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WestRock, the US’s second-largest paper packaging group, once harboured ambitions of snapping up Smurfit Kappa, but has now become a willing target of Ireland’s first multinational
In most industries worldwide outside of aerospace manufacturing, the supply chains are almost back to normal and their conditions are further improving. But many companies have suddenly realised they have too much inventory and are now de-stocking.
International Paper Chairman and CEO Mark Sutton has requested the board of directors move forward with its CEO succession plan.
Packaging giant International Paper (IP) has said CEO Mark Sutton has requested the company should move forward with the next phase of its CEO succession plan. The $21 billion manufacturer will now conduct an evaluation of internal and external candidates to succeed Sutton, with the CEO – who is also Chairman – continuing until a
International Paper announced that Chairman and CEO Mark Sutton has requested that the Board of Directors move forward with the next phase of the company's CEO succession plan. This phase in the process will include a comprehensive evaluation of internal and external candidates for Sutton's successor. Sutton will continue in his role as chairman and CEO until his successor is in place.