Flash FinanceUS
Market closed · weekend S&P 5007,376.86+0.31% Nasdaq24,579.42+1.09% Dow 3051,285.73-0.46% Russell 20002,754.11+0.89% Nasdaq-10026,989.99+1.35% MidCap 4003,602.50+0.56% SmallCap 6001,673.98+0.05% VIX25.64-9.01% 10Y Yield4.86+0.45% Close of Nov 06, 2026
AI brief of an SEC Form 8-K · International Paper (IP)

International Paper names Lance Loeffler CFO, Tim Nicholls to lead DS Smith unit

Neutral Impact 4 of 5 leadership Written later

International Paper appointed Lance Loeffler, formerly of Halliburton, as senior vice president and chief financial officer, effective April 1, 2025, succeeding Timothy Nicholls, who becomes executive vice president and president of DS Smith, a newly created role leading the company's Europe, Middle East and Africa business. For shareholders, the change brings a new CFO and a dedicated leader for the EMEA region, which the filing says will oversee integration of DS Smith.

Key points

  • Lance Loeffler, 48, becomes CFO effective April 1, 2025, with an annual base salary of $850,000 and a target bonus of 100% of base salary
  • Loeffler receives a one-time inducement RSU grant valued at $1,700,000 and a 2025 PSU grant valued at $3,500,000
  • Timothy Nicholls, 63, becomes executive vice president and president of DS Smith, effective April 1, 2025, reporting to CEO Andrew Silvernail

The filing

CompanyInternational Paper (IP)
Form8-K, current report
Filed with the SECFeb 28, 2025, 6:05 AM ET
Accession number0001193125-25-040518

Items reported: 5.02 Director / Officer Change8.01 Other Events

Read the filing on SEC.gov ↗

Written by AI (Anthropic Claude, claude-haiku-5-5) on Nov 8, 2026, 12:42 AM ET, from the text of the filing and its press-release exhibits only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on February 28, 2025.

Briefs are written by AI from the filing text (each brief's own page names the model) and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the model's reading of the filing for shareholders, not a price forecast. Not investment advice.