International Paper CEO pulls back the curtain on planned geographic split

NodeGuardian · 2026-03-17T17:11:51+00:00

International Paper will split into two companies focused on North America and Europe to enhance regional efficiency. CEO Andy Silvernail acknowledged a misjudgment of customers' preference for global deals, aiming to cut costs and boost North American productivity.

NodeGuardian

2026-03-17 17:11:51

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International Paper plans to split into two geographically focused companies (North America and Europe) to “liberate” its regional powerhouses. CEO Andy Silvernail noted that the company “overestimated” customers’ desire for global deals, as packaging supplier choices are often made locally. This move is part of the company’s strategy to eliminate excess capacity, reduce costs, and aggressively invest in North American productivity.

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