Memphis, Tenn. - International Paper Company announced the election of Ahmet C. Dorduncu to its Board of Directors effective March 6, 2011. From 2005 until his retirement in 2010, Mr. Dorduncu served as Chief Executive Officer of Sabanci Holding. He also served from 2006 to 2010 as Chairman of the Board of an industrial packaging business joint venture between Sabanci Holding and International Paper.Sabanci Holding is the parent company of the Sabanci Group, a Turkish financial and industrial company.
"Ahmet brings a knowledge of our business, as well as broad international business experience to our board and we are extremely pleased to have him," said John Faraci, Chairman and CEO. At its meeting in May 2011, the Board of Directors will assign Mr. Dorduncu to one or more committees of the Board. To learn more about other members of International Paper's Board of Directors, visit www.internationalpaper.com under the Company and Corporate Governance tab.