John Faraci is Chairman and Chief Executive Officer of International Paper, the world's largest paper and forest products company with 2002 revenue of $25 billion and a rank of 64th among Fortune 500 companies. Faraci joined International Paper in 1974 and has held various financial, product management, planning and general management positions in the company's industrial packaging, consumer packaging, wood products and forest resources businesses. In 1995, he became chief executive officer and managing director of Carter Holt Harvey, a New Zealand forest products company that is majority-owned by International Paper. In 1999, Faraci returned from New Zealand to assume the corporate-level position of senior vice president and chief financial officer. He was appointed executive vice president and chief financial officer in 2001, promoted to president in February 2003 and appointed to his current position in November 2003.