01—Abstract
Summary
Summary of the 8-K filed February 16, 2024. Cited figures are marked; the original filing is the authoritative source.
International Paper Company filed a Current Report on Form 8-K under Item 5.02, which covers departures of directors and certain officers.
The filing reports that Raymond G. Young, a member of the Board of Directors, informed the Company on February 12, 2024, of his intention not to stand for re-election at the Company's May 2024 annual meeting of stockholders. The filing states that Mr. Young's decision is not due to any disagreement with the Company on any matter relating to its operations, policies or practices.
The Board thanked him for his service and contributions during his tenure. The filing does not describe any other board or officer changes, financial results, or compensatory arrangements.
02—Key points
Key Highlights
- Director Raymond G. Young informed the Company on February 12, 2024, that he will not stand for re-election at the May 2024 annual meeting of stockholders.
- The filing states that Mr. Young's decision is not due to any disagreement with the Company on its operations, policies or practices.
- The Board thanked Mr. Young for his service and contributions to the Company during his tenure.
- The announcement will result in a board vacancy at the May 2024 annual meeting, as Mr. Young's term ends with that meeting.
- The filing was made under Section 5, Item 5.02 (Departure of Directors or Certain Officers) and contains no financial figures.
03—Questions
Frequently Asked Questions
Who is leaving the International Paper board, and when?
Raymond G. Young, a member of the Board of Directors, informed the Company on February 12, 2024, that he does not intend to stand for re-election at the May 2024 annual meeting of stockholders.
Was Mr. Young's departure the result of a disagreement with the Company?
No. The filing states that his decision is not due to any disagreement with the Company on any matter relating to its operations, policies or practices.
Does this filing involve any financial results or guidance?
No. The filing is limited to the board departure disclosure and does not report financial results, guidance or other financial figures.
Does the filing mention a replacement director or compensation changes?
The filing does not mention a replacement director, a new appointment, or any compensatory arrangements.
04—Continue