John T. Dillon

Investopedia

Who is ‘John T. Dillon’

John T. Dillon is a senior managing director with Evercore Inc. and is a former President, Chairman of the Board and CEO of International Paper Co., a plywood, paper, pulp, packaging and chemical company. Dillon joined International Paper in 1965 as a sales trainee. Over the next 30 years, he worked his way up, becoming President and COO in 1995 and Chairman of the Board and CEO in 1996, positions he held until 2003 when he retired.

Dillon helped turn International Paper into a large multinational corporation, leading it through mergers with Union Camp Corporation and Champion International Paper to help increase its market share. However, the industry and International Paper suffered during the recession that began in 2001 and Dillon left two years later.

BREAKING DOWN ‘John T. Dillon’

John T. Dillon was born in Schroon Lake, New York in 1938, He earned his undergraduate degree from the University of Hartford in 1965 and his Master of Business Administration degree from the Columbia University Graduate School of Business in 1971. He has served as a director with Caterpillar Inc., E.I. du Pont de Nemours & Co.,Kellogg Co. and Vertis. In 2001, he was named Chairman of the Business Roundtable. He is also a member of The Business Council. He is a former Chairman of the American Forest and Paper Association, was a member of the President’s Advisory Council on Trade Policy and Negotiations and was chairman of the National Council on Economic Education.

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