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Stock impact report

Sylvamo Welcomes John Sims as CEO, David Petratis as Chairman

Sylvamo Corporation (SLVM) 
Company Research Source: Business Wire
MEMPHIS, Tenn.--(BUSINESS WIRE)--Sylvamo (NYSE: SLVM), the world’s paper company, is announcing its board of directors appointed John Sims to join the board, effective Jan. 1, 2026. In April, the board appointed Sims to become Sylvamo’s new chief executive officer and president, also effective Jan. 1, 2026.Sims previously served as chief operating officer, leading commercial and operational functions, before succeeding Jean-Michel Ribiéras, who will retire as chairman and CEO Dec. 31.The board also appointed David Petratis as chairman, effective Jan. 1, 2026. Petratis served as lead independent director since 2021.“It is an honor to be appointed chairman of Sylvamo’s board of directors, and I appreciate the trust my fellow directors have placed in me. Separating the roles is considered a best practice by many public companies. As an independent chairman, I am committed to continuing strong, objective oversight and governance that supports the company’s long-term success, while all Show less Read more
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