John T. Dillon

DEFINITION of 'John T. Dillon'

A former president, chairman 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 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 two mergers and a major acquisition to increase its market share. However, industry suffered during the recession that began in 2001.

BREAKING DOWN 'John T. Dillon'

Born in 1938 in New York State, Dillon earned his masters degree from the Columbia University Graduate School of Business in 1971. He has also served as a director of Caterpillar, E.I. du Pont de Nemours & Co. and Kellogg Co.

RELATED TERMS
  1. Paper Dealer

    A market maker that buys and sells extremely short-term corporate ...
  2. Tax-Exempt Commercial Paper

    An unsecured short-term loan, usually issued to finance short-term ...
  3. Fine Paper

    High-quality securities that are assumed to be risk free, or ...
  4. Jamie Dimon

    The chairman, CEO and former president of JPMorgan Chase & Co. ...
  5. Valuable Papers Insurance

    A special type of property-casualty insurance. Valuable papers ...
  6. Paper Millionaire

    An individual who has achieved a high net worth as a result of ...
Related Articles
  1. Managing Wealth

    Introduction To Commercial Paper

    Commercial paper is a short-term instrument that can be a viable alternative for retail fixed-income investors looking for a better rate of return on their money.
  2. Trading

    Pros And Cons Of Paper Trading

    Most market novices should paper trade for a considerable amount of time, despite key drawbacks.
  3. Markets

    Commercial Paper

    Commercial paper is a short-term debt security issued by financial companies and large corporations. The corporation promises the buyer a return, or profit, for making the loan. The return is ...
  4. Markets

    Five Paper Companies Licensed To Print Money

    Here's a sector that significantly outperformed the broader market year to date.
  5. Retirement

    Money Market: Commercial Paper

    For many corporations, borrowing short-term money from banks is often a laborious and annoying task. The desire to avoid banks as much as possible has led to the widespread popularity of commercial ...
  6. Markets

    The 5 Highest Paid Executives in the Materials Sector (DOW, PX)

    Learn who the top-earning executives are in the basic materials sector and which companies are thriving during volatile economic conditions.
  7. Markets

    Is Int'l Paper's Dividend Raise Sustainable? (IP)

    International PaperĀ (NYSE: IP) has given its shareholders a fine reason to celebrate. On Tuesday, the company raised its quarterly dividend by 10% to $0.44 per share. It has gotten into the ...
  8. Professionals

    The 5 Highest Paid Executives in the Consumers Sectors (LBTYA, CBS)

    Discover who the highest-paid executives in the consumer sectors are and how they reached their positions of power and influence.
  9. Personal Finance

    Panama Papers: Searchable Database of All 214,000 Parties Now Live

    Prepare for global mayhem.
  10. Insights

    3 Billionaires Who Graduated from Columbia University (KO, C)

    Find out the story behind some of the more famous alumni of Columbia University who have become billionaires in investment management.
RELATED FAQS
  1. Can a business ever be too small to issue commercial paper?

    See why market forces regulate the size of companies that issue commercial paper, even though there are no official regulations ... Read Answer >>
  2. How can retail investors invest in commercial paper?

    Find out how individual retail investors can purchase short-term commercial paper, but why it rarely makes good investment ... Read Answer >>
  3. What is the difference between a president and a chief executive officer? Can there ...

    In general, the chief executive officer (CEO) is thought of as the highest ranking officer in a company while the president ... Read Answer >>
  4. Why is it less than ideal for a CEO of a company to also hold the position of COO?

    Learn the difference between a company's CEO and COO, and understand the division of labor that should be present between ... Read Answer >>
  5. How can an investor profit from a fall in the chemicals sector?

    Learn how investors profit from declines in the chemicals sector by employing speculation methods, such as short selling, ... Read Answer >>
  6. What is the average annual dividend yield of companies in the electronics sector?

    Explore the chemicals sector, one of the largest market sectors, and learn which companies in the sector offer the highest ... Read Answer >>
Hot Definitions
  1. Glass-Steagall Act

    An act the U.S. Congress passed in 1933 as the Banking Act, which prohibited commercial banks from participating in the investment ...
  2. Quantitative Trading

    Trading strategies based on quantitative analysis which rely on mathematical computations and number crunching to identify ...
  3. Bond Ladder

    A portfolio of fixed-income securities in which each security has a significantly different maturity date. The purpose of ...
  4. Duration

    A measure of the sensitivity of the price (the value of principal) of a fixed-income investment to a change in interest rates. ...
  5. Dove

    An economic policy advisor who promotes monetary policies that involve the maintenance of low interest rates, believing that ...
  6. Cyclical Stock

    An equity security whose price is affected by ups and downs in the overall economy. Cyclical stocks typically relate to companies ...
Trading Center