Group 1 - The Manufacturing Institute recognized Sarah Dale, Plant General Manager at International Paper, with the 2024 Women MAKE Award for her excellence and leadership in the manufacturing industry [1] - The Women MAKE Awards are part of the MI's Women MAKE America initiative, which aims to close the gender gap in manufacturing, where women represent less than one-third of the workforce despite making up about half of the U.S. labor force [1] - International Paper aims to achieve 30% overall representation of women in all positions and 50% in salaried positions as part of its Vision 2030 goals [2] Group 2 - The Manufacturing Institute focuses on building, diversifying, and strengthening the modern manufacturing workforce, engaging underrepresented communities, and providing skilled training and career development programs [3] - International Paper is a global producer of sustainable packaging, pulp, and fiber-based products, with net sales of $18.9 billion in 2023 and approximately 39,000 employees worldwide [3]

International Paper Company (IP) has confirmed that it has entered into an agreement to acquire the entire issued share capital of DS Smith (DITHF) . This marks a strategic move to strengthen its corrugated packaging business in Europe and prioritize sustainable packaging. The buyout is expected to be accretive to IP’s earnings in the first year of closure and provide at least $514 million of pre-tax cash synergies on an annual run-rate basis by the end of the fourth year following the close.The offer value ...

NEW YORK, April 17, 2024 (GLOBE NEWSWIRE) -- Kuehn Law, PLLC, a shareholder litigation law firm, is investigating potential claims related to the below-listed proposed mergers. Kuehn Law may seek additional disclosures or other relief on behalf of the shareholders of these companies. Kuehn Law is investigating whether the Boards of the below companies 1) acted to maximize shareholder value, 2) failed to disclose material information, and 3) conducted a fair process: NuStar Energy has agreed to be acquired b ...

Creates Significant Shareholder Value and a Global Leader in Sustainable Packaging Solutions with a Focus on Attractive and Growing North American and European Regions Strengthens Customer Value Proposition Through Enhanced Offerings, Innovation and Geographic Reach Expected to Achieve Significant Synergies of At Least $514 Million EPS Accretive in Year One with a Strong Investment-Grade Balance Sheet Shared Commitment to Sustainability and Responsible Growth MEMPHIS, Tenn., April 16, 2024 /PRNewswire/ -- ...

Yuji SakaiInternational Paper Company (NYSE:IP) shows a 4.7% dividend yield and recent recommendations from investment banks. IP appears to be making significant transformations that include sale of assets and restructuring, which could accelerate with the recently elected CEO. In addition, I think that further repurchases of its own shares and reduction in the share count could bring significant demand for the stock. I did see some risks from failed reduction in the debt/EBITDA level, supply chain issu ...

International Paper (IP) shares soared 11% in the last trading session to close at $38.77. The move was backed by solid volume with far more shares changing hands than in a normal session. This compares to the stock's 2.4% loss over the past four weeks.International Paper witnessed a significant increase in its share value following the announcement of Andrew Silvernail being appointed as the next Chief Executive Officer. Silvernail, who boasts two decades of leadership experience in both manufacturing and ...

Core Insights - International Paper appointed Andrew Silvernail as the new CEO, replacing Mark Sutton, who has been in the role since 2014 and will remain as chairman of the board [1][2] - The announcement led to a significant increase in International Paper's stock, reaching its highest level in over a year [1] - Silvernail has a background as an executive advisor at KKR and has previously served as CEO of Madison Industries and IDEX Corporation [1] Company Transition - The succession process was described as "comprehensive" by Sutton, indicating a well-planned transition [2] - Silvernail expressed confidence in the company's positioning for growth moving forward [2] Stock Performance - Following the announcement, shares of International Paper rose by 10.9%, reaching $38.73 [2]

International Paper (IP 10.33%) has a new CEO, and investors appear pleased with the choice. Shares of IP are up about 10% as of 12:45 Eastern, an unusually large move for the typically mundane forestry and paper products company.Changes at the topInternational Paper investors have faced a good deal of uncertainty in recent years. The company has historically been a good choice for income-focused investors, with slow but steady growth and a predictable dividend. But that cash payout has been the subject of ...

Leadership Transition - International Paper has elected Andrew Silvernail as the new Chief Executive Officer (CEO), effective May 1, 2024, succeeding Mark Sutton, who will remain as Chairman of the Board [1][2] - Silvernail brings two decades of experience in leading global companies, having previously served as Chairman and CEO of Madison Industries and IDEX Corporation, where he achieved over 500% total shareholder return [1][2] Company Performance and Legacy - Under Mark Sutton's leadership, International Paper navigated the pandemic and economic challenges, achieving record-level market capitalization [2] - Sutton's tenure is noted for creating a safer, more focused, and financially strong company with a strong culture [2] Future Outlook - Silvernail expressed confidence in the company's positioning for growth and emphasized the importance of its core values and sustainability efforts [3][4] - The company aims to be among the most successful, sustainable, and responsible companies globally, with a workforce of over 39,000 employees [4][5] Financial Overview - International Paper reported net sales of $18.9 billion for the year 2023 [5]

Annual recognition highlights organizations that have demonstrated a commitment to business integrity through robust ethics, compliance, and governance programs MEMPHIS, Tenn., March 7, 2024 /PRNewswire/ -- International Paper (NYSE: IP), a global producer of sustainable packaging, pulp and other fiber-based products, received the 2024 World's Most Ethical Companies® recognition by Ethisphere, a global leader in defining and advancing the standards of ethical business practices. IP has been recognized for ...