Andy Silvernail took charge as the Chairman of the International Paper Board of Directors, following the retirement of Mr. Mark Sutton. Mr. Silvernail has been given the charge in addition to his current role as the Chief Executive Officer of the company.
Oct 1, 2024
International Paper has appointed Mr. Andy Silvernail as the Chairman of the International Paper Board of Directors. Mr. Silvernail has been given the charge in addition to his current role as the Chief Executive Officer (CEO) of the company. He took charge following the retirement of Mr. Mark Sutton 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.
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“Additionally, 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.”
Mr. 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 & Company Inc., a global investment firm, where he served as an executive advisor. He also held the role of Chairman and CEO of Madison Industries, one of the world’s largest privately held companies.
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Prior to that, Mr. Silvernail served as Chairman and CEO of IDEX Corporation from 2011 to 2020. He also held executive positions at Rexnord Industries, Newell Rubbermaid and Danaher Corporation. He currently serves on the Board of Directors of Stryker Corporation.
