Sundar PichaiSundar Pichai earned $164M in 2023
I

Mark S. Sutton

CEO of International Paper

Education

Bachelor's degree from the University of Virginia

Field of Expertise

Business & Management - Business Management

Born

January 1, 1961 - 64 years ago

Economy Sector

Consumer Cyclical

Current Tenure

10 years 4 months (Nov 2014 - Present)

Previous Experience

Senior Vice President – Industrial Packaging, Senior Vice President – Printing & Communications Papers the Americas, Senior Vice President – Global Supply Chain

Mark S. Sutton is the CEO and Chairman of International Paper Co., a role he's held since November 1, 2014. With over three decades of experience at the company, Mark has a deep understanding of its operations, having worked in...

Year

2023

Total Compensation

$8.60M

Salary

$1.45M

Board Justification

The compensation philosophy is based on principles of internal equity and external market competitiveness, aligning executive compensation with company performance and market benchmarks.

Bonus

$493.70K

Board Justification

Mr. Sutton’s AIP payment was awarded at 22.7% of target (reflecting 100% for individual performance) and thus was based solely on the Company’s performance achievement.

Other

$350.12K

Board Justification

Includes retirement savings account contributions, company matching contributions, group life insurance, executive supplemental life insurance program, corporate aircraft use, and company matching gifts.

Restricted Stock

$6.31M(178.82K shares)

Board Justification

PSP payout of 75.17% was based solely on the Company’s performance achievement in Adjusted ROIC and relative TSR.

Performance Metrics

The performance metrics for determining the compensation include Adjusted ROIC and relative TSR.