International Paper Company (NYSE:IP) Files An 8-K Submission of Matters to a Vote of Security Holders

ME Staff 8-k
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International Paper Company (NYSE:IP) Files An 8-K Submission of Matters to a Vote of Security Holders
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 May7, 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 91.12percent. The shareowners of the Company’s common stock considered and voted upon three Company proposals and one shareowner proposal at the meeting.

Item1 – 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

Item2 – 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

2

Item3 – 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

Item4 – 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

3


About International Paper Company (NYSE:IP)

International Paper Company (International Paper) is a paper and packaging company with primary markets and manufacturing operations in North America, Europe, Latin America, Russia, Asia, Africa and the Middle East. The Company operates in three segments: Industrial Packaging, Printing Papers and Consumer Packaging. It is a manufacturer of containerboard in the United States. Its products include whitetop, recycled linerboard and saturating kraft. It is the producer of printing and writing papers. The products in Printing Papers segment include uncoated papers and pulp. Its uncoated papers engage in the business of producing papers for use in copiers, desktop and laser printers and digital imaging. Its uncoated papers are sold under private label and International Paper brand names that include Hammermill, Springhill, Ballet, Pol and Svetocopy. Its Everest, Fortress, and Starcote brands are used in packaging applications for everyday products, such as food and tobacco products.