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* THE VALUE IS THE MARKET VALUE AS OF THE LAST DAY OF THE QUARTER FOR WHICH THE 13F WAS FILED.
FUND | NUMBER OF SHARES | VALUE ($) | PUT OR CALL |
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DIRECTORS | AGE | BIO | OTHER DIRECTOR MEMBERSHIPS |
---|---|---|---|
Jamie A. Beggs Ms. Beggs currently serves as senior vice president and chief financial officer of Avient Corporation (NYSE: AVNT), an innovator of materials solutions, (2020-present). Prior to this role, Ms. Beggs served as senior vice president and chief financial officer at Hunt Consolidated, a diversified holding company, (2017-2019). Additional experience includes various roles at Celanese Corporation (NYSE: CE), a global chemical and specialty materials company (2007-2017). Board Qualifications As chief financial officer of a public company, Ms. Beggs oversees finance and investor relations, as well as, at times, information technology and corporate communications. At Avient Corporation, she also helps lead the organization through a strategy focused on long-term sales growth leveraging innovative and sustainable solutions, and growth into new end markets and geographies. Other Public Company Boards None Other Affiliations None Key Skills & Experience | |||
Jacqueline C. Hinman Ms. Hinman has been chief executive officer of Atlas Technical Consultants, a privately held company that provides professional testing, inspection, engineering, environmental and consulting services nationwide, since January 2024. Ms. Hinman worked as a senior operating consultant advising on improvement in the engineering infrastructure, environmental, energy and industry sectors (2017-2023). Prior to this role, Ms. Hinman served as chairman, president, and chief executive officer of CH2M HILL Companies, Ltd., a Fortune 500 engineering and consulting firm focused on delivering infrastructure, energy, environmental and industrial solutions for clients and communities around the world, until December 2017, when the firm was acquired by Jacobs Engineering. Prior to becoming chairman in September 2014 and president and chief executive officer in January 2014, Ms. Hinman served as president of CH2M’s International Division from 2011. She served on CH2M’s board of directors from 2008 through 2017. Board Qualifications As chief executive officer of Atlas and having served as chairman, president, and chief executive officer of CH2M HILL Companies, Ms. Hinman brings senior management and leadership capabilities to the Board, as well as an understanding of global manufacturing companies. Her experience in a global engineering consulting business also gives her unique knowledge of environmental and sustainability issues globally, as well as international operations and strategic planning expertise. Other Public Company Boards Dow Inc. (multinational chemical corporation) (NYSE: DOW) AECOM (infrastructure) (NYSE: ACM) (2019-2022) Other Affiliations Ms. Hinman previously served on the board of directors of Catalyst, a leading nonprofit organization accelerating progress for women through workplace inclusion. In addition, she previously served on the Executive Committee of the Business Roundtable, chairing its Infrastructure Committee, and was a member of the Business Council. Key Skills & Experience | |||
David A. Robbie Mr. Robbie joined the IP Board after serving on DS Smith's board of directors since 2019. During his time on the DS Smith board, Mr. Robbie was appointed as senior independent director and also served as chair and member of the DS Smith audit, nomination and remuneration committees. Mr. Robbie was the interim chairman, senior independent director and chair of the audit committee at FirstGroup plc, a British multinational transport group (2018-2021). He was previously Finance Director of Rexam PLC, a British- based multinational consumer packaging company (2005-2016). Prior to his role at Rexam, Mr. Robbie served in senior finance roles at BTR plc before becoming Group Finance Director at CMG plc in 2000 and then chief financial officer at Royal P&O Nedloyd N.V. in 2004. He served as a non-executive director of the BBC between 2006 and 2010 and as chair of their audit committee. Mr. Robbie qualified as a chartered accountant while at KPMG. Board Qualifications Mr. Robbie’s strong financial, risk management and corporate finance experience combined with his deep knowledge of DS Smith help maximize the best of International Paper and DS Smith. Additionally, his international and strategic mindset and practical governance experience with 25 years serving as a director on FTSE boards means that his skills and experience add depth to the Board’s discussions in these areas. Other Public Company Boards easyJet plc (British European airline group) (LSE: EZJ) Other Affiliations Mr. Robbie also serves on the Board of Trustees for Britten Pears Arts, a music, arts and heritage charity based on the Suffolk Coast in England (2008-present). Key Skills & Experience | |||
Clinton A. Lewis, Jr. Mr. Lewis has been chief executive officer of AgroFresh Solutions, Inc., a global leader in produce freshness solutions, since April 2021. From 2015 until February 2020, he served as executive vice president and group president of international operations, commercial development, lifecycle innovations, global genetics and PHARMAQ at Zoetis Inc., a NYSE-listed global leader in the discovery, development, manufacture and commercialization of animal health medicines and vaccines that was spun off by Pfizer in 2013. Prior to assuming that role, Mr. Lewis served as president of U.S. operations at Zoetis from 2015 to 2018 and president of international operations at Zoetis from 2013 to 2015. He joined Pfizer in 1988 in the human health pharmaceutical segment and held positions of increasing responsibility in various commercial operations and general management roles. Board Qualifications Mr. Lewis’ current role at AgroFresh Solutions, and his former roles at Zoetis, give him critical business insight into large, diversified companies with global operations. He brings to the Board experience in international operations for a U.S. multinational company manufacturing globally, knowledge and strategic planning expertise, and knowledge of geographic regions of key importance to the Company. Other Public Company Boards None Other Affiliations Mr. Lewis serves on the Executive Committee of the Board of Directors and as Treasurer of the International Fresh Produce Association (IFPA). Key Skills & Experience | |||
Anton V. Vincent Mr. Vincent has been President of Mars Wrigley North America, part of Mars, Incorporated, a global family-owned business with $50 billion in annual revenue and a diverse and expanding portfolio of category-leading snacking, food and petcare products and services, since 2019. Prior to joining Mars Wrigley in May 2019, Mr. Vincent served as chief executive officer at Greencore USA, a leading global manufacturer of convenience foods, from June through December 2018. Prior to Greencore, he spent much of his career with General Mills, holding various leadership roles including President of the Baking Division (2010 to 2012), President of the Frozen Frontier Division (2012 to 2014), and President of the U.S. Snacks Division (2014 to 2016). Board Qualifications As North America president for a large global company with over 20 years of senior leadership experience, Mr. Vincent brings a wealth of consumer insight, manufacturing perspectives, and branding and transformation knowledge to the Board, as well as deep enterprise leadership and marketing and strategic planning expertise. Other Public Company Boards None Other Affiliations None Key Skills & Experience | |||
Andrew K. Silvernail Andrew K. Silvernail joined International Paper as chief executive officer on May 1, 2024, and became chairman of the International Paper Board on October 1, 2024. Mr. Silvernail has two decades of experience leading global companies in the manufacturing and technology sectors. He joined IP from KKR & Co., Inc., a global investment firm, where he served as an executive advisor, and 5 Nails, LLC, a private investment advisory firm where he served as founder, chair and chief executive officer (2022-2024). Mr. Silvernail served as the chairman and chief executive officer of Madison Industries, one of the world’s largest privately held companies that owns and operates businesses across various sectors including filtration, medical and energy (2021). Prior to that, Mr. Silvernail served as chairman and chief executive officer of IDEX Corporation (NYSE: IEX) (2011-2020). Mr. Silvernail previously held executive positions at Rexnord Industries, Newell Rubbermaid (NASDAQ: NWL) and Danaher Corporation (NYSE: DHR). Board Qualifications Mr. Silvernail is a mission-focused leader with a bias for action. He has led large organizations with global operations, giving him a clear understanding and experience in navigating the issues facing our business. Mr. Silvernail’s skills and experience combined with his clear strategic mindset play a central role in International Paper’s transformational journey to become a global leader in sustainable packaging solutions. Other Public Company Boards Stryker Corporation (NYSE: SYK) Other Affiliations Mr. Silvernail serves on the board of directors of Potter Global Technologies, a privately held company specializing in fire and safety solutions. He also serves as chairman of the board of directors of Paws for Patrick, a nonprofit organization dedicated to improving the mental health of young people through emotional support animals. Key Skills & Experience | |||
Anders Gustafsson Mr. Gustafsson is chairman of Zebra Technologies Corporation, a publicly traded global leader in designing and marketing specialty printers, mobile computing, data capture, radio frequency identification products and real-time locating systems. Previously, he served as Zebra’s executive chair (2023-2024). From 2007 to 2023, Mr. Gustafsson served as chief executive officer of Zebra Technologies Corporation. Prior to that, Mr. Gustafsson served as chief executive officer of Spirent Communications plc, a publicly traded telecommunications company, from 2004 to 2007. Prior to Spirent, Mr. Gustafsson was a senior executive vice president, global business operations for Tellabs, Inc. Board Qualifications As chairman of Zebra Technologies Corporation and former chief executive officer of Zebra and Spirent Communications, Mr. Gustafsson brings significant international business experience and strong financial expertise to the Board. He provides a unique and valuable technology perspective, and his current and prior service on other public company boards further broadens his range of knowledge and allows him to draw on various perspectives and viewpoints. Other Public Company Boards Zebra Technologies (NASDAQ: ZBRA) NetApp (NASDAQ: NTAP) (a data infrastructure service provider) Dycom Industries (specialty contracting services throughout the U.S. and Canada) (NYSE: DY) (2013-2020) Other Affiliations Mr. Gustafsson serves as a trustee of the Shedd Aquarium. Key Skills & Experience | |||
Ahmet C. Dorduncu Mr. Dorduncu retired as chief executive officer of Akkök Group, a financial and industrial conglomerate located in Turkey, in December 2022, after serving in that position since 2013. Prior to that, Mr. Dorduncu served as chairman and chief executive officer of Sabanci Holding, another financial and industrial conglomerate located in Turkey, from 2005 to 2010. He also served from 2006 to 2010 as chairman of the board of Olmuksa, then an industrial packaging business joint venture between Sabanci Holding and International Paper. Sabanci Holding is the parent company of the Sabanci Group, a leading Turkish financial and industrial company. Board Qualifications As the retired CEO of Akkök Group and retired chairman and CEO of Sabanci Holding, two leading financial and industrial conglomerates, Mr. Dorduncu brings vast experience in international manufacturing operations and specific experience in industrial packaging. His knowledge of geographic regions of key importance to the Company brings even greater perspective to our Board. Other Public Company Boards None Other Affiliations Mr. Dorduncu is the Chair of the Turkish Network of the United Nations Global Compact. Key Skills & Experience |
Name and Principal Position | Year |
Salary
($) |
Bonus
($) |
Stock
Awards ($) |
Non-Equity
Incentive Compensation ($) |
Change in
($) |
All Other
Compensation ($) |
Total ($) |
||||||||||||||||||||||||
Andrew K. Silvernail CEO & Chairman of the Board (Principal Executive Officer effective May 1, 2024) |
2024 | 666,667 | — | 17,193,607 | 1,791,000 | — | 1,081,296 | 20,732,570 | ||||||||||||||||||||||||
— | — | — | — | — | — | — | — | |||||||||||||||||||||||||
— | — | — | — | — | — | — | — | |||||||||||||||||||||||||
Timothy S. Nicholls Senior Vice President and Chief Financial Officer; (Principal Financial Officer through April 1, 2025); Executive Vice President and President, DS Smith |
2024 | 801,250 | — | 2,886,532 | 1,516,080 | — | 138,008 | 5,341,870 | ||||||||||||||||||||||||
2023 | 775,000 | — | 2,813,803 | 181,400 | — | 173,253 | 3,943,456 | |||||||||||||||||||||||||
2022 | 770,833 | — | 2,950,892 | 253,600 | — | 219,683 | 4,195,008 | |||||||||||||||||||||||||
W. Thomas Hamic Executive Vice President and President, North American Packaging Solutions |
2024 | 675,000 | — | 3,966,737 | 1,104,460 | — | 75,821 | 5,822,018 | ||||||||||||||||||||||||
2023 | 600,000 | — | 2,328,651 | 113,300 | 213,997 | 86,817 | 3,342,765 | |||||||||||||||||||||||||
2022 | 516,667 | 25,000 | 1,079,615 | 150,900 | — | 92,075 | 1,864,257 | |||||||||||||||||||||||||
Clayton R. Ellis Senior Vice President Global Cellulose Fibers |
2024 | 545,833 | — | 1,903,173 | 850,730 | — | 61,594 | 3,361,330 | ||||||||||||||||||||||||
— | — | — | — | — | — | — | — | |||||||||||||||||||||||||
— | — | — | — | — | — | — | — | |||||||||||||||||||||||||
James P. Royalty, Jr. Senior Vice President, Containerboard & Recycling |
2024 | 556,667 | — | 1,903,173 | 805,950 | — | 78,803 | 3,344,593 | ||||||||||||||||||||||||
— | — | — | — | — | — | — | — | |||||||||||||||||||||||||
— | — | — | — | — | — | — | — | |||||||||||||||||||||||||
Mark S. Sutton Former CEO & Chairman of the Board (Principal Executive Officer through April 30, 2024) |
2024 | 1,396,465 | — | 10,695,459 | 2,921,660 | — | 279,779 | 15,293,363 | ||||||||||||||||||||||||
2023 | 1,450,000 | — | 10,551,707 | 493,700 | — | 350,119 | 12,845,526 | |||||||||||||||||||||||||
2022 | 1,450,000 | — | 11,065,795 | 689,500 | — | 449,457 | 13,654,752 |
Customers
Suppliers
Price
Yield
Owner | Position | Direct Shares | Indirect Shares |
---|---|---|---|
Sutton Mark S | - | 565,852 | 93 |
Nicholls Timothy S | - | 129,261 | 6,330 |
Hamic William Thomas | - | 99,211 | 1,048 |
Ellis Clay R | - | 68,632 | 18,005 |
SULLIVAN KATHRYN D | - | 37,145 | 0 |
Goughnour Holly G. | - | 31,525 | 6,935 |
Roman Joy | - | 29,814 | 0 |
Magness Allison B. | - | 21,055 | 8,923 |
PLATH THOMAS J. | - | 20,402 | 10,028 |
Saab Joseph R. | - | 18,668 | 13,376 |
Ellis Clay R | - | 18,270 | 11,207 |
Gregg Aimee K. | - | 15,919 | 5,917 |
PLATH THOMAS J. | - | 13,171 | 10,236 |
Goughnour Holly G. | - | 8,219 | 5,634 |
ROBBIE DAVID A. | - | 4,920 | 0 |
Saab Joseph R. | - | 1,671 | 11,127 |