secwatch.observer — SEC 8-K summary
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Issuer:     INTERNATIONAL PAPER CO /NEW/ (IP)
CIK:        0000051434
Form:       8-K
Filed at:   2024-08-27T23:59:59+00:00
Accession:  0001193125-24-207194
Event type: leadership
Sentiment:  neutral
Materiality: 0.50
Item codes: 5.02, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

International Paper appoints Tom Hamic EVP, President of N. American Packaging Solutions, effective Sep 1
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- Tom Hamic named to new role of EVP and President of North American Packaging Solutions, reporting to CEO Andy Silvernail.
- Effective September 1, 2024; Hamic will lead Container and Containerboard businesses in North America.
- Base salary increased to $750,000 from $650,000; target annual bonus of 100% of salary.
- Expected annual equity award in early 2025 with grant date fair value of $2,800,000, consisting of PSUs and RSUs.
- Hamic has been with International Paper since 1991; previously served as SVP North American Container and CCO.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/51434/000119312524207194/0001193125-24-207194-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/51434/000119312524207194/d647688d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-24-207194

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