Sylvamo names John Sims CEO effective Jan 1, 2026; David Petratis Chairman

Sylvamo Corp

CEO Jean-Michel Ribiéras retires Dec 31, 2025; John Sims succeeds as CEO, President, and Board member effective Jan 1, 2026.
David Petratis appointed independent Chairman effective Jan 1, 2026; lead independent director role eliminated; Board now 7 members, 6 independent.
Sims' 2026 base salary set at $1,050,000; target annual incentive 125% of base; LTIP target value $4,750,000.
Petratis receives prorated chairman retainer of $130,000 (elects DSUs) in addition to director and committee fees.
No material related-party transactions; compensation adjustments align with existing plans and programs.

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