There are 14 article(s) tagged Mark Sutton:

• March 2024

  • International Paper board names new CEO

    “I’m honored and proud to be a part of International Paper, a strong and resilient company and a force for good in communities around the world,” Silvernail said in a statement.

    By Jane Roberts March 20, 2024

• October 2023

  • International Paper actions to affect 900 workers

    Memphis-based International Paper plans to permanently close its containerboard mill in Orange, Texas, and cease operations at two of its pulp machines.

    By Rob Moore October 18, 2023

• September 2023

  • International Paper planning succession of CEO Mark Sutton

    IP announced Wednesday, Sept. 6, a request from its chairman and CEO Mark Sutton to the company’s board of directors to begin looking for his successor. 

    By Rob Moore September 07, 2023

• April 2023

  • International Paper offers mixed results amidst weaker global demand

    International Paper’s adjusted operating earnings were $185 million in the quarter compared to $195 million during the same period last year. 

    By Rob Moore April 27, 2023

  • Meet International Paper’s board of directors

    When IP’s shareholders meet in May for its annual meeting, they will be asked to reappoint all 11 of the board members.

    By Rob Moore April 03, 2023

• March 2023

  • How much did International Paper’s top executives earn in 2022?

    IP disclosed how much its executives earned in 2022, including its CEO Mark Sutton, who earned more than $13 million last year through a combination of salary, stocks and incentives. 

    By Rob Moore March 28, 2023

• January 2023

  • International Paper’s earnings beat expectations as the company turns 125

    The Memphis-based company reported 2022 adjusted operating earnings of $1.2 billion, compared with the $944 million it recorded for 2021. 

    By Rob Moore January 31, 2023

  • How the Memphis-based public companies spent 2022

    Mergers and acquisitions, leadership transitions, uncertain economic conditions, global tensions — local publicly traded companies faced numerous challenges in 2022.

    By Rob Moore January 03, 2023

• October 2022

  • IP earnings impacted by lower consumer spending

    The Memphis-based company reported lower earnings for its third quarter, as consumers’ buying habits drove a decrease in demand for packaging. 

    By Rob Moore October 27, 2022

• July 2022

  • International Paper reports strong second quarter earnings

    Increased earnings were driven, in part, by higher prices. 

    By Rob Moore July 28, 2022

• April 2022

  • International Paper reports solid earnings despite continued Russian venture

    Despite the solid earnings, the first quarter presented unique challenges for IP including the surge of the omicron variant and geopolitical consequences of continuing operations in Russia. 

    By Rob Moore April 28, 2022

• April 2021

  • International Paper reports strong quarterly results in spite of COVID, bad weather

    Bad weather and COVID-19 notwithstanding, Memphis-based International Paper outperformed analysts’ expectations in the first quarter of this year. Strong demand for e-commerce has helped boost financial numbers for the producer of industrial packaging.

    By Blake Fontenay April 29, 2021

• December 2020

  • Memphis impact of International Paper spinoff isn’t clear yet

    International Paper envisions proposed spinoff printing papers company would remain U.S.-based, but impact of transaction on Memphis headquarters isn’t clear yet.

    By Wayne Risher December 14, 2020

• July 2019

  • International Paper Q2 earnings exceed estimates

    By Christin Yates July 28, 2019