Patrick J. Moore

Definition of 'Patrick J. Moore'


Patrick J. Moore became Chairman and CEO of Smurfit-Stone Container Corporation in 2002. Born in 1954 in Chicago, Moore joined the company in 1987 when it was Jefferson Smurfit Corporation. He became president and CEO in 2002, and chairman in 2003. As vice president, Moore oversaw the divestiture of Stone Container Corporation's assets after its 1998 merger with Jefferson Smurfit.

Investopedia explains 'Patrick J. Moore'


Smurfit-Stone is a paperboard and paper-based packaging company headquartered in Chicago, IL, and Creve Coeur, MO. The company also operates 31 full-service recycling processing facilities.


Filed Under:

comments powered by Disqus
Hot Definitions
  1. Gross Debt Service Ratio - GDS

    A debt service measure that financial lenders use as a rule of thumb to give a preliminary assessment about whether a potential borrower is already in too much debt. Receiving a ratio of less than 30% means that the potential borrower has an acceptable level of debt.
  2. Federal Reserve Note

    The most accurate term used to describe the paper currency (dollar bills) circulated in the United States. These Federal Reserve Notes are printed by the U.S. Treasury at the instruction of the Federal Reserve member banks, who also act as the clearinghouse for local banks that need to increase or reduce their supply of cash on hand.
  3. Benchmark Bond

    A bond that provides a standard against which the performance of other bonds can be measured. Government bonds are almost always used as benchmark bonds. Also referred to as "benchmark issue" or "bellwether issue".
  4. Market Capitalization

    The total dollar market value of all of a company's outstanding shares. Market capitalization is calculated by multiplying a company's shares outstanding by the current market price of one share. The investment community uses this figure to determine a company's size, as opposed to sales or total asset figures.
  5. Oil Reserves

    An estimate of the amount of crude oil located in a particular economic region. Oil reserves must have the potential of being extracted under current technological constraints. For example, if oil pools are located at unattainable depths, they would not be considered part of the nation's reserves.
  6. Joint Venture - JV

    A business arrangement in which two or more parties agree to pool their resources for the purpose of accomplishing a specific task. This task can be a new project or any other business activity. In a joint venture (JV), each of the participants is responsible for profits, losses and costs associated with it.
Trading Center