International Paper's stock rose 10% after KKR advisor Andrew Silvernail was appointed CEO, effective May 1.
International Paper stock rose 10% after Andrew Silvernail, an experienced executive advisor from KKR & Co, was appointed as the company's new CEO, effective May 1. Silvernail has previously held CEO positions in manufacturing companies. The appointment is seen as a positive development, with investors expecting a smooth transition and improved growth prospects for the company.
March 19, 2024
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