International Paper Company · NYSE:IP
International Paper — International Paper Co /New/ — Shareholder Meeting (April 2014)
9 slides from International Paper's shareholder meeting presentation, Apr 11, 2014
Slide 1: Investor "Say on Pay" Discussion
April Investor “Say on Pay” Discussion
Slide 2: 2014 Proxy Statement – Annual "Say-on-Pay" Vote
Shareowners are asked annually to vote on a non-binding resolution to approve the compensation of our named executive officers (“Say-on-Pay” proposal), as disclosed in our proxy statement. To assist you in casting your 2014 Say-on-Pay vote, please review the following summary slides together with th
Slide 3: Table of Contents
Strong Financial Results Shareowner-Focused Plan Design Changes Continued Emphasis on Pay for Performance Table of Contents
Slide 4: 2013 Strong Financial Results
Delivered record operating earnings and cash from operations Strong free cash flow on increased EBITDA Industry-leading EBITDA margins across NA businesses Further strengthened a healthy Balance Sheet Increased dividend by 17% in 4Q and implemented $1.5B share buyback program Solid operational perfo
Slide 5: Program Element Design Change / Rationale
Program Element Design Change / Rationale Peer Group Composition • Added and removed companies from Compensation Comparator Group and both Performance Peer Groups to more closely align with IP and our compensation approach (2012; 2014) Performance Metrics and Design of Management Incentive Plan (“MI
Slide 6: Compensation Comparator Group and Pay for Performance Alignment
Compensation Comparator Group 3M Company Alcoa Inc. Bunge Limited Caterpillar Inc. Dow Chemical Company E.I. DuPont de Nemours Eaton Corp. Emerson Electric Company FedEx Corp. Goodyear Tire & Rubber Company Hess Corp. Honeywell International Inc. Johnson Controls, Inc. Kimberly-Clark Corp. Lockheed
Slide 7: CEO Realizable Pay Rank vs Company TSR Rank
Three-Year Performance Period Our CEO’s Realizable Pay Rank Our Company’s TSR Rank 2010 - 85th 80th 2009 -2011 60th 100th 2008 -2010 30th 40th 2007 - 40th 40th This table demonstrates the close correlation between our CEO’s pay and Company’s performance over the past four three-year performance peri
Slide 8: 2013 Total Target Compensation Mix: Pay at Risk
This chart illustrates our commitment to pay at risk. For 2013, 88% of our CEO’s target compensation was based on performance – and therefore at risk. CEO Other NEOs 2013 Total Target Compensation Mix 12% 71% 88% Pay at Risk 23% 59% 77% Pay at Risk Actual Base Salary STI Target LTI Target Continued
Slide 9: Questions?
Questions? Please contact our Investor Relations Team Jay Royalty Vice President, Investor Relations 901-419-1731 Michele Vargas Manager, Investor Relations 901-419-7287
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