International Paper Names Two New Directors, Announces Texas Plant Closure
Paper Recycling | 2026-07-27 11:15:21
Separately, International Paper revealed plans to permanently close its Carrollton South packaging facility in Carrollton, Texas, by the end of the third quarter of 2026.
By Paul Ploumis
SEATTLE (Scrap Monster): International Paper has appointed Katherine Collins and Lori J. Ryerkerk to its Board of Directors, with effect from October 1, 2026. The appointments are in line with the company’s efforts to strengthen its leadership team and advance its long-term business strategy.
Collins brings more than 30 years of experience in investment management and sustainable finance. She previously served as the first Head of Sustainable Investing at Putnam Investments, where she helped build the firm's sustainable investment business. She is also the founder and CEO of Honeybee Capital Foundation and has held senior investment leadership roles at Fidelity.
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Ryerkerk joins the board with over four decades of experience in the global energy, chemicals, and manufacturing sectors. She most recently served as Chairman, President, and CEO of Celanese Corporation, overseeing major business expansion initiatives and sustainability programs. She also serves on the boards of several leading U.S. companies.
The company also announced that Dr. Kathryn Sullivan and Ahmet Dorduncu will retire from the Board at the end of 2026.
Separately, International Paper revealed plans to permanently close its Carrollton South packaging facility in Carrollton, Texas, by the end of the third quarter of 2026, to better align manufacturing capacity with customer demand.
POLL
What was the key focus of International Paper's latest announcement?
Frequently Asked Questions
- Who has been appointed to International Paper's Board of Directors?
Katherine Collins and Lori J. Ryerkerk have been appointed to the Board, effective October 1, 2026.
- What experience do the new board members bring?
Collins has extensive expertise in investment management and sustainable finance, while Ryerkerk brings more than 40 years of leadership experience in the energy, chemicals, and manufacturing industries.
- What operational change did International Paper announce?
The company will permanently close its Carrollton South packaging facility in Carrollton, Texas, by the end of the third quarter of 2026 to optimize production capacity and better serve customer demand.
