NYSE
8 days, 19 hours ago 
SLVM
Sylvamo CORP
Form 4: Sylvamo CFO Donald Devlin Awarded Over 18,500 Restricted Stock Units in Equity Grant
Sylvamo Corp's Senior Vice President and Chief Financial Officer, Donald P. Devlin, was granted 18,565 restricted stock units (RSUs) as part of an equity compensation plan, vesting over three years.
NYSE
8 days, 19 hours ago 
SLVM
Sylvamo CORP
Form 4: Sylvamo Executive Shawn Lawson Granted Over 14,500 Restricted Stock Units
Sylvamo Corp's SVP and General Manager for Europe, Shawn Lawson, has been granted 14,532 Restricted Stock Units (RSUs) as part of his compensation, aligning his interests with long-term shareholder value.
NYSE
8 days, 19 hours ago 
SLVM
Sylvamo CORP
Form 4: Sylvamo Corp. COO John V. Sims Granted Restricted Stock Units
Sylvamo Corp.'s SVP & Chief Operating Officer, John V. Sims, was granted 505 time-based restricted stock units, vesting over three years, as part of his compensation.
NYSE
8 days, 19 hours ago 
SLVM
Sylvamo CORP
Form 4: Sylvamo Corp Executive Granted Restricted Stock Units as Part of Compensation
Kevin W. Ferguson, VP, Controller, and Chief Accounting Officer of Sylvamo Corp, was granted 1,611 time-based restricted stock units (RSUs) on June 1, 2025, as part of his compensation.
NYSE
8 days, 19 hours ago 
SLVM
Sylvamo CORP
Form 4: Sylvamo Executive Granted Over 8,400 Restricted Stock Units, Aligning Long-Term Incentives
Sylvamo Corp's SVP & GM of Latin America, Tatiana Kalman Hirschfeld, was granted 8,401 time-based restricted stock units, aligning executive incentives with long-term company performance.
NYSE
8 days, 19 hours ago 
SLVM
Sylvamo CORP
Form 4: Sylvamo Executive Rodrigo Davoli Granted Over 12,000 Restricted Stock Units
Sylvamo Corp's SVP & GM, North America, Rodrigo Davoli, was granted 12,083 time-based restricted stock units, vesting in 2028.
NYSE
26 days, 16 hours ago 
SLVM
Sylvamo CORP
Form 4: Sylvamo Corp Director James P. Zallie Acquires Restricted Stock Units
Director James P. Zallie acquired 2,655 restricted stock units (RSUs) of Sylvamo Corp on May 15, 2025, as compensation for board service.
NYSE
26 days, 16 hours ago 
SLVM
Sylvamo CORP
Form 4: Sylvamo Corp Director Mark Wilde Acquires Restricted Stock Units
Director Mark Wilde acquired 2,655 restricted stock units (RSUs) of Sylvamo Corp on May 15, 2025, for service as a director.
NYSE
26 days, 16 hours ago 
SLVM
Sylvamo CORP
Form 4: Sylvamo Corp Director Acquires Shares Through Restricted Stock Units
Director David D. Petratis acquired 5,221 shares of Sylvamo Corp common stock through restricted stock units (RSUs) on May 15, 2025.
NYSE
26 days, 16 hours ago 
SLVM
Sylvamo CORP
Form 4: Sylvamo Corp Director Karl L. Meyers Acquires Shares Through Restricted Stock Units
Director Karl L. Meyers acquired 4,425 shares of Sylvamo Corp common stock through restricted stock units (RSUs) on May 15, 2025.
NYSE
26 days, 16 hours ago 
SLVM
Sylvamo CORP
Form 4: Sylvamo Corp Director Joia M. Johnson Reports Acquisition of Common Stock
Director Joia M. Johnson reports acquisition of 2,655 shares of Sylvamo Corp common stock at $56.51 per share, bringing total holdings to 12,829 shares.
NYSE
26 days, 16 hours ago 
SLVM
Sylvamo CORP
Form 4: Sylvamo Corp Director Lizanne C. Gottung Acquires Shares Through Restricted Stock Units
Director Lizanne C. Gottung acquired 2,655 shares of Sylvamo Corp through restricted stock units (RSUs) granted for her service as a director.
NYSE
26 days, 16 hours ago 
SLVM
Sylvamo CORP
Form 4: Sylvamo Corp Director Jeanmarie F. Desmond Reports Acquisition of Restricted Stock Units
Director Jeanmarie F. Desmond acquired 2,655 restricted stock units (RSUs) of Sylvamo Corp on May 15, 2025, for service as a director.
NYSE
26 days, 16 hours ago 
SLVM
Sylvamo CORP
Form 4: Sylvamo Corp Director Stanley A. Askren Acquires Shares Through Restricted Stock Units
Director Stanley A. Askren acquired 2,655 shares of Sylvamo Corp common stock through restricted stock units.
NYSE
26 days, 16 hours ago 
SLVM
Sylvamo CORP
Form 4: Sylvamo Corp Director Christine S. Breves Acquires 2,655 Shares of Common Stock
Director Christine S. Breves acquired 2,655 shares of Sylvamo Corp common stock on May 15, 2025, as part of a restricted stock unit grant.
NYSE
26 days, 16 hours ago 
SLVM
Sylvamo CORP
8-K: Sylvamo Corp. Amends and Restates By-Laws, Holds Annual Meeting
Sylvamo Corporation's Board of Directors adopted the Second Amended and Restated By-Laws, effective immediately, and held its annual meeting of stockholders on May 15, 2025.
NYSE
33 days, 15 hours ago 
SLVM
Sylvamo CORP
10-Q: Sylvamo Corporation Reports Q1 2025 Results: Sales Decline, Earnings Per Share Fall
Sylvamo Corporation's Q1 2025 net income decreased to $27 million ($0.65 per diluted share) from $43 million ($1.02 per diluted share) in Q1 2024, with net sales declining to $821 million from $905 million.
Worse than expected
 
NYSE
33 days, 23 hours ago 
SLVM
Sylvamo CORP
8-K: Sylvamo Reports First Quarter 2025 Results, Aligns with Expectations Amid Leadership Transition
Sylvamo Corporation (NYSE: SLVM) announces its first quarter 2025 financial results, reporting net income of $27 million and adjusted EBITDA of $90 million, while also navigating leadership changes and preparing for a heavier maintenance outage schedule in the second quarter.
NYSE
41 days, 18 hours ago 
SLVM
Sylvamo CORP
Form 4: Sylvamo Corp Executive Patrick Wilczynski Reports Acquisition of Dividend Equivalent Units
SVP of Operational Excellence at Sylvamo Corp, Patrick Wilczynski, reports acquiring dividend equivalent units related to previously granted restricted stock units.
NYSE
41 days, 18 hours ago 
SLVM
Sylvamo CORP
Form 4: Sylvamo Corp Executive Vargas Acquires Dividend Equivalent Units
Marcia Vargas, SVP & Chief People Officer of Sylvamo Corp, reports the acquisition of dividend equivalent units related to previously granted restricted stock units.
NYSE
41 days, 18 hours ago 
SLVM
Sylvamo CORP
Form 4: Sylvamo Corp SVP Oliver Taudien Reports Acquisition of Dividend Equivalent Units
Sylvamo Corp's SVP, Oliver Taudien, reports the acquisition of dividend equivalent units related to previously granted restricted stock units.
NYSE
41 days, 18 hours ago 
SLVM
Sylvamo CORP
Form 4: Sylvamo Corp CEO Jean-Michel Ribieras Reports Dividend Equivalent Units Acquisition
Jean-Michel Ribieras, Chairman and CEO of Sylvamo Corp, reports the acquisition of dividend equivalent units related to previously granted restricted stock units.
NYSE
41 days, 18 hours ago 
SLVM
Sylvamo CORP
Form 4: Sylvamo Corp Executive John V. Sims Reports Acquisition of Dividend Equivalent Units
John V. Sims, SVP & Chief Operating Officer of Sylvamo Corp, reports the acquisition of dividend equivalent units related to previously granted restricted stock units.
NYSE
41 days, 18 hours ago 
SLVM
Sylvamo CORP
Form 4: Sylvamo Corp Executive Tatiana Kalman Hirschfeld Reports Acquisition of Dividend Equivalent Units
Tatiana Kalman Hirschfeld, SVP & GM, Latin America at Sylvamo Corp, reports the acquisition of dividend equivalent units related to previously granted restricted stock units.
NYSE
41 days, 18 hours ago 
SLVM
Sylvamo CORP
Form 4: Sylvamo Corp Executive Kevin W. Ferguson Reports Acquisition of Dividend Equivalent Units
Kevin W. Ferguson, VP, Controller, and Chief Accounting Officer of Sylvamo Corp, reports the acquisition of dividend equivalent units related to previously granted restricted stock units.
NYSE
41 days, 18 hours ago 
SLVM
Sylvamo CORP
Form 4: Sylvamo Corp Executive Rodrigo Davoli Reports Acquisition of Dividend Equivalent Units
Rodrigo Davoli, SVP & GM of North America at Sylvamo Corp, reports the acquisition of dividend equivalent units related to previously granted restricted stock units.
NYSE
41 days, 18 hours ago 
SLVM
Sylvamo CORP
Form 4: Sylvamo Corp Executive Matthew Barron Reports Acquisition of Dividend Equivalent Units
Matthew Barron, SVP, Chief Admin & Legal at Sylvamo Corp, reports the acquisition of dividend equivalent units related to previously granted restricted stock units.
NYSE
41 days, 18 hours ago 
SLVM
Sylvamo CORP
Form 4: Sylvamo Corp Director Jonathan Paul Rollinson Reports Acquisition of Deferred Stock Units
Director Jonathan Paul Rollinson reports acquisition of deferred stock units in Sylvamo Corp due to dividend declaration.
NYSE
41 days, 18 hours ago 
SLVM
Sylvamo CORP
Form 4: Sylvamo Corp Director James P. Zallie Reports Dividend Equivalent Units Acquisition
Director James P. Zallie reports acquisition of dividend equivalent units related to restricted stock units.
NYSE
41 days, 18 hours ago 
SLVM
Sylvamo CORP
Form 4: Sylvamo Corp Director David D. Petratis Reports Acquisition of Deferred Stock Units
Director David D. Petratis acquired deferred stock units in Sylvamo Corp due to a dividend declared on common stock.
NYSE
41 days, 18 hours ago 
SLVM
Sylvamo CORP
Form 4: Sylvamo Corp Director Mark Wilde Reports Acquisition of Dividend Equivalent Units
Director Mark Wilde reports acquiring dividend equivalent units related to restricted stock units and deferred stock units.
NYSE
41 days, 18 hours ago 
SLVM
Sylvamo CORP
Form 4: Karl L. Meyers Reports Acquisition of Deferred Stock Units in Sylvamo Corp
Director Karl L. Meyers reports the acquisition of deferred stock units in Sylvamo Corp due to a dividend declaration.
NYSE
41 days, 18 hours ago 
SLVM
Sylvamo CORP
Form 4: Sylvamo Corp Director Gottung Acquires Dividend Equivalent Units
Director Lizanne C. Gottung reports acquisition of dividend equivalent units related to previously granted stock units.
NYSE
41 days, 18 hours ago 
SLVM
Sylvamo CORP
Form 4: Director Joia M. Johnson Acquires Deferred Stock Units in Sylvamo Corp (SLVM) Due to Dividend Declaration
Joia M. Johnson, a director of Sylvamo Corp, acquired deferred stock units (DSUs) as a result of a dividend declared on the company's common stock.
NYSE
41 days, 18 hours ago 
SLVM
Sylvamo CORP
Form 4: Director Jeanmarie F. Desmond Acquires Deferred Stock Units in Sylvamo Corp (SLVM)
Jeanmarie F. Desmond, a director of Sylvamo Corp, reports the acquisition of deferred stock units (DSUs) related to a dividend declared on common stock.
NYSE
41 days, 18 hours ago 
SLVM
Sylvamo CORP
Form 4: Sylvamo Corp Director Christine S. Breves Reports Acquisition of Deferred Stock Units and Dividend Equivalent Units
Director Christine S. Breves reports acquisition of deferred stock units and dividend equivalent units related to Sylvamo Corp common stock.
NYSE
41 days, 18 hours ago 
SLVM
Sylvamo CORP
Form 4: Sylvamo Corp Director Stanley A. Askren Acquires Deferred Stock Units
Director Stanley A. Askren acquired deferred stock units in Sylvamo Corp due to a dividend declared on common stock.
NYSE
56 days, 17 hours ago 
SLVM
Sylvamo CORP
DEFA14A: Sylvamo Announces CEO Transition: Jean-Michel Ribiras to Retire, John Sims Appointed COO and Future CEO
Sylvamo Corporation announces the retirement of Chairman and CEO Jean-Michel Ribiras, effective December 31, 2025, and the appointment of John Sims as Chief Operating Officer, set to become the next CEO on January 1, 2026.
NYSE
56 days, 21 hours ago 
SLVM
Sylvamo CORP
8-K: Sylvamo Announces CEO Succession Plan: John Sims to Succeed Jean-Michel Ribiras in 2026
Sylvamo Corporation announces that Jean-Michel Ribiras will retire as CEO on December 31, 2025, with John Sims succeeding him on January 1, 2026, and Don Devlin appointed as the new CFO, effective May 1, 2025.
NYSE
68 days, 17 hours ago 
SLVM
Sylvamo CORP
DEFA14A: Sylvamo Corporation Sets Date for Annual Stockholders Meeting, Outlines Key Proposals
Sylvamo Corporation will hold its annual meeting of stockholders on May 15, 2025, featuring proposals for director elections, auditor ratification, and executive compensation approval.
SLVM 
Sylvamo CORP 
NYSE

8-K: Sylvamo Announces CEO Succession Plan: John Sims to Succeed Jean-Michel Ribiras in 2026

Sentiment:
 Corporate Officer Change Announcement
 16 April 2025 9:01 AM

Sylvamo Corporation announces that Jean-Michel Ribiras will retire as CEO on December 31, 2025, with John Sims succeeding him on January 1, 2026, and Don Devlin appointed as the new CFO, effective May 1, 2025.

Summary
  • Sylvamo Corporation announced a CEO succession plan on April 15, 2025.
  • Jean-Michel Ribiras will retire as CEO on December 31, 2025.
  • John Sims, currently Senior Vice President and Chief Financial Officer, will become Chief Operating Officer on May 1, 2025, and then CEO on January 1, 2026.
  • Don Devlin will become Senior Vice President and Chief Financial Officer on May 1, 2025.
  • Mr. Devlin's annual base salary will be $540,000.
  • Mr. Devlin will receive a one-time award of time-based restricted stock units (RSUs) with a value of $510,000.
  • Mr. Devlin will participate in the 2025 Annual Incentive Plan with a target award of 75% of base salary, prorated to 50% for 2025.
  • Mr. Devlin will receive an award under the 2025 Long-Term Incentive Plan with a target value of $1,239,000.
  • Sylvamo's net sales for 2024 were $3.8 billion.
Sentiment

Score: 8

Explanation: The announcement is positive, highlighting a planned leadership transition with experienced individuals stepping into key roles. The company expresses confidence in its future performance.

Positives
  • The CEO succession plan provides clarity and continuity for Sylvamo's leadership.
  • John Sims's experience within Sylvamo and International Paper positions him well to lead the company.
  • Don Devlin brings extensive international leadership experience to the CFO role.
  • The compensation package for Don Devlin includes a base salary, sign-on RSUs, and participation in incentive plans.
Risks
  • The transition in leadership could create uncertainty in the short term.
  • The company's performance is subject to risks and uncertainties outlined in its SEC filings.
Future Outlook

The company is well positioned to continue to succeed under John's leadership as he has been key to Sylvamo's performance.

Management Comments
  • David Petratis, lead independent director, expressed gratitude for Jean-Michel Ribiras's leadership and confidence in John Sims.
  • Jean-Michel Ribiras expressed pride in Sylvamo's accomplishments and confidence in John Sims's future leadership.
Industry Context

This announcement reflects typical executive transitions within large corporations, particularly following spin-offs. The company is ensuring a smooth transition by appointing internal candidates with extensive experience.

Comparison to Industry Standards
  • Executive compensation packages, including base salary, RSUs, and incentive plans, are generally in line with industry standards for companies of Sylvamo's size and scope.
  • Succession planning is a common practice among publicly traded companies to ensure business continuity and stability for investors.
  • Comparable companies such as Domtar, Resolute Forest Products, and Smurfit Kappa also undergo similar executive transitions and compensation practices.
Stakeholder Impact
  • Shareholders: The succession plan aims to ensure stability and continued success for the company.
  • Employees: The announcement provides clarity on the future leadership and direction of the company.
  • Customers and Suppliers: The leadership transition is expected to be seamless, with no immediate impact on business operations.
Next Steps
  • John Sims will transition to Chief Operating Officer on May 1, 2025.
  • Don Devlin will assume the role of Chief Financial Officer on May 1, 2025.
  • John Sims will become Chief Executive Officer on January 1, 2026.
  • The Board will determine and approve the terms of Mr. Sims's compensation as Chief Executive Officer prior to December 31, 2025.
Key Dates
  • April 4, 2025: Date of Sylvamo's definitive proxy statement filed with the SEC.
  • April 15, 2025: Jean-Michel Ribiras notified the Board of his decision to retire.
  • April 16, 2025: Sylvamo issued a press release announcing the CEO succession plan and appointments.
  • May 1, 2025: John Sims becomes Chief Operating Officer and Don Devlin becomes Chief Financial Officer.
  • May 15, 2025: Sylvamo's 2025 Annual Meeting of Shareowners.
  • June 1, 2025: Grant date of Mr. Devlin's sign-on RSUs and 2025 Long-Term Incentive Plan Award.
  • December 31, 2025: Effective date of Jean-Michel Ribiras's retirement.
  • January 1, 2026: John Sims becomes Chief Executive Officer.
Keywords
CEO succession, Chief Executive Officer, Chief Financial Officer, leadership change, Sylvamo, John Sims, Don Devlin, Jean-Michel Ribiras, paper industry, appointment, retirement
SLVM 
Sylvamo CORP 
NYSE
Sector: TBD
 
Filings with Classifications
Worse than expected
9 May 2025 2:54 PM
Quarterly Report
  • Net income decreased from $43 million to $27 million.
  • Net sales decreased from $905 million to $821 million.
  • Adjusted EBITDA decreased from $118 million to $90 million.
Better than expected
4 April 2025 9:18 AM
Proxy Statement
  • The company exceeded its Project Horizon cost reduction target by $34 million.
  • The company achieved $632 million in Adjusted EBITDA and $248 million in Free Cash Flow.
  • The company's TSR ranked at the 93rd percentile of the selected peer companies resulting in a 200% maximum performance achievement.
Better than expected
12 February 2025 7:19 AM
Earnings Release
  • The company's full-year 2024 net income and adjusted operating earnings increased compared to 2023.
  • Adjusted EBITDA reached $632 million with a 17% margin, up from $607 million with a 16% margin in 2023.
  • The company achieved $144 million in run rate savings through Project Horizon, exceeding the $110 million goal.
Better than expected
12 November 2024 2:41 PM
Quarterly Report
  • The company's net income, net sales, and earnings per share all showed significant improvements compared to the same period last year, indicating better than expected results.
Better than expected
12 November 2024 7:10 AM
Quarterly Report
  • The company's third-quarter results exceeded expectations with higher net income, adjusted operating earnings, and free cash flow compared to the previous quarter.
Better than expected
9 August 2024 12:27 PM
Quarterly Report
  • The company's second quarter net income of $83 million was significantly higher than the $49 million reported in the same period last year.
  • The company's adjusted EBITDA of $164 million was significantly higher than the $124 million reported in the same period last year.
  • The company's free cash flow of $62 million was significantly higher than the $33 million reported in the same period last year.
Better than expected
9 August 2024 7:18 AM
Quarterly Report
  • The company's net income, adjusted EBITDA, and free cash flow all significantly exceeded the previous quarter's results.
  • The company's performance was better than expected due to improved price and mix, increased volume, and lower operating costs.
Worse than expected
10 May 2024 12:47 PM
Quarterly Report
  • The company's net income, net sales, adjusted EBITDA, and free cash flow were all significantly lower in the first quarter of 2024 compared to the first quarter of 2023.
Worse than expected
21 February 2024 1:04 PM
Annual Results
  • Net income from continuing operations decreased from $336 million in 2022 to $253 million in 2023.
  • Adjusted EBITDA decreased from $721 million in 2022 to $607 million in 2023.
  • Adjusted EBITDA margin decreased from 19.9% in 2022 to 16.3% in 2023.
Worse than expected
15 February 2024 7:16 AM
Quarterly Report
  • The fourth quarter results showed a decrease in net income and adjusted EBITDA compared to the third quarter, indicating worse performance.

Disclaimer: This summary was generated by artificial intelligence and its accuracy is not guaranteed. The information provided here is for general informational purposes only and does not constitute financial advice, recommendation, or endorsement of any kind. It may contain errors or omissions. You should not rely on this information to make financial decisions. Always seek the advice of a qualified financial professional before making any investment or financial decisions. Use of this information is at your own risk.