Exhibit of Participants and Objectives under 2009 Executive Management Incentive Plan (as of January 1, 2011)
This document lists the executives participating in the 2009 Executive Management Incentive Plan as of January 1, 2011, including their names and roles within the company. It outlines the company's business objective for 2011, which is to achieve positive EBITDA before special items, and states that the intermediate performance objectives align with those of the 2011 Management Incentive Plan. The plan is subject to a limit approved by the Management Development and Compensation Committee (MDCC).
Exhibit 10.2
PARTICIPANTS AS OF JANUARY 1, 2011
UNDER THE EXECUTIVE MANAGEMENT INCENTIVE PLAN
John V. Faraci | Chairman and Chief Executive Officer | |
John N. Balboni | SVP and Chief Information Officer, Information Technology | |
C. Cato Ealy | SVP, Corporate Development | |
Tommy S. Joseph | SVP, Manufacturing, Technology, EHS&S, and Global Sourcing | |
Thomas G. Kadien | SVP, Consumer Packaging and IP Asia | |
Paul J. Karre | SVP, Human Resources and Communications | |
Mary A. Laschinger | SVP and President, xpedx | |
Tim S. Nicholls | SVP and Chief Financial Officer | |
Maximo Pacheco | SVP and President, IP Europe, Middle East, Africa and Russia | |
Carol L. Roberts | SVP, Industrial Packaging | |
Maura A. Smith | SVP, General Counsel, Corporate Secretary and Global Government Relations | |
Mark S. Sutton | SVP, Printing & Communications Papers the Americas |
A-1
EXECUTIVE MANAGEMENT INCENTIVE PLAN
2011 COMPANY BUSINESS OBJECTIVE
AND INTERMEDIATE PERFORMANCE OBJECTIVES
Plan Element | 162(m) Limit Approved by MDCC | |
COMPANY BUSINESS OBJECTIVE: | POSITIVE EBITDA BEFORE SPECIAL ITEMS | |
INTERMEDIATE PERFORMANCE OBJECTIVES: | SAME AS 2011 MANAGEMENT INCENTIVE PLAN OBJECTIVES |
S-1