International Paper Elects Stacey J. Mobley to its Board of Directors

Date : 07/07/2008 @ 6:30PM
Source : PR Newswire
Stock : International Paper CO. (IP)
Quote : 11.65  0.57 (5.14%) @ 7:59PM
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International Paper Elects Stacey J. Mobley to its Board of Directors

MEMPHIS, Tenn., July 7 /PRNewswire-FirstCall/ -- International Paper (NYSE:IP) announced the election of Stacey J. Mobley to its board of directors, effective today.

(Logo: http://www.newscom.com/cgi-bin/prnh/20020701/IPLOGO )

"Stacey has had a distinguished 36-year career at DuPont that included serving in the Office of the Chief Executive, which has responsibility for strategic direction and operations of all the company's businesses," said John Faraci, International Paper's chairman and chief executive officer. "Given his strong leadership and his experience as an executive of a leading global company, I know Stacey will make an excellent addition to our board of directors."

Mr. Mobley, 62, is the retired senior vice president, general counsel and chief administrative officer of DuPont, a global science company. He joined DuPont in 1972 and held leadership positions in DuPont Legal, Government Affairs and External Affairs throughout his career. He earned a bachelor's degree from the Howard University School of Pharmacy in 1968 and a J.D. degree from Howard University School of Law in 1971.

Mr. Mobley is a member of the board of directors of the Wilmington Trust Co., a financial holding company, and serves on the board of trustees of Howard University.

About International Paper

International Paper (NYSE:IP) is a global paper and packaging company with manufacturing operations in North America, Europe, Latin America, Russia, Asia and North Africa. Its businesses include uncoated papers and industrial and consumer packaging, complemented by xpedx, the company's North American distribution company. Headquartered in Memphis, Tenn., the company employs more than 50,000 people in more than 20 countries and serves customers worldwide. 2007 net sales were approximately $22 billion. For more information about International Paper, its products and stewardship efforts, visit internationalpaper.com .

http://www.newscom.com/cgi-bin/prnh/20020701/IPLOGO

http://photoarchive.ap.org/

DATASOURCE: International Paper

CONTACT: Media, Patty Neuhoff, +1-901-419-4052, Investors, Tom Cleves,

+1-901-419-7566, or Ann-Marie Donaldson, +1-901-419-4967

Web site: http://www.internationalpaper.com/

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