Silvernail Elected International Paper Chief Executive Officer
MEMPHIS, Tenn., March 19, 2024 /PRNewswire/ -- International Paper (NYSE: IP) today announced that its board of directors has elected Andrew Silvernail as Chief Executive Officer (CEO), following an extensive evaluation process. Effective May 1, 2024, Silvernail will succeed Mark Sutton, who previously announced the final phase of the CEO succession process. Sutton will continue in his role as Chairman of the International Paper Board of Directors to ensure a smooth and successful transition.
- MEMPHIS, Tenn., March 19, 2024 /PRNewswire/ -- International Paper (NYSE: IP) today announced that its board of directors has elected Andrew Silvernail as Chief Executive Officer (CEO), following an extensive evaluation process.
- Sutton will continue in his role as Chairman of the International Paper Board of Directors to ensure a smooth and successful transition.
- International Paper Lead Director Chris Connor said, "Andy is an experienced CEO with an extensive track record for creating value.
- Andy Silvernail, CEO-Elect of International Paper , said, "I'm honored and proud to be a part of International Paper, a strong and resilient company and a force for good in communities around the world.