{"schema_version":"secwatch.filing_event.v1","accession":"0001193125-24-070875","form_type":"8-K","ticker":"IP","cik":"0000051434","company_name":"INTERNATIONAL PAPER CO /NEW/","filed_at":"2024-03-19T23:59:59+00:00","discovered_at":"2026-05-14T18:03:26.642791+00:00","generated_at":"2026-06-04T14:09:30.354331+00:00","sec_items":["1.01","5.02","8.01","9.01"],"event_type":"leadership","sentiment":"neutral","materiality_score":0.8,"calibrated_materiality_score":0.8,"confidence":"high","headline":"International Paper appoints Andrew Silvernail as CEO, effective May 1; Sutton remains Chairman","bullets":["Andrew Silvernail, 53, joins from KKR & Co.; previously CEO of IDEX (2011-2020) where total shareholder return grew >500%.","Base salary of $1M, target bonus 150% of base, inducement PSU grant of $8.5M, and LTIP PSU grant of $12.5M.","Mark Sutton steps down as CEO after 10 years but stays as Chairman to ensure smooth transition.","Net sales for 2023 were $18.9 billion; company employs ~39,000 globally."],"urls":{"canonical":"https://secwatch.observer/filing/0001193125-24-070875","json":"https://secwatch.observer/filing/0001193125-24-070875.json","markdown":"https://secwatch.observer/filing/0001193125-24-070875.md","text":"https://secwatch.observer/filing/0001193125-24-070875.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/51434/000119312524070875/0001193125-24-070875-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/51434/000119312524070875/d807996d8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-04T14:09:30.354331+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"bb85049ac1","claim":"Andrew K. Silvernail was appointed as chief executive officer at INTERNATIONAL PAPER CO /NEW/.","evidence_excerpt":"On March 13, 2024, the Board of Directors of International Paper Company (the “Company”) appointed Andrew K. Silvernail, 53, to the position of chief executive officer, effective May 1, 2024 or such other dates as the parties may mutually agree (the “Effective Date”).","evidence_source":"SEC 8-K Item 5.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/51434/000119312524070875/0001193125-24-070875-index.htm","confidence":0.95,"family_label":"Executive change","details":[{"label":"Action","value":"appointed"},{"label":"Role","value":"chief executive officer"}],"fact_type":"executive_change"},{"claim_id":"c4ce4ec6f9","claim":"Mark S. Sutton changed role as Chairman of the Board at INTERNATIONAL PAPER CO /NEW/.","evidence_excerpt":"He will succeed Mark S. Sutton, who will continue as Chairman of the Board.","evidence_source":"SEC 8-K Item 5.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/51434/000119312524070875/0001193125-24-070875-index.htm","confidence":0.95,"family_label":"Executive change","details":[{"label":"Role","value":"Chairman of the Board"}],"fact_type":"executive_change"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}