International Paper Announces Changes To Executive Leadership Memphis, Tennessee based International Paper an- nounced changes to its executive leadership team. Tim Nicholls has been named Executive Vice President and President of DS Smith, an International Paper compa-
The Perfect Combo Get Peak Performance From Your Equipment with Matched Component Sets
ny, reporting to Chairman and Chief Executive Officer Andy Silvernail. Tim has more than 30 years of in- dustry experience including a variety of business and finance leadership roles. He has served as the CFO of International Paper since 2018 and held the CFO role from 2007 to 2011. From 2014 to 2018, Tim led IP’s Pack-
Tim Nicholls
aging business in North and South America and earlier in his career he was based in Europe as the VP and CFO for IP Europe. He led the IP side of the integration planning for the combination with DS Smith and served as the interim leader of the combined business in EMEA since the close of the transaction. “Tim is an exceptional leader with a passion for people and results. I look forward to working with him in this new leadership role where he can continue to build a strong team that will drive excellence,” said Silvernail. Lance Loeffler will join International Paper as Senior Vice President and Chief Financial Officer (CFO), reporting
Nothing’s more rewarding than a couple made for each other.
That’s why the engineers at ARC International have focused their skills and talents on crafting perfect matches between the components that must work in tandem on your flexo folder gluers and die-cutters: • Anilox Rollers and Ink Chambers • Anilox and Wiper Rollers • Feed and Pull Rollers • Glue and Meter Rollers You can achieve the press speeds and print quality you need to fill your most demanding orders by pairing your team with The ARChitects of Flexo . Contact ARC today to learn how these engineered matches of flexo folder gluer and die-cutter components (new or reconditioned) can help you achieve a more perfect union of production and profits.
to Silvernail. Throughout his more than 25-year career, he has worked in finance, strategy and business leadership roles at UBS Investment Bank, Deutsche Bank Securities and Halliburton. At Halliburton, he served as CFO for four years and most re- cently was the SVP, Middle East, and North Africa Region.
Lance Loeffler
“We are thrilled to have Lance join the IP team,” Silver- nail added. “Lance is an effective and experienced CFO and public company leader with a proven track record of performance. He will be an incredible asset in supporting International Paper’s transformational journey as a lead- ing producer of sustainable packaging solutions in North America and EMEA.”
PCA Announces Planned Management Changes
Lake Forest, Illinois based Packaging Corporation of Amer- ica has announced several changes to its management team. Robert (Bob) P. Mundy, PCA’s Executive Vice Pres- ident and Chief Financial Officer, will step down as CFO on May 1 and remain employed by PCA in an advisory role through his planned retirement date of March 1, 2026. CONTINUED ON PAGE 16
The ARChitects of Flexo
SINCE 1984
ARCInternational.com 800-526-4569
14
www.boardconvertingnews.com
March 10, 2025
Made with FlippingBook. PDF to flipbook with ease