Item 5.02. Departure of Directors or Certain Officers; Election of Directors;
Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.

Christopher E. Kubasik resigned as the Vice Chairman, President and Chief Operating Officer and as a director of Lockheed Martin Corporation, effective November 9, 2012. The Corporate Governance Guidelines of International Paper Company (the "Company") require a director to tender his or her resignation for consideration by the Company's Board of Directors upon a substantial change in principal occupation or business association. Accordingly, Mr. Kubasik tendered his resignation from the Board, which was accepted effective November 9.

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