IP reports sobering 4th quarter; CEO promises turnaround
Andy Silvernail, International Paper’s chairman and CEO said, “During 2024, we initiated our strategy to deliver profitable growth as the low-cost, most reliable and innovative sustainable packaging solutions provider for our customers.” (Mark Weber/The Daily Memphian)
The company lost $147 million in the fourth quarter; sales were flat.
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Andy Silvernal International PaperJane Roberts
Jane Roberts has reported in Memphis for more than 20 years. As a senior member of The Daily Memphian staff, she was assigned to the medical beat during the COVID-19 pandemic. She also has done in-depth work on other medical issues facing our community, including shortages of specialists in local hospitals. She covered K-12 education here for years and later the region’s transportation sector, including Memphis International Airport and FedEx Corp.
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