Paper360 - May/June 2015 - (Page 22)
An Interview with James Hannan
Being named PIMA executive of the Year during tAPPI's Papercon
event in Atlanta is only the latest in a slew of honors bestowed on
Georgia-Pacific's ceO in the last few years.
James Hannan's career with Koch
Industries began in 1998 in its mineral services unit where he served as chief financial
officer. When Koch acquired Georgia-Pacific
(G-P) in late 2005, Hannan was named executive vice president and chief administrative
officer. In August 2006, he was promoted to
president and COO, and in 2007 became CEO
G-P is one of the world's top manufacturing firms, with 17 locations in Georgia and
operations that employ more than 7,000 people directly, while creating opportunities for
another 28,000 across the industry. It produces
a variety of products that range from tissue to
building-related chemicals. During Hannan's
tenure, Georgia-Pacific has invested more than
$12 billion in its businesses through acquisitions, innovation and investments in existing
operations. During that same time, it has also
paid down approximately $9 billion in debt.
Paper360° asked the new Executive of
the Year a few questions about his company
Q: With the incursion of digital media, the
pulp and paper industry is shifting and
changing with packaging and tissue grades
taking center stage. How have these markets changed and how is Georgia-Pacific
Georgia-Pacific is a market-based company with a broad portfolio of products.
Center stage for us is about making the products customers want, but also anticipating
their changing needs.
One example is our communication papers
business, which continues to perform despite
the steady decline in demand for office
papers. We can be profitable by being innovative in the way we serve our communication papers customers, most of whom are
large retail or club stores that sell copy paper,
but who also supply small businesses with a
range of products. We want to also be their
supplier of bath tissue, paper towels, cups
and copy paper.
Another example of how we're adapting
and anticipating customer needs is our Brand
Ready Packaging® service, which offers retailready packaging to enhance the shopper's
experience and ultimately increase our customers' sales.
We talk a lot within Georgia-Pacific about
"creative destruction." Recognizing that our
customer needs are changing, we need to
anticipate those changes and develop and
deliver those products and services.
Q: Since you have been at Georgia-Pacific,
the company has invested more than $12
billion in acquisitions, innovations and
existing operations. What is the strategy
behind this large investment and what will
future investments consist of?
Our investments have focused on improving our products, our efficiency, our environmental or safety performance and
innovation. They have been consistent with
Koch's philosophy of investing on average 90
percent of earnings back into the business.
Georgia-Pacific has been, and will continue to
be, a platform for growth for Koch Industries.
James Hannan receiving his award as PIMA Executive of the Year during TAPPI's
Table of Contents for the Digital Edition of Paper360 - May/June 2015
Over the Wire
An Interview with James Hannan
Special Capabilities at Lincoln Paper
TAPPI Journal Summaries
Dewatering Fibrous Sludge with Soy Protein
Index of Advertisers
Paper360 - May/June 2015