International Paper 2015 Annual Report Download - page 6

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Mark Sutton | Chairman and CEO
Leadership
Effective execution depends on strong leadership
and governance. We continued to build on the bench
strength of our company officers with many new
stretch assignments in 2015.
In February, we welcomed new board member
Ambassador William J. Burns, president of the
Carnegie Endowment for International Peace.
Ambassador Burns served in the U.S. Department
of State as Deputy Secretary of State from
2011 to 2014, as Under Secretary for Political Affairs
from 2008 to 2011, and as Ambassador to Russia
from 2005 to 2008, as well as several other posts
during his 33 years in the Foreign Service. He brings
extensive domestic and international public policy
experience and a unique, valuable perspective to the
International Paper Board of Directors.
Outlook
Looking ahead, I am confident that our
long-term strategy will continue to create
value for International Paper shareowners.
We have a skilled, engaged workforce and talented
leadership teams that continue to demonstrate
their ability to adapt to the changing demands of our
customers and the dynamic global markets we serve.
Our asset base is flexible and well-positioned with
globally competitive cost positions and with steady
access to wood fiber, our primary raw material. We
have strong positions in attractive markets and are
aligned with strategic customers.
We focus on the things we control—serving our
customers, strengthening our people and communities,
operating safely, responsibly, and sustainably, and
deliberately improving our operations.
We do the right things,
in the right ways, for
the right reasons—
this is The IP Way.
*FORWARD-LOOKING STATEMENTS
Certain statements in this Annual Performance Summary may be considered forward-looking statements within the meaning of the federal
securities laws. These statements reflect management’s current views and are subject to risks and uncertainties that could cause actual results to
differ materially from those expressed or implied in these statements. Factors that could cause actual results to differ include but are not limited
to those listed and discussed in the Company's filings with the Securities and Exchange Commission, including the Annual Report on Form 10-K
portion of this Annual Performance Summary.
Our Board of Directors and senior leaders remain
committed to generating strong, sustainable free
cash flow to fuel strategic investments that will
strengthen our portfolio of businesses and create
value for our shareowners, employees, customers,
and communities.
On behalf of the International Paper Board of Directors
and our 55,000 employees, thank you for your
continued support and ownership of International Paper.
5 ANNUAL PERFORMANCE SUMMARY 2015