Chairman Mark Sutton to retire Sept 30; CEO Andy Silvernail named Chairman

INTERNATIONAL PAPER CO /NEW/

Mark Sutton retires as Chairman and Board member effective September 30, 2024.
CEO Andy Silvernail elected Chairman effective October 1, 2024, adding role to his current position.
Silvernail joined IP in May 2024; previously led IDEX Corp (TSR >500% during tenure) and worked at KKR.
Lead Director Chris Connor thanked Sutton for strengthening balance sheet and focusing portfolio.

item 5.02 item 8.01 item 9.01

Executive movements

Machine-extracted from this filing. Every card cites the SEC source. See all recent executive movements.

Departed

Mark S. Sutton

Chairman of the Board and Director

IP · INTERNATIONAL PAPER CO /NEW/

Effective: 2024-09-30
Successor: Andrew K. Silvernail
Filed: September 10, 2024, 7:59 PM ET

On September 10, 2024, Mark S. Sutton provided notice to the Board of Directors (the “Board”) of his intent to retire as chairman of the Board and also as a member of the Board of International Paper Company (the “Company”) effective September 30, 2024.

Appointed

Andrew K. Silvernail

Chairman of the Board

IP · INTERNATIONAL PAPER CO /NEW/

Effective: 2024-10-01
Filed: September 10, 2024, 7:59 PM ET

The Board, on September 10, 2024, then appointed Andrew K. Silvernail as chairman of the Board effective October 1, 2024.

Key facts

Extracted from this filing and checked against the source text.

Executive change SEC 8-K Item 5.02 confidence 0.95

Mark S. Sutton retired as Chairman of the Board and Director at INTERNATIONAL PAPER CO /NEW/.

Action: retired
Role: Chairman of the Board and Director

Exact text from the filing

On September 10, 2024, Mark S. Sutton provided notice to the Board of Directors (the “Board”) of his intent to retire as chairman of the Board and also as a member of the Board of International Paper Company (the “Company”) effective September 30, 2024.

View on SEC.gov

Executive change SEC 8-K Item 5.02 confidence 0.95

Andrew K. Silvernail was appointed as Chairman of the Board at INTERNATIONAL PAPER CO /NEW/.

Action: appointed
Role: Chairman of the Board

Exact text from the filing

The Board, on September 10, 2024, then appointed Andrew K. Silvernail as chairman of the Board effective October 1, 2024.

View on SEC.gov

INTERNATIONAL PAPER CO /NEW/ filing history →

Source: SEC EDGAR

accession 0001193125-24-216681

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