Paper360 - May/June 2015 - (Page 22)

millwise | InteRVIeW 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. GLENN OSTLE 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 and president. 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 and himself. 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 adapting? 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 PaperCon 2015. 22 Paper360º MAY/JUNE 2015

Table of Contents for the Digital Edition of Paper360 - May/June 2015

Over the Wire
Centennial Wrap-Up
An Interview with James Hannan
Hydraulic Accumulators
Special Capabilities at Lincoln Paper
TAPPI Journal Summaries
Dewatering Fibrous Sludge with Soy Protein
Consolidation Watch
Association News
Online Exclusives
Index of Advertisers

Paper360 - May/June 2015