Sylvamo names David Petratis chairman

Sylvamo (SLVM) announced 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 Ribieras, 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.