MEMPHIS, Tennessee — International Paper announced that its board of directors elected Andy Silvernail as Chairman of the International Paper Board of Directors in addition to his role as Chief Executive Officer (CEO), effective October 1, 2024. Mark Sutton, who has continued to serve in the role of Chairman of the Board since retiring as CEO in May, will retire from the Board on September 30, 2024. International Paper Lead Director Chris Connor said, “I’d like to thank Mark for his many years of service to IP and for his leadership as Chairman and CEO. …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.”