International Paper, Memphis, Tenn., USA, this past week announced that Timothy S. Nicholls has been appointed SVP and CFO, succeeding Glenn R. Landau who is leaving the company for personal reasons. Nicholls, who currently serves as SVP - 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 SVP - Global Cellulose Fibers, has been appointed SVP - Industrial Packaging the Americas, succeeding Nicholls, and that Catherine I. Slater has been appointed SVP - 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."

 

Nicholls, 56, has served as SVP - Industrial Packaging the Americas since November 2014, with responsibility for the company's North American Containerboard, Container, and Recycling businesses and IP Brazil Packaging. His previous positions have included SVP - Printing & Communications Papers the Americas, and SVP and CFO. He joined International Paper in 1999 through the company's acquisition of Union Camp Corp., where he held a series of finance and business planning positions.

 

Ribiéras, 55, currently serves as SVP - Global Cellulose Fibers, a position he has held since July 2016. He previously served as SVP - President, IP Europe, Middle East, Africa, and Russia, from 2013 until June 2016, and President - IP Latin America from 2009 until 2013. He joined the company in 1993 at Aussedat Rey in France. 

 

Slater, 55, has been a SVP of the company since December 2016, when she joined the company from Weyerhaeuser Co. effective upon the completion of the acquisition of Weyerhaeuser's cellulose fibers business (which she previously led). From the time she joined the company, she served as SVP, Consumer Packaging, until the end of 2017. Her 24-year career with Weyerhaeuser included leadership roles in manufacturing, printing papers, consumer products, wood products, distribution, and the cellulose fibers business.

 

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. It produces corrugated packaging products that protect and promote goods, and enable worldwide commerce; pulp for diapers, tissue, and other personal hygiene products that promote health and wellness and papers that facilitate education and communication. IP employs approximately 52,000 colleagues located in more than 24 countries. Net sales for 2017 were $22 billion. 

 

More information about IP, its products, and global citizenship efforts is available online.