International Paper promotes Nicholls to lead DS Smith EMEA; appoints Loeffler as CFO

INTERNATIONAL PAPER CO /NEW/

Tim Nicholls named EVP and President of DS Smith (EMEA), effective April 1, 2025, overseeing integration and growth.
Lance Loeffler appointed SVP and CFO, effective same date, previously SVP at Halliburton and former Halliburton CFO.
Loeffler receives $850k base salary, $1.7M inducement RSUs (3-yr vest), and $3.5M PSU grant under LTIP.
Nicholls steps down as CFO; led IP side of DS Smith integration planning and served as interim EMEA leader.
No compensation changes for Nicholls in connection with the new role; prior salary increase disclosed in December 2024.

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.

Appointed

Lance T. Loeffler

senior vice president and chief financial officer

IP · INTERNATIONAL PAPER CO /NEW/

Effective: 2025-04-01
Filed: February 28, 2025, 6:59 PM ET

appointed Lance T. Loeffler, 48, as senior vice president and chief financial officer of the Company, effective April 1, 2025.

Role change

Timothy S. Nicholls

executive vice president and president – DS Smith

IP · INTERNATIONAL PAPER CO /NEW/

Effective: 2025-04-01
Successor: Lance T. Loeffler
Filed: February 28, 2025, 6:59 PM ET

appointed Timothy S. Nicholls, 63, as executive vice president and president – DS Smith, an International Paper company, leading our business in Europe, Middle East and Africa (“EMEA”), effective April 1, 2025.

Key facts

Extracted from this filing and checked against the source text.

Executive change SEC 8-K Item 5.02 confidence 0.95

Lance T. Loeffler was appointed as senior vice president and chief financial officer at INTERNATIONAL PAPER CO /NEW/.

Action: appointed
Role: senior vice president and chief financial officer

Exact text from the filing

appointed Lance T. Loeffler, 48, as senior vice president and chief financial officer of the Company, effective April 1, 2025.

View on SEC.gov

Executive change SEC 8-K Item 5.02 confidence 0.95

Timothy S. Nicholls was appointed as executive vice president and president – DS Smith at INTERNATIONAL PAPER CO /NEW/.

Action: appointed
Role: executive vice president and president – DS Smith

Exact text from the filing

appointed Timothy S. Nicholls, 63, as executive vice president and president – DS Smith, an International Paper company, leading our business in Europe, Middle East and Africa (“EMEA”), effective April 1, 2025.

View on SEC.gov

INTERNATIONAL PAPER CO /NEW/ filing history →

Source: SEC EDGAR

accession 0001193125-25-040518

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