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 13, 2019

 

 

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.  ☐

 

Title of each class

 

Trading

Symbol(s)

 

Name of each exchange

on which registered

Common Stock, $1 per share par value   IP   New York Stock Exchange

 

 

 

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 13, 2019.

(b) Of the 401,491,094 shares outstanding on the record date and entitled to vote at the meeting, 369,546,868 shares were present at the meeting in person or by proxy, constituting a quorum of 92.04 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 11 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 2020 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 		 

William J. Burns

     301,036,692        1,386,389        437,831        66,685,956  

Christopher M. Connor

     300,151,418        2,285,868        423,626        66,685,956  

Ahmet C. Dorduncu

     286,592,572        15,827,621        440,719        66,685,956  

Ilene S. Gordon

     301,069,193        1,433,436        358,283        66,685,956  

Anders Gustafsson

     207,021,493        95,438,944        400,475        66,685,956  

Jacqueline C. Hinman

     301,560,345        934,259        366,308        66,685,956  

Clinton A. Lewis, Jr.

     301,104,724        1,322,195        433,993        66,685,956  

Kathryn D. Sullivan

     301,624,625        895,888        340,399        66,685,956  

Mark S. Sutton

     295,225,218        6,745,775        889,919        66,685,956  

J. Steven Whisler

     299,377,325        3,057,962        425,625        66,685,956  

Ray G. Young

     296,682,361        5,744,845        433,706        66,685,956  

Item 2 – Company Proposal to Ratify Deloitte & Touche LLP as the Company’s Independent Registered Public Accounting Firm for 2019

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 2019 by the following count:

 

For      Against      Abstain      Broker
Non-Votes 		 
  364,526,986        4,410,633        609,249        (0 ) 

 

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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 		 
  289,040,171        11,044,133        2,776,608        66,685,956  

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 		 
  122,454,711        178,962,915        1,443,286        66,685,956  

 

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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 13, 2019     By:  

/s/ SHARON R. RYAN

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

 

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