Andy Silvernail

Andy Silvernail was recently elected as the next Chief Executive Officer of International Paper, effective May 1, 2024.

Andy joins IP from KKR & Co., Inc., a global investment firm, where he served as an executive advisor. He has two decades of experience leading global companies in the manufacturing and technology sectors. He is the former Chairman and CEO of Madison Industries, one of the world’s largest privately held companies. Prior to that, Silvernail served as Chairman and CEO of IDEX Corporation from 2011 to 2020. Employee engagement reached best-in-class performance and total shareholder return grew by more than 500% during his tenure at IDEX. His strategic agility and expertise in customer segmentation, innovation, Lean operating models and mergers and acquisitions have been foundational to his ongoing success. Andy previously held executive positions at Rexnord Industries, Newell Rubbermaid and Danaher Corporation.

Andy is a principles-based leader, driven by a strong sense of purpose and a commitment to making a difference. Throughout his various leadership positions, Andy championed employee engagement, community leadership and value creation. His approach to engaging all stakeholders led to best-in-class employee engagement, millions of dollars invested in local communities, and the creation of $20 billion in shareholder value.

Andy was named one of the most powerful CEOs 40 and Under by Fortune Magazine and one of the top CEOs in America by Institutional Investor Magazine. Andy has been a trustee for the Manufacturers Alliance, a member of the Board of Advisors for the Dartmouth Thayer School of Engineering and served on the advisory board for Harvard Business School. Andy is also a member of the 2012 Class of Henry Crown Fellows at the Aspen Institute. He currently serves on the board of directors of Stryker Corporation.

A strong believer in serving people through community involvement, Andy has served as a director for the Boys & Girls Club of Lake County, Illinois and as a National Trustee for the Boys & Girls Club. At IDEX, Andy established and grew the IDEX Foundation, the company’s charitable giving entity. He currently is Chair of the Board of Paws for Patrick, a non-profit dedicated to helping young people with mental illness through the emotional support of animals.