PARTICIPANTS AS OF JANUARY 1, 2016 UNDER THE EXECUTIVE MANAGEMENT INCENTIVE PLAN Mark S. SuttonChairman and Chief Executive OfficerW. Michael Amick, Jr.SVP North American Papers, Pulp &Consumer PackagingC, Cato EalySVP Corporate DevelopmentWilliam P. HoelSVP Container The AmericasTommy S. JosephSVP Manufacturing, Technology, EHS&S& Global SourcingThomas G. KadienSVP Human Resources, Communications &Global Government RelationsGlenn R. LandauSVP President, IP Latin AmericaTim S. NichollsSVP Industrial PackagingJean-Michel RibierasSVP President, IP Europe, Middle East,Africa & RussiaCarol L. RobertsSVP Chief Financial OfficerSharon R. RyanSVP General Counsel & CorporateSecretary Any other individual elected to the position of Senior Vice President or above during 2016
EX-10.5 2 exhibit105-x2016execmipexh.htm EXHIBIT 10.5 - EXECUTIVE MANAGEMENT INCENTIVE PLAN OBJECTIVES Exhibit
EXHIBIT 10.5
PARTICIPANTS AS OF JANUARY 1, 2016
UNDER THE EXECUTIVE MANAGEMENT INCENTIVE PLAN
Mark S. Sutton | Chairman and Chief Executive Officer |
W. Michael Amick, Jr. | SVP – North American Papers, Pulp & |
Consumer Packaging | |
C, Cato Ealy | SVP – Corporate Development |
William P. Hoel | SVP – Container The Americas |
Tommy S. Joseph | SVP – Manufacturing, Technology, EHS&S |
& Global Sourcing | |
Thomas G. Kadien | SVP – Human Resources, Communications & |
Global Government Relations | |
Glenn R. Landau | SVP – President, IP Latin America |
Tim S. Nicholls | SVP – Industrial Packaging |
Jean-Michel Ribieras | SVP – President, IP Europe, Middle East, |
Africa & Russia | |
Carol L. Roberts | SVP – Chief Financial Officer |
Sharon R. Ryan | SVP – General Counsel & Corporate |
Secretary | |
Any other individual elected to the position of Senior Vice President or above during 2016 | |
EXHIBIT 10.5
EXECUTIVE MANAGEMENT INCENTIVE PLAN
2016 COMPANY BUSINESS OBJECTIVE AND INTERMEDIATE PERFORMANCE OBJECTIVES
Plan Element | 162(m) Limit Approved by Committee |
Company Business Objective: | • Positive EBITDA Before Special Items |
Intermediate Performance Objectives: | • Same as 2016 Management Incentive Plan objectives |
