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International Paper, the $25 billion manufacturer of paper and pulp, appointed Carol Roberts CFO and senior vice president. She replaces Tim Nicholls, the company’s CFO since 2007, who was named senior vice president of printing and communications for the Americas. Roberts, 51, joined Memphis, Tenn.-based IP in 1981 and has served as general manager of its Kraft Packaging and Kraft Paper units, vice president of people development for the human resources department and vice president of industrial packing. Roberts has been senior vice president of industrial packing since 2005.

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