International Paper Names Andy Silvernail As Chairman In Addition To His Role As CEO, Effective October 1, 2024; Mark Sutton To Retire From Board
Portfolio Pulse from Benzinga Newsdesk
International Paper has announced that Andy Silvernail will take on the role of Chairman in addition to his current position as CEO, effective October 1, 2024. Mark Sutton will retire from the Board on September 30, 2024.
September 10, 2024 | 9:05 pm
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International Paper has announced a leadership change with Andy Silvernail becoming Chairman in addition to CEO, effective October 1, 2024. This transition follows Mark Sutton's retirement from the Board.
The appointment of Andy Silvernail as Chairman and CEO consolidates leadership roles, which may provide stability and continuity for International Paper. However, as the change is effective in 2024, the immediate impact on stock price is likely neutral.
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