Don Devlin
the Board elected Don Devlin as Senior Vice President and Chief Financial Officer of Sylvamo, effective May 1, 2025
Highest-materiality recent filing
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 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.
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 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 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.
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
Max materiality 0.80 · Median 0.70 · Most common event earnings