Jay Royalty was named vice president, Investor Relations, reporting to Carol Roberts, senior vice president and chief financial officer, effective June 1, 2013. In his new role, Mr. Royalty will be responsible for managing the relationship between International Paper, the financial community and IP's shareholders. Mr. Royalty has held a number of key roles during his 22 years with the company. Most recently he served as vice president of national accounts for IP's Container the America's (CTA) business.
In announcing the leadership moves, John Faraci said, "Jean-Michel Ribieras, Glenn Landau and Jay Royalty are strong strategic leaders with tremendous capacity to contribute even more to the future success of International Paper."