---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-25-040518"
form_type: "8-K"
ticker: "IP"
cik: "0000051434"
company_name: "INTERNATIONAL PAPER CO /NEW/"
filed_at: "2025-02-28T23:59:59+00:00"
generated_at: "2026-05-26T00:36:37.452838+00:00"
event_type: "leadership"
sentiment: "neutral"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

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

## Summary
- 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.

## SEC filing metadata
- accession: 0001193125-25-040518
- form_type: 8-K
- ticker: IP
- cik: 0000051434
- company_name: INTERNATIONAL PAPER CO /NEW/
- filed_at: 2025-02-28T23:59:59+00:00
- event_type: leadership
- sentiment: neutral
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 5.02, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/51434/000119312525040518/0001193125-25-040518-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/51434/000119312525040518/d857981d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-25-040518
- JSON: https://secwatch.observer/filing/0001193125-25-040518.json
- Plain text: https://secwatch.observer/filing/0001193125-25-040518.txt

## Source-grounded claims
- claim_id: 486aa57198
  claim: Lance T. Loeffler was appointed as senior vice president and chief financial officer at INTERNATIONAL PAPER CO /NEW/.
  evidence_excerpt: appointed Lance T. Loeffler, 48, as senior vice president and chief financial officer of the Company, effective April 1, 2025.
  evidence_url: https://www.sec.gov/Archives/edgar/data/51434/000119312525040518/0001193125-25-040518-index.htm
- claim_id: fd52ce7f45
  claim: Timothy S. Nicholls was appointed as executive vice president and president – DS Smith at INTERNATIONAL PAPER CO /NEW/.
  evidence_excerpt: 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.
  evidence_url: https://www.sec.gov/Archives/edgar/data/51434/000119312525040518/0001193125-25-040518-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.