Brussels, Belgium, – May 13, 2016 – International Paper announced today that Keith Townsend, Vice President for Container the Americas central region is to become the new President of IP Russia. The appointment follows the extremely successful tenure of Ksenia Sosnina who will assume a new senior leadership role with International Paper.
Jean-Michel Ribieras, President of International Paper EMEA said today “we are excited by this appointment to have Keith join the team. With over XX years experience at International Paper he will be a great addition in this strategically important market”.
In his role as President of International Paper Russia, Keith will be responsible for all of IP’s interests in Russia including manufacturing, commercial operations and all related activities.
“Keith’s wealth of business experience will further improve our position in the Russian marketplace and help us adapt to the specific opportunities of this region while simultaneously strengthening the existing collaboration with our joint venture partners the Ilim Group, delivering even greater commercial attractiveness for our customers” remarked Ribieras.
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About International Paper
International Paper (NYSE: IP) is a global leader in packaging and paper with manufacturing operations in North America,Europe, Latin America, Russia, Asia and North Africa. Its businesses include industrial and consumer packaging along with uncoated papers and pulp. Headquartered in Memphis, Tenn., the Company employs approximately 55,000 people and is strategically located in more than 24 countries serving customers worldwide. International Paper net sales for 2015 were $22billion. For more information about International Paper, its products and global citizenship efforts, visit internationalpaper.com.
About International Paper Russia
International Paper started its operations in Russia in 1998. The company focuses on the production and marketing of office and offset papers, liquid packaging board and bleached chemical thermo-mechanical pulp with wholly owned manufacturing operations in Svetogorsk. The company’s Russian footprint also includes a 50:50 joint venture with the Ilim Group, the largest integrated paper and pulp manufacturer in Russia. International Paper’s most well-known brands in Russia are Ballet and SvetoCopy.
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Media Contact: David Higgins +322 774 1217; Tom Ryan +1 901-419-4333
