International Paper announced that Carol L. Roberts, Senior Vice President and Chief Financial Officer, and William Hoel, Senior Vice President, Container The Americas, will retire on March 31, 2017. Roberts joined International Paper in 1981 and has helped lead the company as a member of the senior lead team since 2005. She led the North American industrial packaging business for seven years. In 1983, Hoel joined Masonite Corp., which was later acquired by IP. For more than a decade, he has led the growth and optimization of the company’s North American corrugated packaging business. Under his leadership, the company successfully integrated Box USA and the corrugated packaging units of Weyerhaeuser and Temple-Inland.
The company announced the following senior leadership transitions. Glenn R. Landau has been named Senior Vice President, Finance, effective January 1, 2017, and will become the company’s Chief Financial Officer effective in the first quarter of 2017. For the remainder of this year, he will transition his current responsibilities in Latin America. W. Michael Amick, Jr., has been named Senior Vice President, Paper the Americas, effective January 1, 2017. Amick will continue to lead the North American papers business and assume additional responsibilities for the papers business in Latin America. Timothy S. Nicholls has been named Senior Vice President, Industrial Packaging the Americas, effective January 1, 2017. Nicholls will continue leading the North American industrial packaging business and assume additional responsibilities for the packaging business in Latin America.
The Board of Directors elected two new Senior Vice Presidents. Gregory T. Wanta has been elected Senior Vice President, North American Container, effective December 1, 2016. Wanta will assume Hoel’s previous responsibility for the North American corrugated packaging business. Catherine I. Slater has been elected Senior Vice President, Consumer Packaging. She will join IP from Weyerhaeuser Co., effective with the completion of the acquisition of Weyerhaeuser’s pulp business, which she currently leads. Slater will assume responsibility for leading the consumer packaging business, which includes the coated paperboard and foodservice businesses.