International Paper Announces Board and Executive Changes
Ticker: INPAP · Form: 8-K · Filed: Sep 10, 2024 · CIK: 51434
| Field | Detail |
|---|---|
| Company | International Paper Co /New/ (INPAP) |
| Form Type | 8-K |
| Filed Date | Sep 10, 2024 |
| Risk Level | low |
| Pages | 2 |
| Reading Time | 2 min |
| Key Dollar Amounts | $1 |
| Sentiment | neutral |
Sentiment: neutral
Topics: governance, executive-compensation, board-changes
Related Tickers: IP
TL;DR
IP's board is shuffling, exec pay plans updated. Watch for strategic shifts.
AI Summary
International Paper Company announced on September 10, 2024, changes in its board of directors and executive compensation arrangements. The filing details the departure of certain officers and the election of new directors, alongside updates to compensatory plans for key executives.
Why It Matters
Changes in board composition and executive compensation can signal shifts in company strategy, governance, or future performance expectations.
Risk Assessment
Risk Level: low — This filing primarily concerns corporate governance and executive compensation, which typically have a low direct impact on immediate operational risk.
Key Players & Entities
- International Paper Company (company) — Registrant
- New York (jurisdiction) — State of incorporation
- 13-0872805 (identifier) — I.R.S. Employer Identification No.
- 6400 Poplar Avenue, Memphis, Tennessee 38197 (address) — Principal Executive Offices
- September 10, 2024 (date) — Date of Report
FAQ
What specific roles have been affected by the departure of certain officers?
The filing indicates changes related to the departure of directors or certain officers, but does not specify the exact roles affected in this section.
Who are the newly elected directors?
The filing mentions the election of directors but does not list their names in the provided text.
What are the key details of the updated compensatory arrangements?
The filing notes updates to compensatory arrangements for certain officers but does not provide specific details on these arrangements.
What is the primary reason for this 8-K filing?
This 8-K filing is primarily to report on the departure of directors or certain officers, the election of directors, and changes in compensatory arrangements of certain officers.
When was the earliest event reported in this filing?
The earliest event reported in this filing occurred on September 10, 2024.
Filing Stats: 535 words · 2 min read · ~2 pages · Grade level 10.1 · Accepted 2024-09-10 17:00:30
Key Financial Figures
- $1 — nge on which registered Common Stock, $1 per share par value IP New York Sto
Filing Documents
- d829804d8k.htm (8-K) — 26KB
- d829804dex991.htm (EX-99.1) — 7KB
- g829804g0910001155820.jpg (GRAPHIC) — 2KB
- g829804g0910001155955.jpg (GRAPHIC) — 1KB
- 0001193125-24-216681.txt ( ) — 155KB
- ip-20240910.xsd (EX-101.SCH) — 3KB
- ip-20240910_lab.xml (EX-101.LAB) — 17KB
- ip-20240910_pre.xml (EX-101.PRE) — 11KB
- d829804d8k_htm.xml (XML) — 3KB
Financial Statements and Exhibits
Financial Statements and Exhibits Exhibit No. Description 99.1 Press Release of International Paper Company dated September 10, 2024. 104 Cover Page Interactive Data File (embedded within the Inline XBRL document). 2
SIGNATURES
SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, as amended, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. INTERNATIONAL PAPER COMPANY Date: September 10, 2024 By: /s/ Joseph R. Saab Name: Joseph R. Saab Title: Senior Vice President, General Counsel and Corporate Secretary 3