MEMPHIS, Tenn. - International Paper (NYSE: IP) announced Guillermo Gutierrez has been named vice president of Investor Relations, effective July 1, 2017, reporting to Glenn Landau, senior vice president and chief financial officer.

Gutierrez, 45, joined International Paper in 1994 and has held roles of increasing responsibility in finance, sales, marketing, supply chain and general management.  He currently serves as Regional Managing Director, EMEA Packaging.  Gutierrez earned a Bachelors degree in finance from Tulane University in 1994 and an MBA from the University of Miami in 2001.

Guillermo, his wife Melanie, and their sons will relocate from Madrid, Spain to Memphis.

Gutierrez succeeds Jay Royalty, who has been named vice president and general manager, Foodservice.  Royalty joined International Paper in 1991 and has served in a variety of converting, sales, marketing, general management and finance roles.  Jay has served as Vice President, Investor Relations since 2013.

Jay and Guillermo will begin a transition that will conclude with the public announcement of our second-quarter financial results in late July 2017.