MEMPHIS, Tenn., June 12, 2012 /PRNewswire/ -- International Paper Company (NYSE: IP) announced the election of Ilene S. Gordon to its Board of Directors effective October 1, 2012.
Ms. Gordon, age 58, is Chairman, President and Chief Executive Officer of Ingredion Incorporated (formerly Corn Products International), a publicly traded global ingredient solutions company, a position she has held since May 2009. Ms. Gordon has also served as President and Chief Executive Officer of Rio Tinto's Alcan Packaging, a multinational company engaged in the production of flexible and specialty packaging, and has served in various senior executive roles at Alcan Packaging and Tenneco Inc.
"Ilene brings to our board of directors a deep understanding of our industry combined with broad international experience. We are extremely pleased to have her join the company," said John Faraci, Chairman and CEO.Ms. Gordon holds a bachelor's degree in mathematics from the Massachusetts Institute of Technology (" MIT") and a master's degree in management from MIT's Sloan School of Management. With the election of Ms. Gordon, the size of the Board is now 10 members. To learn more about other members of International Paper's Board of Directors, visit www.internationalpaper.com under the Company and Corporate Governance tab. About International PaperInternational Paper (NYSE: IP) is a global paper and packaging company with manufacturing operations in North America, Europe, Latin America, Russia, Asia and North Africa. Its businesses include uncoated papers and industrial and consumer packaging, complemented by xpedx, the company's North American distribution company. Headquartered in Memphis, Tenn., the company employs approximately 70,000 people and is strategically located in more than 24 countries serving customers worldwide. International Paper net sales for 2011 were $26 billion. Temple-Inland Inc., which was acquired in February 2012, had 2011 net sales of $4 billion. For more information about International Paper, its products and stewardship efforts, visit internationalpaper.com. SOURCE International Paper