International Paper Names Mark Nellessen Vice President, Investor Relations

Rhea-AI Summary

International Paper (NYSE: IP) has appointed Mark Nellessen as vice president of Investor Relations, effective immediately. Nellessen, who joined the company in 1992, was previously vice president of Financial Planning and Analysis. He succeeds Guillermo Gutierrez, who transitions to vice president and general manager for Latin America in the North American Container business. International Paper, based in Memphis, Tenn., ranks as a leading global supplier of renewable fiber-based products, reporting net sales of $19.4 billion in 2021.

Positive

• Mark Nellessen's extensive experience since 1992 enhances Investor Relations.
• Nellessen's previous role as vice president of Financial Planning and Analysis supports informed investor communication.

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• None.

MEMPHIS, Tenn., April 28, 2022 /PRNewswire/ -- International Paper (NYSE: IP) announced today that Mark Nellessen has been named vice president of Investor Relations, reporting to Tim Nicholls, senior vice president and chief financial officer, effective immediately.

Nellessen joined International Paper in 1992 and has held roles of increasing responsibility in finance and general management. Most recently, Mark served as vice president, Financial Planning and Analysis. Nellessen earned his bachelor's degree in Finance from the University of Wisconsin, Madison and an MBA from Vanderbilt University.

Nellessen succeeds Guillermo Gutierrez, who has been named vice president and general manager, Latin America for the North American Container business. Gutierrez joined International Paper in 1994 and served in a number of finance, sales and general management roles. Gutierrez served as vice president, Investor Relations since 2017.

About International Paper
International Paper (NYSE: IP) is a leading global supplier of renewable fiber-based products. We produce corrugated packaging products that protect and promote goods, and enable worldwide commerce, and pulp for diapers, tissue and other personal care products that promote health and wellness. Headquartered in Memphis, Tenn., we employ approximately 38,000 colleagues globally. We serve customers worldwide, with manufacturing operations in North America, Latin America, North Africa and Europe. Net sales for 2021 were $19.4 billion. Additional information can be found by visiting InternationalPaper.com.

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SOURCE International Paper

FAQ

Who is the new vice president of Investor Relations at International Paper?

Mark Nellessen has been named vice president of Investor Relations at International Paper.

When did Mark Nellessen start his role at International Paper?

Mark Nellessen's appointment as vice president of Investor Relations is effective immediately as of April 28, 2022.

Who did Mark Nellessen succeed in the role of vice president of Investor Relations?

Mark Nellessen succeeded Guillermo Gutierrez, who has taken on a new role as vice president and general manager for Latin America.

What was Mark Nellessen's previous position before being named vice president of Investor Relations?

Mark Nellessen was vice president of Financial Planning and Analysis prior to his new appointment.

What are the net sales reported by International Paper for 2021?

International Paper reported net sales of $19.4 billion for the year 2021.