International Paper appoints David Robbie to board; adopts executive severance plan

INTERNATIONAL PAPER CO /NEW/

David Robbie appointed independent director eff. Feb 11; he previously served on DS Smith board (acquired by IP Jan 31).
Board now 11 members (10 independent); Robbie assigned to Audit & Finance and Public Policy & Environment committees.
New Executive Severance Plan approved: CEO Silvernail gets 2x base+target bonus; other NEOs get 1.5x.
Severance plan replaces 2005 policy; includes lump sum cash, health benefits up to 2 years for CEO, outplacement services.
Robbie's term expires at May 2025 annual meeting; he will be nominated for re-election.

item 5.02 item 9.01

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Appointed

David A. Robbie

Director

IP · INTERNATIONAL PAPER CO /NEW/

Effective: 2025-02-11
Filed: February 11, 2025, 6:59 PM ET

appointed David A. Robbie to serve as an independent director to the Board effective immediately.

Key facts

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Executive change SEC 8-K Item 5.02 confidence 1.0

David A. Robbie was appointed as Director at INTERNATIONAL PAPER CO /NEW/.

Action: appointed
Role: Director

Exact text from the filing

appointed David A. Robbie to serve as an independent director to the Board effective immediately.

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INTERNATIONAL PAPER CO /NEW/ filing history →

Source: SEC EDGAR

accession 0001193125-25-024408

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