Lance T. Loeffler
appointed Lance T. Loeffler, 48, as senior vice president and chief financial officer of the Company, effective April 1, 2025.
Highest-materiality recent filing
Elected 11 director nominees with majority support; Jamie A. Beggs received 451.7M for votes.
International Paper reports Q1 net sales $5.97B, earnings $76M, adjusts 2026 EBITDA target
Net sales $5.97B, up 13.4% YoY; earnings from cont. ops $76M vs loss of $124M in Q1 2025.
CEO Silvernail to discuss EMEA separation, winter storm impact at BofA conference on Feb 26
CEO Andy Silvernail speaks at Bank of America Securities 2026 Global Agriculture and Materials Conference.
Plans to create two independent, publicly traded packaging companies in North America and EMEA; separation details to follow.
International Paper completes sale of Global Cellulose Fibers to AIP for $1.5B
Closed Jan 23, 2026; total purchase price $1.5B including $190M preferred stock in Absorbent Fiber Topco.
International Paper reports Q3 loss of $426M from cont. ops; adj. operating EPS $(0.43)
Diluted EPS from continuing ops $(0.81) vs $0.14 in Q2 2025 and $0.31 in Q3 2024.
FTC clears HSR waiting period for International Paper's sale of Global Cellulose Fibers business
FTC granted early termination of HSR waiting period on Sep 24, 2025 for IP's GCF sale.
Sale of GCF to American Industrial Partners for $1.5B (including $190M preferred) expected to close by end-2025.
IP to sell Global Cellulose Fibers to AIP for $1.5B; announces mill closures and $250M investment
Definitive agreement to sell GCF business to American Industrial Partners for $1.5B (incl. $190M preferred stock); close by end of 2025.
IP Q2 adjusted EPS $0.20 vs $0.55 YoY; revenue $6.8B includes DS Smith
Net earnings of $75M ($0.14 diluted EPS) vs $498M ($1.41) in Q2 2024; adjusted EPS $0.20 vs $0.55.
International Paper divests five European plants to PALM, completes DS Smith remedy
Divested five corrugated box plants to PALM Group in France (3), Portugal (1), and Spain (1).
Amendment No. 9 to Pension Restoration Plan lets GCF employees continue earning service time and qualify for early retirement while employed by acquiring company.
International Paper Q1 net loss $105M; adjusted EPS $0.23; revenue up 28% to $5.9B
Net loss $105M ($0.24 diluted); adjusted operating earnings $101M ($0.23).
Plants in France (3, in Normandy), Portugal (Ovar), and Spain (Bilbao).
Chairman and CEO Andy Silvernail to host Investor Day in NYC on March 25, 2025 at 9:00 AM ET.
International Paper guarantees DS Smith's €2.1B + £250M notes
IP guarantees DS Smith's €600M 0.875% notes due 2026, €850M 4.375% notes due 2027, £250M 2.875% notes due 2029, €650M 4.5% notes due 2030.
International Paper promotes Nicholls to lead DS Smith EMEA; appoints Loeffler as CFO
Tim Nicholls named EVP and President of DS Smith (EMEA), effective April 1, 2025, overseeing integration and growth.
International Paper closes four facilities, expects $357M pre-tax charge
Permanent closure of Red River containerboard mill (Campti, LA), recycling plant (Phoenix), box plant (Hazleton, PA), and sheet feeder (St. Louis, MO) by end of April 2025.
International Paper appoints David Robbie to board; adopts executive severance plan
David Robbie appointed independent director eff. Feb 11; he previously served on DS Smith board (acquired by IP Jan 31).
International Paper completes acquisition of DS Smith Plc; closed Jan 31, 2025
Acquisition of DS Smith Plc closed on January 31, 2025, in an all-stock transaction.
International Paper completes DS Smith acquisition; 34.1% dilution, $514M synergy target
IP issued ~179.8M new shares (0.1285 per DS Smith share) to complete the acquisition.
IP FY2024 net earnings $557M ($1.57/sh), adj. $1.13; Q4 net loss $147M
Full-year 2024 net sales $18.6B vs $18.9B in 2023; net earnings $557M ($1.57 EPS) vs $288M in 2023.
EC clears IP-DS Smith deal subject to plant divestitures; expected to close Jan 31
European Commission issued conditional Phase I clearance on Jan 24, requiring divestiture of plants in Mortagne, Saint-Amand, Cabourg (France), Ovar (Portugal), Bilbao (Spain).
International Paper executive compensation 2025 LTIP moves to 100% PSUs with relative TSR metric
2025 LTIP approved Dec 9, 2024; executive officers now receive 100% performance stock units (PSUs) vs. prior 80/20 split.
IP publishes supplementary prospectus for DS Smith all-stock acquisition
Second Supplementary Prospectus filed Dec 5, 2024, supplementing Sept 11 prospectus and Nov 4 first supplement.
International Paper publishes UK supplementary prospectus for DS Smith all-stock deal
On Nov 4, 2024, published supplementary prospectus under UK FCA rules to support admission of IP shares to London Stock Exchange.
International Paper reports Q3 2024 net earnings of $150M; adjusted EPS $0.44, above outlook
Net earnings $150M ($0.42 diluted EPS); adjusted operating EPS $0.44, above company outlook.
International Paper to cut 650 jobs, incur $80-100M restructuring charge
Workforce reduction of ~650 employees; restructuring substantially implemented in Q4 2024.
IP shareholders overwhelmingly approve DS Smith acquisition; closing expected late Q4 2024
IP shareholders approved share issuance for DS Smith acquisition with 281.9M votes for (99.7% of votes cast).
International Paper adds BofA DS Smith valuation details to proxy after shareholder suits
Two complaints filed Sep 19-20 in NY Supreme Court allege proxy omissions; company voluntarily adds disclosure.
IP and DS Smith set shareholder meetings: Oct 7 (DS Smith) and Oct 11 (IP) for all-stock deal
IP published U.K. prospectus for London Stock Exchange listing in connection with the DS Smith acquisition.
Chairman Mark Sutton to retire Sept 30; CEO Andy Silvernail named Chairman
Mark Sutton retires as Chairman and Board member effective September 30, 2024.
Tom Hamic named to new role of EVP and President of North American Packaging Solutions, reporting to CEO Andy Silvernail.
International Paper SVP Tom Plath to depart at year-end; no successor named
Tom Plath, SVP of Human Resources and Corporate Affairs, will leave at end of 2024.
International Paper Q2 2024 net earnings $1.41/shr on tax benefit; adjusted EPS $0.55
Net earnings of $498M ($1.41/shr) includes $338M tax benefit from legal entity restructuring.
International Paper's HSR waiting period expires for DS Smith acquisition; deal expected Q4 2024
HSR waiting period expired, removing key U.S. antitrust bar to closing the all-share combination.
International Paper adds two new independent directors; Gordon retires for personal reasons
Ilene S. Gordon retired from Board effective May 21, 2024, citing personal and health reasons.
IP shareholders approve 2024 LTICP with 9.25M shares; CEO Silvernail elected to board
All 9 director nominees elected; top vote-getter Christopher M. Connor with 256.9M for.
appointed Lance T. Loeffler, 48, as senior vice president and chief financial officer of the Company, effective April 1, 2025.
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.
appointed David A. Robbie to serve as an independent director to the Board effective immediately.
On September 10, 2024, Mark S. Sutton provided notice to the Board of Directors (the “Board”) of his intent to retire as chairman of the Board and also as a member of the Board of International Paper Company (the “Company”) effective September 30, 2024.
The Board, on September 10, 2024, then appointed Andrew K. Silvernail as chairman of the Board effective October 1, 2024.
On August 25, 2024, the Board of Directors of International Paper Company (the “Company”) appointed W. Thomas Hamic, 57, to the position of executive vice president and president - North American Packaging Solutions, effective September 1, 2024 (the “Effective Date”).
On August 12, 2024, International Paper Company (“Company”) determined that Tom Plath, Senior Vice President of Human Resources and Corporate Affairs, will leave the Company at the end of the year.
On May 21, 2024, the Board, upon the recommendation of the Company’s Governance Committee, elected Jamie A. Beggs, 47, and Scott A. Tozier, 58, to serve as independent directors to the Board effective immediately.
On May 21, 2024, the Board, upon the recommendation of the Company’s Governance Committee, elected Jamie A. Beggs, 47, and Scott A. Tozier, 58, to serve as independent directors to the Board effective immediately.
On May 21, 2024, Ilene S. Gordon, a member of the Board of Directors (the “Board”) of International Paper Company (the “Company”), informed the Company she would resign effective May 21, 2024.
On May 14, 2024, the Board of Directors (the “Board”) of International Paper Company (the “Company”) elected Andrew K. Silvernail to the Board effective immediately.
Max materiality 0.95 · Median 0.62 · Most common event m_and_a