International Paper Makes Leadership Announcement
International Paper (NYSE: IP) has announced leadership changes, with CEO Andy Silvernail elected as Chairman of the Board of Directors, effective October 1, 2024. This appointment follows Mark Sutton's planned retirement from the Board on September 30, 2024. Silvernail, who joined IP as CEO in May 2024, brings two decades of experience leading global companies in manufacturing and technology sectors.
Lead Director Chris Connor praised Sutton's legacy and expressed confidence in Silvernail's leadership. Silvernail's background includes executive roles at KKR & Co., Madison Industries, and IDEX , where he achieved significant shareholder returns and employee engagement improvements. He currently serves on the Board of Directors of Stryker
International Paper (NYSE: IP) ha annunciato cambiamenti di leadership, con il CEO Andy Silvernail eletto Presidente del Consiglio di Amministrazione, a partire dal 1° ottobre 2024. Questa nomina segue il ritiro programmato di Mark Sutton dal Consiglio il 30 settembre 2024. Silvernail, che è entrato in IP come CEO nel maggio 2024, porta con sé due decenni di esperienza nel guidare aziende globali nei settori della produzione e della tecnologia.
Il Direttore Principale Chris Connor ha elogiato l'eredità di Sutton e ha espresso fiducia nella leadership di Silvernail. Il background di Silvernail include ruoli esecutivi presso KKR & Co., Madison Industries e IDEX, dove ha ottenuto significativi ritorni per gli azionisti e miglioramenti nel coinvolgimento dei dipendenti. Attualmente, serve nel Consiglio di Amministrazione di Stryker.
International Paper (NYSE: IP) ha anunciado cambios en la dirección, con el CEO Andy Silvernail elegido Presidente de la Junta Directiva, con efecto a partir del 1 de octubre de 2024. Este nombramiento sigue a la jubilación planificada de Mark Sutton de la Junta el 30 de septiembre de 2024. Silvernail, quien se unió a IP como CEO en mayo de 2024, aporta dos décadas de experiencia liderando empresas globales en los sectores de fabricación y tecnología.
El Director Principal Chris Connor elogió el legado de Sutton y expresó confianza en el liderazgo de Silvernail. La trayectoria de Silvernail incluye roles ejecutivos en KKR & Co., Madison Industries e IDEX, donde logró importantes retornos para los accionistas y mejoras en el compromiso de los empleados. Actualmente, forma parte de la Junta Directiva de Stryker.
인터내셔널 페이퍼(뉴욕증권거래소: IP)는 CEO 앤디 실버네일이 2024년 10월 1일부터 이사회 의장으로 선출되었다고 발표했습니다. 이번 임명은 마크 서튼이 2024년 9월 30일 이사회에서 은퇴하는 것과 관련이 있습니다. 실버네일은 2024년 5월에 IP의 CEO로 합류했으며, 제조 및 기술 분야에서 글로벌 회사를 이끌어 온 20년의 경험을 가지고 있습니다.
수석 이사 크리스 코너는 서튼의 유산을 칭찬하며 실버네일의 리더십에 대한 신뢰를 표명했습니다. 실버네일은 KKR & Co., 매디슨 인더스트리, 아이덱스에서의 경영 역할을 포함하여, 주주 수익과 직원 참여 개선에서 중요한 성과를 이뤘습니다. 현재 그는 스트라이커 이사회에서 활동하고 있습니다.
International Paper (NYSE: IP) a annoncé des changements de direction, avec le PDG Andy Silvernail élu Président du Conseil d'Administration, à compter du 1er octobre 2024. Cette nomination intervient après la retraite planifiée de Mark Sutton du Conseil le 30 septembre 2024. Silvernail, qui a rejoint IP en tant que PDG en mai 2024, apporte deux décennies d'expérience à la tête d'entreprises mondiales dans les secteurs de la fabrication et de la technologie.
Le Directeur Principal Chris Connor a loué l'héritage de Sutton et exprimé sa confiance dans le leadership de Silvernail. Le parcours de Silvernail comprend des postes de direction chez KKR & Co., Madison Industries et IDEX, où il a réalisé des retours significatifs pour les actionnaires et des améliorations de l'engagement des employés. Il siège actuellement au Conseil d'Administration de Stryker.
International Paper (NYSE: IP) hat Änderungen in der Unternehmensführung bekannt gegeben, wobei CEO Andy Silvernail zum Vorsitzenden des Aufsichtsrats gewählt wurde, gültig ab dem 1. Oktober 2024. Diese Ernennung folgt auf die geplante Pensionierung von Mark Sutton aus dem Aufsichtsrat am 30. September 2024. Silvernail, der im Mai 2024 CEO bei IP wurde, bringt zwei Jahrzehnte Erfahrung in der Leitung globaler Unternehmen in den Bereichen Fertigung und Technologie mit.
Der leitende Direktor Chris Connor lobte das Erbe von Sutton und äußerte Vertrauen in die Führung von Silvernail. Silvernails Hintergrund umfasst Führungspositionen bei KKR & Co., Madison Industries und IDEX, wo er bedeutende Renditen für die Aktionäre und Verbesserungen im Engagement der Mitarbeiter erzielte. Derzeit ist er im Aufsichtsrat von Stryker tätig.
- CEO Andy Silvernail elected as Chairman of the Board, consolidating leadership
- Silvernail brings 20 years of experience in leading global manufacturing and technology companies
- Silvernail's previous tenure at IDEX saw total shareholder return grow by over 500%
- None.
CEO Andy Silvernail elected Chairman of the Board of Directors
Mark Sutton to retire from the Board of Directors 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."
"Additionally," Connor added, "we are pleased that Andy is taking on the role of Chairman of the Board. In just four months with IP, he is off to a terrific start and has the team aligned on implementing our strategy. Andy has a clear plan for unlocking the company's potential to drive results and achieve excellence for our employees, customers and shareholders."
Silvernail joined International Paper as CEO in May 2024. He has two decades of experience leading global companies in the manufacturing and technology sectors. He previously worked at KKR & Co., Inc., a global investment firm, where he served as an executive advisor. Silvernail held the role of Chairman and CEO of Madison Industries, one of the world's largest privately held companies. Prior to that, Silvernail served as Chairman and CEO of IDEX Corporation from 2011 to 2020. Employee engagement reached best-in-class performance and total shareholder return grew by more than
For more information, please visit: https://www.internationalpaper.com/leader
About International Paper
International Paper (NYSE: IP) is a global producer of sustainable packaging, pulp and other fiber-based products, and one of the world's largest recyclers. Headquartered in
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SOURCE International Paper
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