International Paper Co ( (IP) ) has issued an announcement.
International Paper has announced a significant change in leadership with the retirement of Mark Sutton from the Board of Directors and the appointment of CEO Andy Silvernail as the new Chairman, effective October 1, 2024. Silvernail, who joined the company in May 2024, brings with him a strong track record of leading global companies and has already set forth a clear plan for driving results and achieving excellence at International Paper. The company, a global leader in sustainable packaging and recycling, acknowledges Sutton’s contributions in strengthening the balance sheet and focusing the portfolio during his tenure.
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