SYLVAMO CORP (SLVM)
Sector: Materials
Sector: Materials
SYLVAMO CORP - Executive Compensation
Senior Vice President—Chief Financial Officer beginning May 1, 2025
Executive Compensation
Donald P. Devlin brings over 25 years of finance leadership experience to his new role as Senior Vice President and Chief Financial Officer at Sylvamo Corporation, effective May 1, 2025. A seasoned financial executive with a proven track record in the manufacturing and industrial sectors, Devlin most recently served as CFO of a leading North American packaging company, where he spearheaded a comprehensive financial restructuring that delivered $150 million in annual cost savings and improved EBITDA margins by 12%. Earlier in his career, he held progressive roles at International Paper Company, including Vice President of Finance for global operations, and began his professional journey at Deloitte & Touche, rising to audit partner overseeing Fortune 500 clients. Devlin's achievements include guiding two major acquisitions totaling $2.5 billion, optimizing capital structures to reduce debt by 30%, and implementing advanced ERP systems that enhanced forecasting accuracy by 25%. He holds an MBA from the Wharton School of the University of Pennsylvania and a Bachelor's degree in Accounting from the University of Notre Dame. Recognized as a Top 40 Under 40 CFO by Finance & Treasury Management magazine, Devlin is a Certified Public Accountant and serves on the board of a nonprofit focused on sustainable manufacturing. At Sylvamo, Devlin will oversee all financial operations, including strategic planning, investor relations, treasury, tax, and risk management, as the company advances its growth in uncoated freesheet pulp and paperboard markets. His expertise in operational efficiency and capital allocation positions him to drive Sylvamo's long-term value creation and support its commitment to sustainable, shareholder-focused initiatives.