INTERNATIONAL PAPER (IP)
Sector: Materials
Sector: Materials
INTERNATIONAL PAPER - Executive Compensation
CEO and Chairman of the Board Principal Executive Officer
Executive Compensation
Andrew K. Silvernail assumed the role of CEO & Chairman of the Board Principal Executive Officer at International Paper effective May 1, 2024. With a robust background in leadership and a track record of driving growth in global industrial companies, Silvernail brings a wealth of experience to his new position. Prior to joining International Paper, he served as the CEO of Madison Industries, a conglomerate with a diverse portfolio of industrial and technology businesses. Under his leadership, Madison Industries achieved significant growth and operational excellence, solidifying its position as a leader in multiple sectors. Silvernail's career is marked by his ability to navigate complex markets and implement strategic initiatives that enhance company performance. Before Madison Industries, he held various executive roles at IDEX Corporation, where he was instrumental in expanding the company's global footprint and improving its financial performance. His strategic vision and operational expertise have been recognized through numerous awards and accolades, including being named one of the "Top 25 CEOs" by Chief Executive Magazine. Silvernail holds an MBA from the University of Chicago Booth School of Business and a Bachelor of Science in Mechanical Engineering from Purdue University. As CEO & Chairman of the Board at International Paper, Silvernail is tasked with steering the company through a period of transformation and growth. His role involves overseeing the company's strategic direction, enhancing operational efficiencies, and driving sustainable growth. With a focus on innovation and sustainability, Silvernail aims to position International Paper as a leader in the global paper and packaging industry. His leadership is expected to bring fresh perspectives and renewed energy to the company, leveraging his extensive experience to navigate the challenges and opportunities ahead.