LETTERFROMNEWCEO,MARKS.SUTTON 02 I AM PROUD OF THE OUTSTANDING  WORK OUR TEAM MEMBERS AROUND  THE WORLD ARE DOING EVERY DAY  TO ENABLE US TO REWARD OUR  SHAREHOLDERS AND PROVIDE VALUE TO THE STAKEHOLDERS WE SERVE. Let me begin by saying how honored I am to be International Paper’s new chairman and CEO. During my 30 years with  International Paper, I have personally experienced what a great company it is. Our long, rich 117-year history says a lot  about who we are, what we stand for and the enduring value of the fiber-based products we make. I am proud of the  outstanding work our team members around the world are doing every day to enable us to reward our shareholders and  provide value to the stakeholders we serve. TO THE SHAREOWNERS AND  EMPLOYEES OF INTERNATIONAL PAPER