International Paper Names Guillermo Gutierrez Vice President of Investor Relations

MEMPHIS, Tenn., May 12, 2017

Gutierrez, 45, joined International Paper in 1994 and has held roles of increasing responsibility in finance, sales, marketing, supply chain and general management.  He currently serves as Regional Managing Director, EMEA Packaging.  Gutierrez earned a Bachelors degree in finance from Tulane University in 1994 and an MBA from the University of Miami in 2001.

Guillermo, his wife Melanie, and their sons will relocate from Madrid, Spain to Memphis.

Gutierrez succeeds Jay Royalty, who has been named vice president and general manager, Foodservice.  Royalty joined International Paper in 1991 and has served in a variety of converting, sales, marketing, general management and finance roles.  Jay has served as Vice President, Investor Relations since 2013.

Jay and Guillermo will begin a transition that will conclude with the public announcement of our second-quarter financial results in late July 2017.

ABOUT INTERNATIONAL PAPER
International Paper (NYSE: IP) is a leading global producer of renewable fiber-based packaging, pulp and paper products with manufacturing operations in North America, Latin America, Europe, North Africa, Asia and Russia.  We produce packaging products that protect and promote goods, and enable world-wide commerce; pulp for diapers, tissue and other personal hygiene products that promote health and wellness; papers that facilitate education and communication; and paper bags, cups and food containers that provide convenience and portability. We are headquartered in Memphis, Tenn., and employ approximately 55,000 colleagues located in more than 24 countries.  Net sales for 2016 were $21 billion.  For more information about International Paper, our products and global citizenship efforts, please visit internationalpaper.com.