International Paper Chairman Mark Sutton Named Executive Papermaker of the Year
Mark Sutton, Chairman and Chief Executive Officer of International Paper.
February 13, 2017 – PaperAge announced that Mark Sutton, Chairman and Chief Executive Officer of International Paper is the recipient of PaperAge's 30th annual "Executive Papermaker of the Year" award. An exclusive interview with Mr. Sutton will be published in the March/April 2017 issue of PaperAge magazine.
PaperAge selects its Executive Papermaker of the Year based on corporate vision, strategic objectives and strong leadership both within the individual's company and in the paper industry as a whole. The award has been an industry tradition since 1988.
In May of 2016, Sutton announced that IP had entered into a definitive agreement to purchase Weyerhaeuser's pulp business for $2.2 billion. The deal, which closed on Dec. 1, 2016, bolstered IP's legacy pulp business with the addition of five pulp mills and two converting facilities that produce fluff pulp, softwood pulp, and specialty pulp products for a number of consumer applications including diapers, other hygiene products, tissue, and textiles.
“Weyerhaeuser's pulp business has an outstanding customer base served from low-cost, well-run assets that complement our existing system and offers significant synergy opportunities,” said Sutton. “This transaction will position us as the premier global supplier of fluff pulp and will enhance our ability to generate additional free cash flow.”
Also in 2016, IP acquired a newsprint mill in Madrid, Spain. IP plans to convert the mill's relatively new paper machine during the second half of 2017 for the production of recycled containerboard with an expected capacity of 380,000 metric tonnes. After completion of the machine conversion, the mill's production will support IP's growing corrugated packaging business in the EMEA region.
Bio – Mark Sutton
Mark Sutton became chairman of the International Paper Board of Directors on January 1, 2015 and CEO of International Paper on November 1, 2014. Immediately prior to becoming CEO, he served as president and chief operating officer with responsibility for leading and running the company's global businesses. He has been a member of the International Paper board of directors since June 1, 2014.
Sutton has been with the company his entire career. He joined International Paper in 1984 as an engineer at the Pineville, Louisiana mill. In 1994, he was named mill manager at the Thilmany, Wisconsin mill, which at the time was part of International Paper's industrial papers business.
In 2000, Sutton relocated to Europe to serve as director of European corrugated packaging operations and was promoted to vice president and general manager responsible for all corrugated packaging operations across seven countries in the EMEA (Europe, the Middle East and Africa) region in 2002.
In 2005, Sutton was named vice president of corporate strategic planning and relocated to IP's headquarters in Memphis, Tennessee. He was named senior vice president, global supply chain, in 2007 and in 2009 became senior vice president, printing and communications papers – the Americas.
Sutton was appointed to senior vice president, industrial packaging, in November 2011.
Sutton is a member of The Business Council and the Business Roundtable. He serves on the American Forest & Paper Association Board of Directors and the International Advisory Board of the Moscow School of Management – Skolkovo. He was appointed Chairman of the U.S. Russian Business Council and was also appointed to the U.S. Section of the U.S.-Brazil CEO Forum. He also serves on the Board of Directors of Memphis Tomorrow and Board of Governors for New Memphis Institute.
Sutton holds a Bachelor of Science degree in electrical engineering from Louisiana State University.
About International Paper
International Paper is a global leader in packaging and paper with manufacturing operations in North America, Europe, Latin America, Russia, Asia and North Africa. Its businesses include industrial and consumer packaging along with uncoated papers and pulp. To learn more, please visit: internationalpaper.com.
Originally founded in 1884 as a paper industry news publication titled, “United States Paper Maker”, PaperAge today has evolved into the premier publication for paper industry professionals around the world. To learn more please visit: www.paperage.com.