Companies
International Paper
PackagingMemphis, TennesseeIP62,602 employees
More about International Paper
Makes corrugated boxes and containerboard in North America and, through DS Smith, paper-based packaging in Europe
Revenue
$23.6B
Fiscal 2025, up about 49% after the DS Smith acquisition
Employees
62,602
As of December 2025
Stock
IP
New York Stock Exchange
Headquarters
Memphis, Tennessee
CEO
Andy Silvernail
Since May 2024
Main businessesNorth American packaging, EMEA packaging (DS Smith)
Current strategySplitting into two companies by spinning off its EMEA packaging business (announced January 2026), while improving mill reliability and cutting costs
Recent workforce changesFour North American plant closures affecting 330 workers announced June 2026; Campti, Louisiana mill closed in March 2025
CompetitorsSmurfit Westrock, Packaging Corporation of America, Graphic Packaging
Related companiesSmurfit WestrockPackaging Corporation of America
Checked October 11, 2026 · Sources: sec.gov, packagingdive.com, packagingeurope.com, sec.gov (2)
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