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International Paper Makes Leadership Announcement - International Paper (NYSE:IP)

CEO Andy Silvernail elected Chairman of the Board of Directors

Mark Sutton to retire from the Board of Directors September 30, 2024

MEMPHIS, Tenn., Sept. 10, 2024 /PRNewswire/ -- International Paper IP today announced that its board of directors elected Andy Silvernail as Chairman of the International Paper Board of Directors in addition to his role as Chief Executive Officer (CEO), effective October 1, 2024. Mark Sutton, who has continued to serve in the role of Chairman of the Board since retiring as CEO in May, will retire from the Board on September 30, 2024.

International Paper Lead Director Chris Connor said, "On behalf of the Board of Directors, I'd like to thank Mark for his many years of service to IP and for his leadership as Chairman and CEO. During his tenure, he strengthened the company's balance sheet and focused the portfolio. He leaves behind a strong legacy, and we wish him and his family all the best."

For more information, please visit: https://www.internationalpaper.com/leader

About International Paper

International Paper IP is a global producer of sustainable packaging, pulp and other fiber-based products, and one of the world's largest recyclers. Headquartered in Memphis, Tenn., we employ approximately 39,000 colleagues globally who are committed to creating what's next. We serve customers worldwide, with manufacturing operations in North America, Europe, Latin America and Africa. Net sales for 2023 were $18.9 billion. Additional information can be found by visiting internationalpaper.com.

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SOURCE International Paper

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