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Sylvamo (NYSE: SLVM) director Stan Askren to resign for health reasons

Filing Impact
(Moderate)
Filing Sentiment
(Neutral)
Form Type
8-K

Rhea-AI Filing Summary

Sylvamo Corporation reports that director Stan Askren has notified the company of his intent to resign from its Board of Directors for health reasons, effective September 1, 2025. The company states that his resignation is not due to any disagreement with or concerning Sylvamo. The Board expresses its appreciation for his service and contributions since the company’s spinoff in 2021.

Positive

  • None.

Negative

  • None.
Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers Governance
Key personnel changes including departures, elections, or appointments of directors and executive officers.
Item 9.01 Financial Statements and Exhibits Exhibits
Financial statements, pro forma financial information, and exhibit attachments filed with this report.
Sylvamo Corp false 0001856485 0001856485 2025-08-19 2025-08-19
 
 

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

 

 

FORM 8-K

 

 

CURRENT REPORT

Pursuant to Section 13 OR 15(d)

of The Securities Exchange Act of 1934

Date of Report (date of earliest event reported): August 19, 2025

 

 

SYLVAMO CORPORATION

(Exact name of registrant as specified in its charter)

 

 

Commission file number 001-40718

 

Delaware   86-2596371

(State or other jurisdiction

of incorporation)

 

(I.R.S. Employer

Identification No.)

 

6077 Primacy Parkway, Memphis, Tennessee   38119
(Address of Principal Executive Offices)   (Zip Code)

Registrant’s telephone number, including area code: (901) 519-8000

 

 

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):

 

Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

 

Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

 

Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

 

Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Securities registered pursuant to Section 12(b) of the Act:

 

Title of each class

 

Trading

Symbol(s)

 

Name of each exchange

on which registered

Common Stock, $1 per share par value   SLVM   New York Stock Exchange

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).

Emerging growth company 

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐

 

 
 


Item 5.02

Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.

On August 19, 2025, Stan Askren provided notice of his intent to resign from the Board of Directors (the “Board”) of Sylvamo Corporation for health reasons, effective September 1, 2025. His resignation is not due to any disagreement with or concerning Sylvamo. The Board expresses its appreciation to Mr. Askren for his service and contributions as a Board member since our spinoff in 2021.

 

Item 9.01

Financial Statements and Exhibits.

 

Exhibit

Number

  

Description

104    Cover Page Interactive Data File (embedded within the Inline XBRL document)

 

2


Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

 

Date: August 22, 2025   Sylvamo Corporation
    By:  

/s/ Matthew Barron

    Name:   Matthew Barron
    Title:   Senior Vice President and Chief Administrative and Legal Officer

FAQ

What did Sylvamo (SLVM) disclose in this 8-K filing?

Sylvamo disclosed that director Stan Askren has given notice of his intent to resign from the Board of Directors for health reasons, effective September 1, 2025.

Why is Sylvamo director Stan Askren resigning from the Board?

The filing states that Stan Askren is resigning from Sylvamo’s Board of Directors for health reasons.

Is Stan Askren’s resignation from Sylvamo due to a disagreement with the company?

No. The filing explicitly states that his resignation is not due to any disagreement with or concerning Sylvamo.

When will Stan Askren’s resignation from the Sylvamo Board become effective?

According to the filing, Stan Askren’s resignation from the Board of Directors will be effective on September 1, 2025.

How long has Stan Askren served on Sylvamo’s Board of Directors?

The filing notes that Stan Askren has served as a Board member since Sylvamo’s spinoff in 2021.

Did Sylvamo’s Board comment on Stan Askren’s departure?

Yes. The Board expressed its appreciation to Mr. Askren for his service and contributions as a Board member since the 2021 spinoff.