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xpedx Names Donel Autin Chief Financial Officer

Wednesday, August 24, 2011

Press release from the issuing company

CINCINNATI, Ohio - Donel Autin has been named Chief Financial Officer of xpedx, which is a business of International Paper (NYSE: IP). Autin will also become a member of the xpedx Senior Lead Team and International Paper's Finance Lead Team.

In his new leadership position, Autin will have overall responsibility for all financial aspects of the xpedx business. Autin will report jointly to Mary Laschinger, president, xpedx, and Tim Nicholls, chief financial officer, International Paper.

Autin began his career with International Paper in 1995 as a business analyst. In more than 16 years with the company, he has held several finance leadership positions of increasing responsibility, including controller of IP's Container the Americas business. Notably, Autin led the Container finance team through the company's $6 billion acquisition and integration of the assets of Weyerhauser's Containerboard, Packaging and Recycling business in 2008. Most recently, Autin served as IP's director, finance, Business Process and Reporting.

"Donel is a solid and proven financial leader for our company and his efforts have greatly contributed to the success of our finance redesign work," said Nicholls.

"xpedx will benefit significantly from Donel's financial experience and knowledge, so we look forward to him joining our team," said Laschinger. "Donel knows finance very well, but he also knows how to lead people and get results. We expect him to make a major contribution to the success of xpedx."

Autin has a bachelor's and master's degree in Finance from Louisiana State University. He will be based at xpedx's business headquarters in Loveland, Ohio, near Cincinnati


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