International Paper(IP) Prnewswire·2025-02-28 07:30Group 1 - Tim Nicholls has been appointed as Executive Vice President and President of DS Smith, bringing over 30 years of industry experience, including previous roles as CFO of International Paper [1] - Nicholls has led the integration planning for the combination with DS Smith and has served as the interim leader of the combined business in EMEA since the transaction's closure [1] - Lance Loeffler will join International Paper as Senior Vice President and CFO, with over 25 years of experience in finance and business leadership roles [3] Group 2 - International Paper is a global leader in sustainable packaging solutions, headquartered in Memphis, Tennessee, with operations in over 30 countries and employing more than 65,000 team members [4] - The company reported net sales of $18.6 billion for 2024 and acquired DS Smith in 2025, enhancing its position in the North American and EMEA markets [4]