From the May 2003 issue of Treasury & Risk magazine

Recent Recruit Named Cfo Of International Paper...

RECENT RECRUIT NAMED CFO

Chris Liddell was named CFO and senior vice president of International Paper Co. in March after joining the $24.9 billion forest products company last December as vice president of finance. But Liddell, 44, has plenty of experience in the paper business. Before joining International Paper, he had worked since 1995 at Carter Holt Harvey Ltd., a $2 billion paper company in New Zealand that is 51% owned by International Paper. Liddell was Carter Holt Harvey's CEO from 1999 to 2002 and served as its CFO from 1995 to 1998. Liddell is taking the finance reins at International Paper as the company embarks on a three-year program to improve profitability by increasing its overall revenues via "higher volumes and better mix." He succeeds John Faraci, who was named International Paper's president in February.

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