Carole L. Brown
On March 10, 2025, the Board of Directors (the “Board”) of Smurfit Westrock plc (the “Company”) appointed Carole L. Brown to the Board as an independent director, effective March 11, 2025.
Highest-materiality recent filing
Smurfit Westrock Q1 Net Income $63M down from $382M YoY; Adjusted EBITDA $1,076M
Net Sales $7,712M flat vs $7,656M YoY; Net Income fell 83% to $63M (0.8% margin).
Smurfit Westrock Q4 adj EBITDA $1.17B, cuts 3,000 jobs; targets ~$7B EBITDA by 2030
Q4 net sales $7,580M (flat YoY); net income $98M (down from $146M); adj EPS $0.34 (down from $0.47).
Smurfit Westrock Q3 2025: Net income $245M, Adj. EBITDA $1,302M, dividend $0.4308
Q3 2025 Net Sales $8,003M, Net Income $245M, Adjusted EBITDA $1,302M (16.3% margin).
Smurfit Westrock reports Q2 net loss of $26M; adjusted EBITDA $1.213B
Net sales of $7,940M; net loss of $26M from $280M restructuring costs.
Smurfit Westrock Q1 Net Sales $7.66B, Net Income $382M, Adj. EBITDA $1.25B
Net Sales of $7,656M; Net Income $382M (5.0% margin); Adjusted EBITDA $1,252M (16.4% margin).
Smurfit Westrock to close two mills, cut 500k tons capacity; expects $287M pre-tax charges
Permanent closure of CRB mill in St. Paul, MN, and discontinuation of production at containerboard mill in Forney, TX; specialty coating at Forney unaffected.
Smurfit Westrock Q4 Adj. EBITDA $1.17B; dividend up 42%; guides Q1 Adj. EBITDA ~$1.25B
Q4 net sales $7.5B, net income $146M, Adjusted EBITDA $1,166M (15.5% margin).
Smurfit Westrock closes €1.2B and $850M green bond offerings; proceeds to refinance 2026 maturities
$850M 5.418% senior notes due 2035; €600M 3.454% notes due 2032; €600M 3.807% notes due 2036.
Smurfit Westrock Q3 net loss $150M on $7.7B sales; adjusted EBITDA $1.27B margin 16.5%
Net loss of $150M attributable to ~$500M in transaction-related expenses and purchase accounting adjustments.
WestRock pre-merger results: net sales $14.15B for 9 months; net income $75.2M
WestRock net sales $14.15B for 9 months ended June 30, 2024, down 7.6% from $15.32B prior year.
Smurfit Kappa Q2 net sales $2.97B, net income $132M, down 51% YoY
Net sales $2,969M (Q2) and $5,899M (H1), down 3.5% and 6.6% YoY respectively.
Smurfit Westrock Q2 2024 legacy results: net income $132M, adj EBITDA $480M, vol +3.1%
Net sales $2.97B vs $3.08B YoY; net income $132M vs $267M; adjusted EBITDA $480M vs $556M.
Merger closed July 5, 2024; Smurfit WestRock now owns Smurfit Kappa and WestRock as wholly owned subsidiaries.
SmurfitWestRock reiterates early-Jul close; SmurfitKappa Q1 sales -9.6%, NI -32%
Combination expected to close in early July 2024, subject to regulatory and shareholder approvals.
On March 10, 2025, the Board of Directors (the “Board”) of Smurfit Westrock plc (the “Company”) appointed Carole L. Brown to the Board as an independent director, effective March 11, 2025.
As previously disclosed, Dmitri L. Stockton will be stepping down from the Board, effective as of the conclusion of the Company’s 2025 Annual General Meeting of Shareholders
On February 26, 2025, Dmitri Stockton, a member of the Board of Directors (the “Board”) of Smurfit Westrock plc (the “Company”), notified the Company that he will be stepping down from the Board, effective as of the conclusion of the Company’s 2025 Annual General Meeting of Shareholders, which is currently scheduled for May 2, 2025.
Irial Finan, Anne Anderson, Frits Beurskens, James Lawrence, Carol Fairweather, Jørgen Buhl Rasmussen, Lourdes Melgar, Kaisa Hietala and Mary Lynn Ferguson-McHugh resigned as members of the Smurfit Kappa board of directors.
The board of directors of WestRock was removed in connection with the Combination; former WestRock directors Colleen F. Arnold, Timothy J. Bernlohr, J. Powell Brown, Terrell K. Crews, Russell M. Currey, Suzan F. Harrison, Gracia C. Martore, James E. Nevels, E. Jean Savage, David Sewell, Dmitri L. Stockton and Alan D. Wilson ceased to serve as WestRock directors following the removal.
the following individuals were elected, effective as of July 5, 2024, as officers of Smurfit WestRock in each case until their successors are chosen and qualify in their stead or until their earlier death, resignation or removal: · Irial Finan, Chair · Anthony Smurfit, President and Group Chief Executive Officer (Principal Executive Officer) · Ken Bowles, Executive Vice President and Group Chief Financial Officer (Principal Financial Officer) · Laurent Sellier, President & Chief Executive Officer, North America (including Mexico) · Saverio Mayer, President & Chief Executive Officer, Europe, MEA & APAC · Jairo Lorenzatto, President & Chief Executive Officer, LATAM · Irene Page, Group Chief Accounting Officer (Principal Accounting Officer)
The board of directors of WestRock was removed in connection with the Combination; former WestRock directors Colleen F. Arnold, Timothy J. Bernlohr, J. Powell Brown, Terrell K. Crews, Russell M. Currey, Suzan F. Harrison, Gracia C. Martore, James E. Nevels, E. Jean Savage, David Sewell, Dmitri L. Stockton and Alan D. Wilson ceased to serve as WestRock directors following the removal.
Irial Finan, Anne Anderson, Frits Beurskens, James Lawrence, Carol Fairweather, Jørgen Buhl Rasmussen, Lourdes Melgar, Kaisa Hietala and Mary Lynn Ferguson-McHugh resigned as members of the Smurfit Kappa board of directors.
the following individuals were appointed to serve on the Board of Directors until the next annual general meeting of the Company: · Alan D. Wilson · Carol Fairweather · Colleen F. Arnold · Dmitri L. Stockton · Irial Finan · Jørgen Buhl Rasmussen · Kaisa Hietala · Lourdes Melgar · Mary Lynn Ferguson-McHugh · Suzan F. Harrison · Timothy J. Bernlohr · Terrell K. Crews
The board of directors of WestRock was removed in connection with the Combination; former WestRock directors Colleen F. Arnold, Timothy J. Bernlohr, J. Powell Brown, Terrell K. Crews, Russell M. Currey, Suzan F. Harrison, Gracia C. Martore, James E. Nevels, E. Jean Savage, David Sewell, Dmitri L. Stockton and Alan D. Wilson ceased to serve as WestRock directors following the removal.
the following individuals were elected, effective as of July 5, 2024, as officers of Smurfit WestRock in each case until their successors are chosen and qualify in their stead or until their earlier death, resignation or removal: · Irial Finan, Chair · Anthony Smurfit, President and Group Chief Executive Officer (Principal Executive Officer) · Ken Bowles, Executive Vice President and Group Chief Financial Officer (Principal Financial Officer) · Laurent Sellier, President & Chief Executive Officer, North America (including Mexico) · Saverio Mayer, President & Chief Executive Officer, Europe, MEA & APAC · Jairo Lorenzatto, President & Chief Executive Officer, LATAM · Irene Page, Group Chief Accounting Officer (Principal Accounting Officer)
the following individuals were appointed to serve on the Board of Directors until the next annual general meeting of the Company: · Alan D. Wilson · Carol Fairweather · Colleen F. Arnold · Dmitri L. Stockton · Irial Finan · Jørgen Buhl Rasmussen · Kaisa Hietala · Lourdes Melgar · Mary Lynn Ferguson-McHugh · Suzan F. Harrison · Timothy J. Bernlohr · Terrell K. Crews
Max materiality 1.00 · Median 0.65 · Most common event earnings