secwatch / observer

Sylvamo Corp — fact timeline

Source-grounded facts extracted from Sylvamo Corp's SEC 8-K filings across all families, newest first. Each cites a verbatim SEC excerpt.

SLVM Sylvamo Corp JSON
Shareholder Votes

Sylvamo Corp shareholders approved Approve on a non-binding advisory basis the compensation of the Company’s named executive officers ("NEOs") at the 2026-05-15 meeting.

“Proposal 3 – Approve on a non-binding advisory basis the compensation of the Company’s named executive officers (“NEOs”) The Company’s stockholders approved the compensation of the Company’s NEOs on a non-binding advisory basis.”
Shareholder Votes

Sylvamo Corp shareholders approved Ratify the appointment of Deloitte & Touche LLP as the Company’s Independent Registered Public Accounting Firm at the 2026-05-15 meeting.

“Proposal 2 – Ratify the appointment of Deloitte & Touche LLP as the Company’s Independent Registered Public Accounting Firm The Company’s stockholders ratified the appointment of Deloitte & Touche LLP as the Company’s independent registered public accounting firm for the fiscal year ending December 31, 2026.”
Shareholder Votes

Sylvamo Corp shareholders approved Elect seven director nominees to the Company’s board of directors at the 2026-05-15 meeting.

“Proposal 1 – Elect seven director nominees to the Company’s board of directors The Company’s stockholders elected each of the individuals listed below as directors to serve until the next annual meeting of the Company and until their successors have been duly elected and qualified, or their earlier resignation.”
Earnings Releases

Sylvamo Corp reported the fiscal quarter ended March 31, 2026 results: net income a net loss of $3 million.

“Sylvamo generated a net loss of $3 million and adjusted EBITDA * of $29 million, representing a 4% margin.”
Equity Issuances

Sylvamo Corp issued one preferred share purchase right for each share of common stock of common stock to stockholders of record as of November 20, 2025.

“On November 10, 2025, the board of directors (the “Board of Directors”) of Sylvamo Corporation (the “Company”) declared a dividend of one preferred share purchase right (a “Right”), payable on November 20, 2025, for each share of common stock, par value $1.00 per share, of the Company (the “Common Shares”) outstanding on November 20, 2025 (the “Record Date”) to the stockholders of record on that date.”
Governance Changes

Sylvamo Corp: Filed a Certificate of Designations designating Series B Preferred Stock in connection with the adoption of a Rights Agreement (effective 2025-11-10).

“Item 5.03. Amendments to Articles of Incorporation or Bylaws; Change in Fiscal Year. In connection with the adoption of the Rights Agreement, on November 10, 2025, the Company filed a Certificate of Designations designating Series B Preferred Stock with the Delaware Secretary of State.”
Governance Changes

Sylvamo Corp: Board adopted Second Amended and Restated By-Laws effective immediately, revising advance notice procedures, majority voting, and making administrative updates (effective 2025-05-15).

“On May 15, 2025, the Board of Directors (the “Board”) of Sylvamo Corporation (the “Company”) adopted and approved, effective immediately, the second amended and restated By-Laws of the Company (as amended and restated, the “Second Amended and Restated By-Laws”).”

Don Devlin was elected as Senior Vice President and Chief Financial Officer at Sylvamo Corp.

“the Board elected Don Devlin as Senior Vice President and Chief Financial Officer of Sylvamo, effective May 1, 2025”

John V. Sims was elected as Senior Vice President and Chief Operating Officer at Sylvamo Corp.

“the Board elected John V. Sims as Senior Vice President and Chief Operating Officer, effective May 1, 2025”

Jean-Michel Ribiéras departed as Chief Executive Officer at Sylvamo Corp.

“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”
Earnings Releases

Sylvamo Corp reported the fiscal quarter ended March 31, 2024 results: revenue $905 million, net income $43 million ($1.02 per diluted share), EPS $1.02 per diluted share.

“On May 10, 2024, Sylvamo Corporation issued a press release announcing its financial results for the fiscal quarter ended March 31, 2024.”
Earnings Releases

Sylvamo Corp reported the fiscal year ended December 31, 2023 results: net income $253 million, EPS $5.93 per diluted share. Guidance initiated.

“Financial Highlights – 2023 Full Year • Net income from continuing operations of $253 million ($5.93 per diluted share)”
Earnings Releases

Sylvamo Corp reported the fiscal quarter ended December 31, 2023 results: revenue $964 million, net income $49 million, EPS $1.16 per diluted share. Guidance initiated.

“Net sales of $964 million vs. $897 million (7.5% increase) • Net income from continuing operations of $49 million ($1.16 per diluted share) vs. $58 million ($1.37 per diluted share)”
Earnings Releases

Sylvamo Corp reported fiscal quarter ended September 30, 2023 results: net income $58 million ($1.37 per diluted share), EPS $1.37 per diluted share.

“On November 9, 2023, Sylvamo Corporation issued a press release announcing its financial results for the fiscal quarter ended September 30, 2023.”
Earnings Releases

Sylvamo Corp reported second quarter ended June 30, 2023 results: net income $49 million ($1.14 per diluted share), EPS $1.14 per diluted share. Guidance lowered.

“On August 9, 2023, Sylvamo Corporation issued a press release announcing its financial results for the fiscal quarter ended June 30, 2023.”
Shareholder Votes

Sylvamo Corp shareholders approved Approve on a non-binding advisory basis the compensation of the Company's named executive officers at the 2023-05-15 meeting.

“Proposal 3 – Approve on a non-binding advisory basis the compensation of the Company’s named executive officers (“NEOs”) The Company’s shareowners approved the compensation of the Company’s NEOs on a non-binding advisory basis. For Against Abstain Broker Non-Votes 30,364,452 603,944 65,370 3,837,564”
Shareholder Votes

Sylvamo Corp shareholders approved Ratify Deloitte & Touche LLP as the Company's Independent Registered Public Accounting Firm for 2023 at the 2023-05-15 meeting.

“Proposal 2 – Ratify Deloitte & Touche LLP as the Company’s Independent Registered Public Accounting Firm for 2023 The Company’s shareowners ratified the appointment of Deloitte & Touche LLP as the Company’s independent registered public accounting firm for the fiscal year ending December 31, 2023. For Against Abstain Broker Non-Votes 34,716,060 129,005 26,266 —”
Shareholder Votes

Sylvamo Corp shareholders approved Election of eleven director nominees at the 2023-05-15 meeting.

“Proposal 1 – Elect eleven director nominees to our board of directors The Company’s shareowners elected each of the individuals listed below as directors to serve until the next annual meeting of the Company and until their successors have been duly elected and qualified, or their earlier resignation. Directors For Against Abstain Broker Non-Votes Jean-Michel Ribiéras 29,472,168 1,524,196 37,402 3,837,564 Stan Askren 30,785,679 209,177 38,910 3,837,564 Christine S. Breves 30,811,970 184,590 37,206 3,837,564 Jeanmarie Desmond 30,597,038 399,490 37,238 3,837,564 Liz Gottung 30,537,564 475,909 20,293 3,837,564 Joia M. Johnson 30,618,832 376,927 38,007 3,837,564 Karl L. Meyers 30,862,511 81,457 89,798 3,837,564 David Petratis 30,466,802 527,712 39,252 3,837,564 J. Paul Rollinson 30,788,006 206,602 39,158 3,837,564 Mark W. Wilde 30,868,850 74,286 90,630 3,837,564 James P. Zallie 30,796,610 197,419 39,737 3,837,564”
Earnings Releases

Sylvamo Corp reported the fiscal quarter ended March 31, 2023 results: net income $97 million, EPS $2.25 per diluted share.

“Net income from continuing operations of $97 million ($2.25 per diluted share) vs. $88 million ($1.99 per diluted share)”

Rodrigo Davoli was appointed as Senior Vice President and General Manager, North America at Sylvamo Corp.

“Rodrigo Davoli will serve as the Company’s Senior Vice President and General Manager, North America.”

Gregory C. Gibson departed as Senior Vice President and General Manager, North America at Sylvamo Corp.

“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.”

Gregory C. Gibson changed role as Senior Vice President, Commercial Excellence at Sylvamo Corp.

“Mr. Gibson will serve as the Company’s Senior Vice President, Commercial Excellence, until his retirement”
Debt Financings

Sylvamo Corp incurred term loan of $300.0 million with Bank of America, N.A. at Term SOFR plus 1.75% per annum maturing the fifth anniversary of the Amendment No. 2 effective date.

“Amendment No. 2 provides for a $300.0 million incremental term loan “A” facility (the “Term Loan A Facility”) to be borrowed under the Credit Agreement”
Material Agreements

Sylvamo Corp amended Credit Extension Amendment and Amendment No. 2 with Cobank, ACB valued at $300.0 million (effective 2023-03-09).

“On March 9, 2023, the Company entered into that certain Credit Extension Amendment and Amendment No. 2 (“Amendment No. 2”), by and among the Company, the guarantors party thereto, the lenders party thereto, Cobank, ACB, as the TLF Lead Arranger and the Administrative Agent (as defined below), which amends that certain Credit Agreement, dated as of September 13, 2021”
Material Agreements

Sylvamo Corp amended Second Supplemental Indenture with The Bank of New York Mellon Trust Company, N.A. (effective 2023-03-10).

“On March 10, 2023, Sylvamo Corporation (the “Company”) entered into a second supplemental indenture (the “Second Supplemental Indenture”), between the Company and The Bank of New York Mellon Trust Company, N.A. (the “Trustee”), to the indenture, dated as of September 3, 2021, as supplemented and amended to date (the “Indenture”), relating to the Company’s 7.000% Senior Notes due 2029”
Governance Changes

Sylvamo Corp: Filing of Certificate of Elimination to eliminate Preferred Shares and return them to authorized but undesignated preferred stock.

“Promptly following the expiration of the Rights and the termination of the Rights Agreement, the Company will file a Certificate of Elimination (the “ Certificate of Elimination ”) with the Secretary of State of the State of Delaware eliminating the Preferred Shares and returning them to authorized but undesignated shares of the Company’s preferred stock.”
Material Agreements

Sylvamo Corp terminated Rights Agreement with Computershare Trust Company, N.A. valued at Rights Agreement terminated upon acceleration of expiration of rights under the Rights Agreement Ame (effective 2023-02-15).

“Item 1.02. Termination of a Material Definitive Agreement. The information set forth in Item 1.01 of this Current Report on Form 8-K under the caption "Amendment and Termination of Rights Agreement" is incorporated herein by reference.”

Mark Wilde was appointed as Director at Sylvamo Corp.

“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.”

Karl Meyers was appointed as Director at Sylvamo Corp.

“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.”
Earnings Releases

Sylvamo Corp updated its the fiscal quarter ending March 31, 2023 guidance (initiated).

“Adjusted EBITDA for the first quarter is expected to be $200 million to $215 million, which includes adjusted EBITDA for Nymolla of $15 million to $20 million”
Earnings Releases

Sylvamo Corp updated its the fiscal year ending December 31, 2023 guidance (initiated).

“Adjusted EBITDA for the year, including Nymolla, is expected to be $760 million to $840 million”
Earnings Releases

Sylvamo Corp reported the fiscal year ended December 31, 2022 results: net income $336 million, EPS $7.57 per diluted share.

“Net income from continuing operations of $336 million ($7.57 per diluted share)”
Earnings Releases

Sylvamo Corp reported the fiscal quarter ended December 31, 2022 results: net income $88 million, EPS $1.99 per diluted share.

“Net income from continuing operations of $88 million ($1.99 per diluted share)”
Earnings Releases

Sylvamo Corp reported the fiscal quarter ended September 30, 2022 results: net income $109 million, EPS $2.44 per diluted share. Guidance initiated.

“Net income from continuing operations of $109 million ($2.44 per diluted share) compared with $84 million ($1.89 per diluted share) in the second quarter of 2022”

James P. Zallie was appointed as Director at Sylvamo Corp.

“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.”

J. Paul Rollinson was appointed as Director at Sylvamo Corp.

“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.”

David Petratis was appointed as Director at Sylvamo Corp.

“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.”

Joia M. Johnson was appointed as Director at Sylvamo Corp.

“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.”

Lizanne Gottung was appointed as Director at Sylvamo Corp.

“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.”

Christine S. Breves was appointed as Director at Sylvamo Corp.

“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.”

Stan Askren was appointed as Director at Sylvamo Corp.

“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.”

Jeanmarie Desmond was appointed as Director at Sylvamo Corp.

“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.”

John V. Sims resigned as Director at Sylvamo Corp.

“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.”

Sharon R. Ryan resigned as Director at Sylvamo Corp.

“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.”

Thomas Plath resigned as Director at Sylvamo Corp.

“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.”

Timothy S. Nicholls resigned as Director at Sylvamo Corp.

“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.”

Facts are extracted by an LLM and gated to those whose source quote is present verbatim in the filing text. Coverage is best-effort while backfill and monitoring mature; this is not yet a full-market index. See methodology.