IP Announced Key Changes to its Board of Directors

SEATTLE (Scrap Monster): Memphis, Tennessee-headquartered International Paper (IP) announced changes to its Board of Directors.

According to company press release, it has elected Jamie A. Beggs and Scott A. Tozier to its Board of Directors with effect from May 21, 2024. Both have been appointed to the Audit and Finance Committee and the Public Policy and Environment Committee. Also, it announced retirement of Ilene S. Gordon from the Board due to personal and health reasons, effective May 21, 2024.

After these changes, the IP Board now comprises of 11 directors, of whom nine are independent directors.

Ms. Beggs currently serves as Senior Vice President and Chief Financial Officer of Avient Corporation- a leading provider of specialized and sustainable materials solutions and services. Meantime, Mr. Tozier currently serves as a strategic advisor at Albemarle Corporation- a global leader in providing essential elements for mobility, energy, connectivity, and health.

Commenting on the changes Mark S. Sutton, Chairman of IP noted that the addition of seasoned, global executives Jamie and Scott will bring extensive financial expertise and business insight to IP's Board of Directors. He also appreciated Ilene for her many contributions to the IP Board over the past 12 years.

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