International Paper announced Carol L. Roberts, Senior Vice President and CFO, and William Hoel, Senior Vice President, Container The Americas, will retire on March 31, 2017.

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International Paper announces senior leadership moves

International Paper announced Carol L. Roberts, Senior Vice President and CFO, and William Hoel, Senior Vice President, Container The Americas, will retire on March 31, 2017.

The company announced the following senior leadership transitions and the International Paper Board of Directors elected two new Senior Vice Presidents:

Glenn R. Landau has been named Senior Vice President, Finance, effective January 1, 2017, and will become the Company's CFO effective with the filing of the Company's 2016 Form 10-K in the 1Q 2017. For the remainder of this year, he will transition his current responsibilities in Latin America.

W. Michael Amick, Jr., has been named Senior Vice President, Paper the Americas, effective January 1, 2017. Amick will continue to lead the Company's North American papers business and assume additional responsibilities for the Company's papers business in Latin America.

Timothy S. Nicholls has been named Senior Vice President, Industrial Packaging the Americas, effective January 1, 2017. Nicholls will continue leading the Company's North American industrial packaging business and assume additional responsibilities for the Company's packaging business in Latin America.

Gregory T. Wanta has been elected Senior Vice President, North American Container, effective December 1, 2016. Wanta will assume Hoel's previous responsibility for the Company's North American corrugated packaging business.

Catherine I. Slater has been elected Senior Vice President, Consumer Packaging. Slater will join International Paper from Weyerhaeuser Company, effective with the completion of the acquisition of Weyerhaeuser's pulp business, which she currently leads. Slater will assume responsibility for leading the Company's consumer packaging business, which includes the coated paperboard and foodservice businesses.

International Paper is a leading global producer of renewable fiber-based packaging, pulp and paper products with manufacturing operations in North America, Latin America, Europe, North Africa, Asia and Russia.