Mary Laschinger

Mary Laschinger (born circa 1959) is the former chairman and chief executive officer of Veritiv.

Mary A. Laschinger
Born1959 (age 63–64)
Arkansaw, Wisconsin
Alma materUniversity of Wisconsin-Eau Claire
University of Connecticut
Kellogg School of Management
Years active1985-2020
Known forFormer Chairman & CEO of Veritiv

While she was the CEO of Veritiv, it was the largest woman-run company in Georgia.[1]

Early life and education

Laschinger was born around 1959 and grew up on her family's dairy farm in Arkansaw, Wisconsin. She was third from the youngest, with four brothers and three sisters. Her father took advantage of government subsidies and the family did not have many of the hardships of other small farms. She did laundry and scrubbed the floors as a child on the farm.[2]

After graduating high school, she worked several odd jobs and spent several years attending a local tech school. She was 21 when she began attending university, and in 1985, she graduated with a degree in business administration from the University of Wisconsin-Eau Claire.[3] She completed her Executive MBA at the University of Connecticut and her postgraduate studies at Northwestern University’s, Kellogg School of Management in executive management.[3]

Career

In 1985, Laschinger went to work as a production planner for Kimberly-Clark and then for James River (now Georgia-Pacific).[4]

She joined International Paper in 1992, where she held various roles. She was a senior vice president of the company from 2007, until June 2014. From January 2010 until June 2014, she was the company's president of its xpedx division.[3][5]

On July 1, 2014, Veritiv was formed upon the merger of International Paper Company's xpedx division with the parent company of Unisource Worldwide, at which time Laschinger became chairman and CEO of the company.[6]

By June 2016, Laschinger was one of 21 women CEOs of Fortune 500 companies.[4]

In 2019, with compensation of $7 million, she was the highest paid female CEO in the Atlanta metropolitan area.[7]

In September 2020, Laschinger retired.[8]

References
  1. Mandel, Eric (September 5, 2017). "Georgia's largest woman-run company makes first acquisition since going public". American City Business Journals.
  2. Bryant, Adam (October 31, 2015). "Mary Laschinger of Veritiv: Leadership With Its Roots on the Farm". The New York Times. ISSN 0362-4331.
  3. Poquette, Julie (July 27, 2016). "Blugold Mary Laschinger leads 2-year-old Veritiv to Fortune 500 status". University of Wisconsin–Eau Claire.
  4. Zarya, Valentina (June 9, 2016). "How a Woman From a Wisconsin Dairy Farm Landed Her Company on the Fortune 500". Fortune.
  5. "2019 Atlanta 500: Business". Atlanta. January 22, 2019.
  6. Sheffield, Michael (June 11, 2014). "Merged xpedx and Unisource company will be Veritiv". American City Business Journals.
  7. Donnelly, Grace (May 26, 2020). "Here are 25 of Georgia's highest-paid female executives of 2019". American City Business Journals.
  8. Donnelly, Grace (September 21, 2020). "Veritiv CEO Mary Laschinger to retire, successor picked". American City Business Journals.
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