John faraci biography
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John Faraci
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John Faraci
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John V. Faraci
American businessman
John V. Faraci is an American businessman. He served as the chairman and chief executive officer of International Paper from November 1, , through October 31, He was succeeded by Mark Sutton.[1][2]
Biography
[edit]Early life
[edit]He attended Denison University, where he was a member of the Lambda Chi Alpha fraternity, and received an M.B.A. from the University of Michigan's Ross School of Business.[3]
Career
[edit]From to , he was CEO and managing director of Carter Holt Harvey Ltd., a former majority-owned subsidiary of International Paper located in New Zealand. In , he became senior vice president of finance and chief financial officer of International Paper. In , he became chairman and CEO. In September , 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