Highest-materiality recent filing
Sylvamo stockholders re-elect all 7 director nominees, ratify auditor, approve say-on-pay
Quorum of 84% (33.47M of 39.74M shares) present at May 15, 2026 annual meeting.
Sylvamo Q1 net loss of $3M; adjusted EBITDA $29M, free cash flow negative $59M
Net loss of $3M (GAAP); adjusted EBITDA of $29M (4% margin) on lower sales volume and transition costs.
Sylvamo Q4 net income $33M; FY 2025 adjusted EBITDA $448M, 13% margin; returned $155M to shareowners
Q4 net income $33M; adjusted EBITDA $125M (14% margin); operating cash flow $94M; free cash flow $38M.
Sylvamo names John Sims CEO effective Jan 1, 2026; David Petratis Chairman
CEO Jean-Michel Ribiéras retires Dec 31, 2025; John Sims succeeds as CEO, President, and Board member effective Jan 1, 2026.
Sylvamo adopts limited-duration rights plan after Atlas Holdings ends cooperation agreement
Atlas Holdings terminated cooperation agreement; its two directors resigned; standstill restrictions end Nov. 13, 2025.
Sylvamo reports Q3 net income $57M, adj EBITDA $151M; Q4 guidance $115-130M
Net income $57M ($1.41 diluted EPS); adjusted operating earnings $58M ($1.44 diluted EPS).
Sylvamo directors Meyers and Wilde resign; Atlas cooperation period ends Nov 13
Karl Meyers and Mark Wilde resigned from Sylvamo's Board effective November 5, 2025.
Sylvamo amends Riverdale supply deal with IP; supply ends May 2026; Brazil Payment reduced to $85M
IP converting PM16 to containerboard; Sylvamo supply ends May 30, 2026 after wind-down.
Director Stan Askren resigns from Sylvamo board for health reasons effective Sept 1, 2025
Stan Askren notified the Board of his resignation for health reasons, effective September 1, 2025.
Sylvamo warns of International Paper's Riverdale mill conversion ending ~260K-ton supply by Q3 2026
International Paper plans to convert No. 16 paper machine at Riverdale Mill to containerboard by Q3 2026.
Sylvamo Q2 net income $15M, adj. EBITDA $82M; expects stronger H2 with Q3 EBITDA $145-165M
Q2 net income $15M ($0.37 diluted EPS), down from $27M ($0.65) in Q1.
Sylvamo adopts amended bylaws and reports annual meeting voting results
All 10 director nominees elected at May 15 annual meeting; quorum of 93% (37.9M of 40.7M shares).
Sylvamo Q1 net income $27M, adj EBITDA $90M; CEO retirement, succession plan
Net income $27M ($0.65 diluted EPS) vs $81M ($1.94) in Q4 2024; revenue $821M down from $970M.
Sylvamo CEO Ribiéras to retire; Sims named successor, Devlin new CFO
Jean-Michel Ribiéras to retire as CEO effective Dec 31, 2025; will remain Chairman until then.
Sylvamo FY2024 EPS up 21% to $7.18; adjusted EPS $7.42; Q1 EBITDA guidance $85-105M
Full-year net income $302M ($7.18/diluted share) vs $253M ($5.93); adjusted operating EPS $7.42 vs $6.51.
Sylvamo Q3 net income $95M, adjusted EBITDA $193M (20% margin), Q4 adj EBITDA guidance $150-165M
Net income of $95M ($2.27 diluted EPS); adjusted EPS $2.44 vs $1.98 prior quarter.
Mutual termination of the Georgetown Supply Agreement between Sylvamo NA and International Paper, no early termination penalties.
Sylvamo Q2 net income $83M, adjusted EBITDA $164M; raises dividend 50% to $0.45
Net income $83M ($1.98 diluted EPS) vs Q1 $43M ($1.02) and Q2 2023 $49M.
Sylvamo refinances debt: extends revolver to 2029, cuts to $400M; redeems $90.1M 7% notes
Extended revolving credit facility maturity to 2029 and reduced borrowing capacity from $450M to $400M.
Sylvamo shareholders pass all four proposals, including officer liability amendment
All 11 director nominees elected with strong support; Jean-Michel Ribiéras received most votes against (2.47M).
Sylvamo Q1 net income $43M ($1.02/sh), meets expectations; Q2 EBITDA guided $145-160M
Net income of $43M ($1.02 diluted EPS) vs $49M ($1.16) in Q4 2023 and $97M in prior-year Q1.
Sylvamo Q4 adj. EBITDA $117M, FY23 free cash flow $294M, guides Q1 $105-125M
FY23 net income $253M ($5.93 diluted EPS); adjusted operating earnings $278M ($6.51 diluted EPS).
Q3 adjusted EBITDA $158M (18% margin) vs $124M in Q2; adjusted EPS $1.70 vs $1.14.
Sylvamo Q2 adj EBITDA $124M in line; slashes FY2023 EBITDA guidance to $560-600M from $720-770M
Net income $49M ($1.14 diluted EPS); adjusted operating earnings $49M ($1.14).
All 11 director nominees elected; each received >94% of votes cast (excluding broker non-votes).
Sylvamo Q1 adjusted EBITDA $208M in line; Q2 outlook $115-125M, below Q1; repurchased $360M notes
Net income from continuing ops $97M ($2.25/diluted); adj. op. earnings $108M ($2.51/diluted), up >85% YoY.
Sylvamo announces retirement of Greg Gibson; Rodrigo Davoli named new North America head
Greg Gibson, SVP & GM North America, will retire March 31, 2024; effective July 1, 2023 he becomes SVP Commercial Excellence.
Sylvamo completes tender for 79.9% of 7% notes due 2029; adds $300M term loan
$359.5M principal of 7.000% Senior Notes due 2029 tendered (79.9% of outstanding) at $1,000/$1,000 par plus $30 early tender premium.
Sylvamo launches cash tender offer for all $450M 7% Senior Notes due 2029; seeks $300M new term loan
Tender offer for any and all $450M outstanding 7.000% Senior Notes due 2029; total consideration $1,000 per $1,000 principal (includes $30 early tender premium).
Sylvamo enters cooperation agreement with Atlas Holdings, adds two directors, terminates poison pill
Cooperation agreement with Atlas FRM LLC (largest shareholder) signed Feb 14, 2023, avoiding proxy fight.
Sylvamo reports FY22 adj EPS $7.84, raises dividend to $0.25, guides FY23 adj EBITDA $760M-$840M
Full-year 2022 net income $336M ($7.57 diluted EPS); adjusted operating earnings $348M ($7.84 diluted EPS).
Sylvamo Q3 net income $109M, div up to $0.25, sells Russia for $420M, buys Sweden mill
Net income from continuing ops $109M ($2.44 diluted EPS) vs $84M in Q2 2022; revenue $968M, up from $912M.
Sylvamo completes $420M sale of Russian operations to Pulp Invest; nets ~$390M
Sold Russian paper mill in Svetogorsk and harvesting rights on 860,000 forestland acres for $420M.
Sylvamo establishes $120M accounts receivable securitization facility
Sylvamo North America sells trade receivables to bankruptcy-remote SPV Sylvamo Receivables LLC.
Sylvamo to acquire Stora Enso's Nymolla mill for €150M cash; close by Q1 2023
Deal value €150M (~$150M) cash; includes mill, brands, and employees; expected close no later than Q1 2023.
Sylvamo Q2 adjusted EBITDA $189M (20.7% margin); raises FY guidance
Net income from continuing ops $84M ($1.89 diluted EPS); adjusted operating earnings $90M ($2.02 EPS), above guidance.
Sylvamo initiates $0.1125 quarterly dividend and $150M share repurchase program
Quarterly dividend of $0.1125 per share, payable July 15, 2022 to holders of record June 17, 2022.
Sylvamo Q1 adjusted EPS $1.97 vs $1.71 prior qtr; Russia exit with $68M impairment charge
Net income $26M ($0.59 diluted) includes $68M impairment for Russia operations; adjusted operating earnings $87M ($1.97 diluted).
Sylvamo adopts shareholder rights plan after Atlas Holdings accumulates ~14% stake
Atlas Holdings acquired ~14% of Sylvamo shares via block trade and holds unspecified derivatives.
Sylvamo begins suspension of Russia operations; assesses sale or exit
Orderly suspension of Russia operations, focusing on safety and environmental stewardship.
Sylvamo's Svetogorsk mill in Russia may curtail or shut down due to raw material shortages
Mill at Russia-Finland border employs 1,700 and has 720,000 short tons annual capacity.
Sylvamo Q4 net income $62M, adjusted EBITDA $170M; guides Q1 EBITDA $180-190M
Net income $62M ($1.41 diluted EPS); adjusted operating earnings $75M ($1.71 diluted EPS).
Sylvamo Q3 net income $92M ($2.09/share); adjusted EBITDA $177M; guides Q4 adj EBITDA $140-150M
Q3 net income $92M ($2.09 pro forma share); adjusted operating earnings $100M ($2.27 per share).
Sylvamo completes spin-off from International Paper; $1.07B debt, 80.1% distribution
IP contributed printing papers business to Sylvamo for $1.6B cash and 44.1M shares.
Sylvamo enters $1.42B debt facilities; names new directors ahead of spin-off
$1.42B in facilities: $450M revolver, $450M Term B, $520M Term F; funds spin-off Special Payment, renewable investments, working capital.
Investor day held on Sept 9, 2021; webcast replay available at investors.sylvamo.com.
Sylvamo issues $450M 7.000% Senior Notes due 2029; spin-off from IP progresses
Issued $450M aggregate principal of 7.000% Senior Notes due 2029; proceeds for special payment to International Paper pre-spin.
the Board elected Don Devlin as Senior Vice President and Chief Financial Officer of Sylvamo, effective May 1, 2025
the Board elected John V. Sims as Senior Vice President and Chief Operating Officer, effective May 1, 2025
Jean-Michel Ribiéras notified the Board of Directors (“Board”) of Sylvamo Corporation (“Sylvamo”) of his decision to retire as Chief Executive Officer, effective December 31, 2025
Rodrigo Davoli will serve as the Company’s Senior Vice President and General Manager, North America.
Mr. Gibson will serve as the Company’s Senior Vice President, Commercial Excellence, until his retirement
On May 1, 2023, Gregory C. Gibson, Senior Vice President and General Manager, North America, of Sylvamo Corporation (the “Company”), notified the Company of his intent to retire effective March 31, 2024.
On February 14, 2023, pursuant to the Cooperation Agreement, the Board increased the size of the Board from nine to eleven directors and appointed Karl Meyers and Mark Wilde to the Board, in each case, effective as of March 1, 2023.
On February 14, 2023, pursuant to the Cooperation Agreement, the Board increased the size of the Board from nine to eleven directors and appointed Karl Meyers and Mark Wilde to the Board, in each case, effective as of March 1, 2023.
On September 13, 2021, Jeanmarie Desmond was appointed as a director of the Company and as the Chair of the Audit Committee of the Board effective as of September 14, 2021.
On September 13, 2021, effective immediately following the completion of the Spin-Off, each of Stan Askren, Christine S. Breves, Lizanne Gottung, Joia M. Johnson, David Petratis, J. Paul Rollinson and James P. Zallie was appointed as a director of the Company.
On September 14, 2021, the Company received letters of resignation from each of Timothy S. Nicholls, Thomas Plath, Sharon R. Ryan and John V. Sims (each, a “ Resigning Director ”) as directors, each such resignation to be effective as of, and contingent upon, the completion of the Spin-Off which is expected to occur on October 1, 2021.
On September 13, 2021, effective immediately following the completion of the Spin-Off, each of Stan Askren, Christine S. Breves, Lizanne Gottung, Joia M. Johnson, David Petratis, J. Paul Rollinson and James P. Zallie was appointed as a director of the Company.
Max materiality 0.90 · Median 0.70 · Most common event earnings