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International Paper's Board of Directors Elects DG Macpherson

Press release from the issuing company

Memphis, Tenn. – International Paper Company announced the election of DG Macpherson to its Board of Directors effective March 1, 2021.

Mr. Macpherson, 53, currently serves as Chairman and Chief Executive Officer of W.W. Grainger, Inc., a Fortune 500 industrial supply company focused on maintenance, repair and operating supplies and related services. Before being elected to his current role, he served as the company's Chief Operating Officer after leading its strategy development and global supply chain.

Before joining Grainger, Mr. Macpherson served as a Partner and Managing Director of the Boston Consulting Group. Early in his career, he served in the U.S. Air Force as a test engineer. He holds a Bachelor's degree from Stanford University and a Master's of Business Administration from Northwestern University's Kellogg School of Management.

"DG's extensive supply chain, manufacturing, and operational experience will add tremendous value to our Board, as will his in-depth knowledge of developing and improving the customer experience from order to delivery," said Mark Sutton, Chairman and Chief Executive Officer. "We will benefit from his diverse perspective and background and we are pleased to have DG join our Board."

Mr. Macpherson was identified through a national search conducted by the Diversified Search Group. With the election of Mr. Macpherson, the Board will have 12 directors. To learn more about other members of International Paper's Board of Directors, visit www.internationalpaper.com

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