Sylvamo Corp Announces Director Departure, Officer Appointment

Ticker: SLVM · Form: 8-K · Filed: 2025-04-16T00:00:00.000Z

Sentiment: neutral

Topics: management-change, executive-compensation, board-of-directors

Related Tickers: SLVM

TL;DR

SLVM board shakeup: director out, new officer in, comp plans updated.

AI Summary

On April 15, 2025, Sylvamo Corporation (NYSE: SLVM) filed an 8-K report detailing changes in its board of directors and executive compensation. The filing includes the departure of a director and the appointment of a new officer, along with updates to compensatory arrangements for certain key executives. Specific details regarding the financial impact of these changes were not immediately disclosed in the provided excerpt.

Why It Matters

Changes in board composition and executive compensation can signal shifts in company strategy or governance, potentially impacting investor confidence and future performance.

Risk Assessment

Risk Level: medium — Changes in executive and board positions can introduce uncertainty regarding future strategy and leadership effectiveness.

Key Numbers

Key Players & Entities

FAQ

Who departed from Sylvamo Corporation's board or officer positions?

The filing indicates the departure of a director and the appointment of a new officer.

What is the exact date of the earliest event reported in this 8-K?

The date of the earliest event reported is April 15, 2025.

What is Sylvamo Corporation's state of incorporation?

Sylvamo Corporation is incorporated in Delaware.

What are the principal executive offices of Sylvamo Corporation?

The principal executive offices are located at 6077 Primacy Parkway, Memphis, Tennessee 38119.

What specific compensatory arrangements were updated for certain officers?

The filing mentions updates to compensatory arrangements for certain officers, but specific details are not provided in the excerpt.

From the Filing

0001193125-25-082221.txt : 20250416 0001193125-25-082221.hdr.sgml : 20250416 20250416090136 ACCESSION NUMBER: 0001193125-25-082221 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 15 CONFORMED PERIOD OF REPORT: 20250415 ITEM INFORMATION: Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers: Compensatory Arrangements of Certain Officers ITEM INFORMATION: Regulation FD Disclosure ITEM INFORMATION: Financial Statements and Exhibits FILED AS OF DATE: 20250416 DATE AS OF CHANGE: 20250416 FILER: COMPANY DATA: COMPANY CONFORMED NAME: Sylvamo Corp CENTRAL INDEX KEY: 0001856485 STANDARD INDUSTRIAL CLASSIFICATION: PAPER MILLS [2621] ORGANIZATION NAME: 04 Manufacturing EIN: 862596371 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 001-40718 FILM NUMBER: 25841344 BUSINESS ADDRESS: STREET 1: 6077 PRIMACY PARKWAY CITY: MEMPHIS STATE: TN ZIP: 38119 BUSINESS PHONE: 901-519-8000 MAIL ADDRESS: STREET 1: 6077 PRIMACY PARKWAY CITY: MEMPHIS STATE: TN ZIP: 38119 8-K 1 d927505d8k.htm 8-K 8-K Sylvamo Corp false 0001856485 0001856485 2025-04-15 2025-04-15     UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549     FORM 8-K     CURRENT REPORT Pursuant to Section 13 OR 15(d) of The Securities Exchange Act of 1934 Date of Report (Date of earliest event reported): April 15, 2025     SYLVAMO CORPORATION (Exact name of registrant as specified in its charter)       Delaware   001-40718   86-2596371 (State or other jurisdiction of incorporation)   (Commission File Number)   (I.R.S. Employer Identification No.)   6077 Primacy Parkway , Memphis , Tennessee   38119 (Address of Principal Executive Offices)   (Zip Code) Registrant’s telephone number, including area code: (901) 519-8000     Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):   ☐ Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)   ☐ Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)   ☐ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))   ☐ Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c)) Securities registered pursuant to Section 12(b) of the Act:   Title of each class   Trading Symbol(s)   Name of each exchange on which registered Common Stock, $1 per share par value   SLVM   New York Stock Exchange Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter). Emerging growth company ☐ If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐       Item 5.02. Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers. Chief Executive Officer Succession On April 15, 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 (“Effective Date”). Mr. Ribiéras’ decision to retire is not due to any disagreement with Sylvamo, management or the Board or any committee thereof

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