International Paper appoints Timothy S. Nicholls as Senior Vice President and CFO, succeeding Glenn R. Landau who is leaving the company for personal reasons.
Mr. Nicholls, who currently serves as Senior Vice President - Industrial Packaging the Americas, previously served as CFO of the Company from December 2007 through November 2011.
The Company also announced that Jean-Michel Ribiéras, currently Senior Vice President - Global Cellulose Fibers, has been appointed Senior Vice President - Industrial Packaging the Americas, succeeding Mr. Nicholls, and that Catherine I. Slater has been appointed Senior Vice President - Global Cellulose Fibers. All appointments are effective immediately.
"These appointments reflect the breadth and depth of our exceptionally strong management team as we continue to focus on delivering long-term value for all stakeholders by establishing advantaged positions in attractive market segments," said Mark Sutton, Chairman and CEO. "Tim has extensive experience at IP having served in senior executive roles across the organization, including as our former CFO. Tim, Jean-Michel and Cathy are outstanding leaders with proven track records of success across a range of positions, businesses and geographies. I would like to thank Glenn for his many years of service and wish him well."
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, India and Russia.
