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‘We need to separate this’: IP CEO unfolds DS Smith spinoff decision

Most of International Paper’s transformative work is nearly finished, and the separation of DS Smith is coming in weeks. CEO Andy Silvernail revealed what led to the decision to split the company just a year after the acquisition closed, in addition to offering predictions for economic headwinds resulting in a “slog” in 2027, during the Baird Industrial Conference on Wednesday.

“The last 2.5 years have been a heck of a journey,” he said, noting the “insanity of the external world in terms of tariffs and wars and inflation, and now the separation of IP from DS Smith.”

‘We need to separate this’: IP CEO unfolds DS Smith spinoff decision | Packaging Dive

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