International Paper (IP) has announced the election of Jamie Beggs and Scott Tozier to its board of directors, effective May 11, 2023. The company also announced that Ilene Lang has retired from the board citing personal and health reasons, effective the same date.
Ms. Beggs and Mr. Tozier will each be appointed to the audit and finance committee and the public policy and environment committee effective May 11, 2023.
Mark Sutton, chairman of IP, said, “Jamie and Scott are seasoned, global executives who bring extensive financial expertise and business insight to IP’s Board of Directors. Jamie’s deep finance, IR and audit experience in asset-intensive industries growing into new geographies, combined with Scott’s track record of guiding businesses through strategic transformations, including significant M&A, will be invaluable as we embark on our next phase of growth.”
Sutton continued, “I am very appreciative to Ilene for her many contributions to the IP Board over the past 12 years. We are grateful for her insight and guidance throughout her tenure, for her nearly five years as the Board’s lead independent Presiding Director, as well as her leadership as chair of the Governance Committee.”
With these changes, the IP Board will consist of 11 directors, nine of whom are classified as independent directors. At its May 11, 2023, regular meeting, the Board appointed Mark Sutton as chair of the Governance Committee.
International Paper (NYSE: IP) is a global producer of sustainable packaging, pulp and other fiber-based products, and one of the world’s largest recyclers. Headquartered in Memphis, Tennessee, we employ approximately 39,000 colleagues globally who are committed to creating what’s next. We serve customers worldwide, with manufacturing operations in North America, South America, Europe and Asia. Net sales for 2023 were $23 billion. Additional information can be found by visiting internationalpaper.com.
