John V Faraci Net Worth is58.1 $Million
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John V. Faraci is the chairman and chief executive officer of International Paper since November 2003. Earlier in 2003, he was elected president of International Paper, and he previously served as executive vice president and chief financial officer from 2000 to 2003. From 1999 to 2000, he was senior vice president-finance and chief financial officer. From 1995 until 1999, he was chief executive officer and managing director of Carter Holt Harvey Ltd., a former majority-owned subsidiary of International Paper located in New Zealand. Faraci is a member of the board of directors of United Technologies Corporation. He also serves as a member of the boards of the Grand Teton National Park Foundation, and the National Park Foundation. He is a trustee of Denison University and a member of the Citigroup International Advisory Board. Director since February 11, 2003.
In September 2009, CNNMoney listed Faraci as number four on a list of the five most overpaid CEOs. The story noted his total compensation was over $38 million during a period when his company lost 63% of its value.
He attended Denison University, received an MBA from the University of Michigan's Ross School of Business and is a member of Lambda Chi Alpha Fraternity. He is a trustee of the American Enterprise Institute.
Faraci is also a father of two and a husband.

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John V Faraci Latest News

Meritan’s Branch Named Among Top Nurses

John V. Faraci, chairman and chief executive officer of International Paper, has been named chairman of the Denison University board of trustees. Faraci is a 1972 graduate of Denison and has served as a trustee since 2003. Charles Key has joined LifeLinc ...
Posted: September 16, 2014, 2:01 pm

John V. Faraci, CEO of International Paper, named RISI North American CEO of the Year

Mr. John V. Faraci, CEO of International Paper, has been named the 2014 North American CEO of the Year by RISI, the leading information provider for the global forest products industry. The award will be presented to Mr. Faraci at the 29th Annual RISI ...
Posted: July 29, 2017, 6:16 am

International Paper eyes expansions in Industrial Packaging

International Paper said it continues to see market expansion opportunities in its Industrial Packaging business after trebling business in the last five years. John V. Faraci, chairman and chief executive officer, told analysts he believed the ...
Posted: July 29, 2013, 1:37 am

Mark S. Sutton Elected International Paper Chairman and CEO; John V. Faraci to Retire

MEMPHIS, Tenn., Sept. 8, 2014 /PRNewswire/ -- International Paper (NYSE: IP) today announced that the board of directors has elected Mark S. Sutton Chief Executive Officer, effective November 1, 2014 and chairman of the board effective January 1, 2015.
Posted: September 7, 2014, 5:00 pm

International Paper announces leadership change

He previously was senior vice president of industrial packaging. The company also announced this week the retirement of John V. Faraci, who has served as CEO and chairman of the board since November of 2003. Faraci led a transformation of IP that began in ...
Posted: September 10, 2014, 3:21 am
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