Form 8-K

 

 

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): May 7, 2018

 

 

International Paper Company

(Exact name of registrant as specified in its charter)

 

 

Commission file number 1-3157

 

New York     13-0872805
(State or other jurisdiction of incorporation)     (IRS Employer Identification No.)
6400 Poplar Avenue, Memphis, Tennessee     38197
(Address of principal executive offices)     (ZIP Code)

Registrant’s telephone number, including area code: (901) 419-7000

 

 

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:

 

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))

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.  ☐

 

 

 


SECTION 5. CORPORATE GOVERNANCE AND MANAGEMENT.

Item 5.07. Submission of Matters to a Vote of Security Holders.

(a) International Paper Company (the “Company”) held its annual meeting of shareowners on May 7, 2018.

(b) Of the 414,093,576 shares outstanding on the record date and entitled to vote at the meeting, 377,338,031 shares were present at the meeting in person or by proxy, constituting a quorum of 91.12 percent. The shareowners of the Company’s common stock considered and voted upon three Company proposals and one shareowner proposal at the meeting.

Item 1 – Company Proposal to Elect 12 Directors

The holders of the common stock of the Company elected each of the following nominees as directors, to serve a term of one year ending the earlier of (i) the Company’s 2019 annual meeting of shareowners and the date a qualified successor has been elected, or (ii) death, resignation or retirement. The directors were elected by the following count:

 

Directors

  

For

  

Against

  

Abstain

  

Broker

Non-Votes

David J. Bronczek    310,111,762    9,510,519    647,409    57,068,341
William J. Burns    309,953,564    9,716,525    599,601    57,068,341
Christopher M. Connor    312,472,804    7,198,830    598,056    57,068,341
Ahmet C. Dorduncu    303,167,362    16,504,722    597,606    57,068,341
Ilene S. Gordon    309,425,047    10,276,577    568,066    57,068,341
Jacqueline C. Hinman    312,702,430    6,902,280    664,980    57,068,341
Jay L. Johnson    309,234,305    10,418,300    617,085    57,068,341
Clinton A. Lewis, Jr.    311,133,456    8,439,048    697,186    57,068,341
Kathryn D. Sullivan    301,017,373    18,661,005    591,312    57,068,341
Mark S. Sutton    306,605,001    12,449,342    1,215,347    57,068,341
J. Steven Whisler    310,522,307    9,152,640    594,743    57,068,341
Ray G. Young    311,814,095    7,867,810    587,785    57,068,341

Item 2 – Company Proposal to Ratify Deloitte & Touche LLP as the Company’s Independent Registered Public Accounting Firm for 2018

The holders of the Company’s common stock ratified the appointment of Deloitte & Touche LLP as the Company’s independent registered public accounting firm for 2018 by the following count:

 

For

  

Against

  

Abstain

  

Broker

Non-Votes

371,139,199

  

5,326,655

  

872,177

  

 

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Item 3 – Company Proposal to Vote on a Non-Binding Resolution to Approve the Compensation of the Company’s Named Executive Officers

The holders of the Company’s common stock supported the non-binding resolution to approve the compensation of the Company’s named executive officers by the following count:

 

For

  

Against

  

Abstain

  

Broker

Non-Votes

301,866,228

  

16,729,064

  

1,674,398

  

57,068,341

Item 4 – Shareowner Proposal Concerning Special Shareowner Meetings

The holders of the Company’s common stock did not approve the non-binding shareowner proposal concerning special shareowner meetings by the following count:

 

For

  

Against

  

Abstain

  

Broker

Non-Votes

143,482,918

  

175,118,045

  

1,668,727

  

57,068,341

 

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SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

 

  International Paper Company
Date: May 7, 2018   By:  

/s/ SHARON R. RYAN

    Name: Sharon R. Ryan
    Title: Senior Vice President, General Counsel and Corporate Secretary

 

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