International Paper (NYSE:IP) named Katherine Collins and Lori J. Ryerkerk to its board effective Oct. 1, 2026, as two directors retire year-end, even as the company declared Q3 dividends and plans to close its Carrollton South packaging plant by end-Q3 with staff support and production shifted to other facilities.
Previous Week Recap
- IP Names Directors: Collins, Ryerkerk: International Paper (IP) names Katherine Collins and Lori J. Ryerkerk to its board effective Oct 1, 2026; directors Kathryn Sullivan and Ahmet Dorduncu to retire Dec 31, 2026.
- IP Declares Q3 Dividends: International Paper (IP) declared Q3 dividends: $0.4625 per common share and $1.00 on its $4.00 cumulative preferred, payable Sept 15, 2026 to holders of record Aug 14, 2026.
- Carrollton Plant Closure: International Paper will close its Carrollton South packaging plant (Carrollton, TX) by end of Q3. Employees get severance, benefits, outplacement. Production moved to other regional IP facilities.
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