International Paper Appoints Joy Roman as Chief People and Strategy Officer

Rhea-AI Summary

International Paper (NYSE:IP) has appointed Joy Roman as Senior Vice President, Chief People and Strategy Officer, effective February 1. Roman will report to Chairman and CEO Andy Silvernail and lead the company's efforts in talent development, organizational effectiveness, and corporate strategy. She will also oversee Sustainability and Communications functions.

Roman joins from Berry Global, where she served as Chief People & Strategy Officer since April 2024. Her career includes roles at McKinsey & Company, 3M, Toll Brothers, and De Beers Group. She holds an MBA from Yale School of Management.

International Paper, headquartered in Memphis, is a global producer of sustainable packaging, pulp, and fiber-based products, with net sales of $18.9 billion in 2023. The company employs approximately 39,000 people globally with operations in North America, Europe, Latin America, and Africa.

Positive

• Creation of new strategic leadership role combining people and strategy functions
• Appointment of experienced executive with background at major companies (McKinsey, 3M, Berry Global)
• Strong 2023 performance with $18.9 billion in net sales

Negative

• None.

News Market Reaction – IP

+0.70%

1 alert

+0.70% News Effect

On the day this news was published, IP gained 0.70%, reflecting a mild positive market reaction.

Data tracked by StockTitan Argus on the day of publication.

MEMPHIS, Tenn., Jan. 22, 2025 /PRNewswire/ -- Today, International Paper (NYSE:IP) announced its Board of Directors elected Joy Roman to the newly created role of Senior Vice President, Chief People and Strategy Officer, reporting to Chairman and CEO Andy Silvernail. Effective February 1, Roman will lead International Paper's efforts in talent development, organizational effectiveness and corporate strategy as we work to build a strong connection between people and strategy and foster a winning performance culture. In addition to her HR and strategy roles, Joy will have responsibility for maximizing the company's overall impact through the Sustainability and Communications functions.

International Paper Appoints Joy Roman as Chief People and Strategy Officer

"Joy has a unique combination of human resources and strategy deployment expertise and a proven track record of results," said Silvernail. "The Board and I are confident that her passion for driving growth and value through people will be a strong asset as we build a great place to work, deliver excellence for our customers and drive profitable growth for our shareholders."

Roman joins IP from Berry Global, a manufacturer and marketer of plastic packaging solutions, where she served as Chief People & Strategy Officer since April 2024. Roman began her career as a management consultant at McKinsey & Company. Prior to her time at Berry Global, she spent 10 years at 3M in roles of increasing responsibility across the strategy and human resources functions before transitioning to Chief Human Resources Officer roles at Toll Brothers and the De Beers Group. Roman holds a master's degree in business administration from the Yale School of Management and a bachelor's degree in English and communications from the University of Wisconsin.

About International Paper
International Paper (NYSE: IP) is a global producer of sustainable packaging, pulp and other fiber-based products, and one of the world's largest recyclers. Headquartered in Memphis, Tenn., we employ approximately 39,000 colleagues globally who are committed to creating what's next. We serve customers worldwide, with manufacturing operations in North America, Europe, Latin America and Africa. Net sales for 2023 were $18.9 billion. Additional information can be found by visiting internationalpaper.com.

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SOURCE International Paper

FAQ

When will Joy Roman start as International Paper's Chief People and Strategy Officer?

Joy Roman will start her role as International Paper's Chief People and Strategy Officer on February 1, 2025.

What are Joy Roman's responsibilities at International Paper (IP)?

Joy Roman will lead IP's talent development, organizational effectiveness, corporate strategy, and oversee Sustainability and Communications functions.

What was International Paper's (IP) revenue in 2023?

International Paper reported net sales of $18.9 billion for 2023.

What is Joy Roman's previous work experience before joining IP?

Joy Roman previously served as Chief People & Strategy Officer at Berry Global, worked at McKinsey & Company, spent 10 years at 3M, and held CHRO roles at Toll Brothers and De Beers Group.

How many employees does International Paper (IP) have globally?

International Paper employs approximately 39,000 colleagues globally.