ave., Suite 1100**<br> **Spokane, Washington** | <br> **99201**<br>|
| **(Address of Principal Executive Offices)** | **(Zip Code)** |

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#### Registrant's Telephone Number, Including Area Code: (509) 344-5900

#### Not Applicable

#### (Former Name or Former Address, if Changed Since Last Report)

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Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

☐ Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

☐ Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

☐ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

☐ Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Securities registered pursuant to Section 12(b) of the Act:

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| | | |
|:---|:---|:---|
| **Title of each class** | **Trading Symbol(s)** | **Name of each exchanged on which registered** |
| Common Stock, par value $0.0001 per share<br>| CLW<br>| New York Stock Exchange<br>|

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Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§ 230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§ 240.12b-2 of this chapter).

Emerging growth company ☐

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐

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**Item 5.02.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers**

On March 16, 2023, the Board of Directors of Clearwater Paper Corporation (the "Company") announced the departure of Michael J. Murphy, Senior Vice President and Chief Financial Officer of the Company. Mr. Murphy's departure is expected at the end of the second quarter of 2023. He will continue to serve as the Chief Financial Officer and assist the Company in the transition to a new Chief Financial Officer through the end of the second quarter.

A copy of the press release announcing the departure of Mr. Murphy is furnished with this report as Exhibit 99.1.

#### Item 9.01.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Financial Statements and Exhibits.
(d) Exhibit Index

<u>Exhibit</u> <u>Description</u> <br>[99.1](a53363333ex99_1.htm) [Press release issued by Clearwater Paper Corporation, dated March 16, 2023](a53363333ex99_1.htm)

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#### SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

Date: March 16, 2023

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| | |
|:---|:---|
| CLEARWATER PAPER CORPORATION | CLEARWATER PAPER CORPORATION |
| By: | /s/ Michael S. Gadd |
|  | Michael S. Gadd, Corporate Secretary |

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## Exhibit 99.1

**Exhibit 99.1**<br>

# **Clearwater Paper Announces Departure of Chief Financial Officer** 
SPOKANE, Wash.--(BUSINESS WIRE)--March 16, 2023--**Clearwater Paper Corporation (NYSE: CLW)** today announced the planned departure of Michael Murphy as senior vice president and chief financial officer. Mr. Murphy will continue to serve as the chief financial officer and assist the company in the transition through the second quarter of this year.

"We thank Mike for his many contributions to Clearwater Paper, particularly in helping us strengthen our financial position and helping guide us through the uncertainty of the COVID-19 pandemic. I am grateful for his three years with us and appreciate his support during this transition. We wish him well in his future endeavors," said Arsen Kitch, president and chief executive officer.

Mr. Murphy commented, "I am honored to have had the opportunity to work with this team and believe that the company is well positioned for continued success."

 **ABOUT CLEARWATER PAPER**

Clearwater Paper is a premier supplier of private brand tissue to major retailers, including grocery, club, mass merchants, and discount stores. In addition, the company produces bleached paperboard used by quality-conscious printers and packaging converters, and offers services that include custom sheeting, slitting, and cutting. Clearwater Paper's employees build shareholder value by developing strong relationships through quality and service.

 **FORWARD-LOOKING STATEMENTS**

This press release contains certain forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, as amended, including the expected departure timeline and transition for the chief financial officer position. These forward-looking statements are based on current expectations that are subject to change, and actual results may differ materially from the forward-looking statements. Factors that could cause actual results to differ materially include those risks and uncertainties described from time to time in the company's public filings with the Securities and Exchange Commission. The company does not undertake to update any forward-looking statements based on new developments or changes to the company's expectations.

 ***For additional information on Clearwater Paper, please visit our website at www.clearwaterpaper.com.***

## Contacts
 **News media** <br> Clearwater Paper Corporation <br> Shannon Myers, Sr. Director, Corporate Communications <br> Phone: 509-344-5967 <br> shannon.myers@clearwaterpaper.com

 **Investors** <br> Sloan Bohlen <br> Solebury Strategic Communications <br> Phone: 509-344-5906 <br> investorinfo@clearwaterpaper.com