International Paper Company (NYSE: IP) announced the election of Ray G. Young to its board of directors effective October 1, 2014. Mr. Young, age 52, has been the senior vice president and chief financial officer of Archer Daniels Midland Company (ADM) since 2010. Prior to joining ADM, Young served as vice president of international operations in China at General Motors Company (GM), as well as executive vice president and chief financial officer of GM.
"Ray's exceptional financial expertise, strategic acumen and deep international knowledge of global operations, add a unique and valuable perspective to the International Paper board of directors," said John Faraci, Chairman and CEO. "We are extremely pleased to have him join our board."
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