John T. Dillon

AAA

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.

INVESTOPEDIA EXPLAINS '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. Chairman

    An executive elected by a company's board of directors that is ...
  2. Corporate Headquarters

    A place where a company's executive offices and executives' direct ...
  3. Corporation

    A legal entity that is separate and distinct from its owners. ...
  4. Inside Director

    A board member who is an employee, officer or stakeholder in ...
  5. Fortune 500

    An annual list of the 500 largest companies in the United States ...
  6. Inventory

    The raw materials, work-in-process goods and completely finished ...
Related Articles
  1. Female CEOs Who Climbed The Corporate ...
    Entrepreneurship

    Female CEOs Who Climbed The Corporate ...

  2. Management Strategies From A Top CEO
    Professionals

    Management Strategies From A Top CEO

  3. The Best CEOs Listen To The Street
    Active Trading

    The Best CEOs Listen To The Street

  4. CEOs Who Blazed The Trail (Kroc, Hock ...
    Entrepreneurship

    CEOs Who Blazed The Trail (Kroc, Hock ...

comments powered by Disqus
Hot Definitions
  1. Elasticity

    A measure of a variable's sensitivity to a change in another variable. In economics, elasticity refers the degree to which ...
  2. Tangible Common Equity - TCE

    A measure of a company's capital, which is used to evaluate a financial institution's ability to deal with potential losses. ...
  3. Yield To Maturity (YTM)

    The rate of return anticipated on a bond if held until the maturity date. YTM is considered a long-term bond yield expressed ...
  4. Net Present Value Of Growth Opportunities - NPVGO

    A calculation of the net present value of all future cash flows involved with an additional acquisition, or potential acquisition. ...
  5. Gresham's Law

    A monetary principle stating that "bad money drives out good." In currency valuation, Gresham's Law states that if a new ...
  6. Limit-On-Open Order - LOO

    A type of limit order to buy or sell shares at the market open if the market price meets the limit condition. This type of ...
Trading Center