John V. Faraci has been leading International Paper Company since 2003, showcasing an impressive background in business management after earning his degree from the University of Massachusetts Amherst. He focused on aligning executive pay with company performance, emphasizing metrics like...

Number of Employees

39K

Year

2014

Total Compensation

$25.52M

Salary

$1.45M

Board Justification

The compensation philosophy is designed to attract and retain executive talent while aligning compensation with company performance and shareholder interests.

Bonus

$2.26M

Board Justification

The MIP payout was based on the Company’s financial performance and individual achievements, resulting in a 107% combined performance achievement.

Other

$340.36K

Board Justification

Includes company matching contributions, group life insurance, ESIP, corporate aircraft and vehicle use, charitable award program, and other benefits.

Restricted Stock

$21.47M(394.09K shares)

Board Justification

The payout of the 2012-2014 PSP was based on the Company’s performance achievement in relative ROI and relative TSR, valued at $21,470,187.

Performance Metrics

Performance metrics include relative ROI and relative TSR for the PSP, and financial performance metrics for the MIP.

SEC Filing

From April 9, 2015

John V. Faraci

Ex-CEO of International Paper

JV

Education

Bachelor's degree in business administration from the University of Massachusetts Amherst

Field of Expertise

Business & Management - Business Management

Born

January 1, 1951 - 74 years ago

Is Founder?

No

Tenure

11 years 9 months (Jan 2003 - Oct 2014)

Previous Experience

Chairman and Chief Executive Officer of International Paper Company