secwatch.observer — SEC 8-K summary
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Issuer:     INTERNATIONAL PAPER CO /NEW/ (IP)
CIK:        0000051434
Form:       8-K
Filed at:   2025-02-28T23:59:59+00:00
Accession:  0001193125-25-040518
Event type: leadership
Sentiment:  neutral
Materiality: 0.65
Item codes: 5.02, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/51434/000119312525040518/0001193125-25-040518-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/51434/000119312525040518/d857981d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-25-040518

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer