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...

Number of Employees

39K

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.

SEC Filing

From April 2, 2024

Mark S. Sutton

CEO of International Paper

I

Education

Bachelor's degree from the University of Virginia

Field of Expertise

Business & Management - Business Management

Born

January 1, 1961 - 64 years ago

Is Founder?

No

Current Tenure

10 years 2 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