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Paul J. Sobel was approaching a crossroads in his long career when Georgia-Pacific Corp came calling to ask him to serve as its chief audit executive. Sobel previously performed the same role at three other public companies—two in the energy business and one in publishing—and before that was a partner at the late accounting firm Arthur Andersen, leaving just prior to its collapse. “I really knew very little about the paper, pulp and building products industry, but G-P put a great opportunity in front of me,” he explains.

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