International Paper Chairman & CEO Andrew Silvernail discusses the company's improvement plan taking shape and equity outlook. International Paper has outlined early steps to improve performance, including boosting Ebitda to $4 billion in the medium term from $2 billion over the past 12 months. Costs savings are expected to account for $1.2 billion of the boost, with the remaining $800 million from its new commercial strategy. This is on top of integrating the DS Smith acquisition, which is projected to close in January. Execution is a risk since the shift represents a complete change in mindset from running mills full out. Silvernail spoke with Bloomberg's Alix Steel and Paul Sweeney

Senior Fellow at Council on Foreign Relations Rebecca Patterson Talks "Too Much"
07:54

Chief Economist at New Century Advisors Claudia Sahm Talks Labor Market
08:57

NEC Director Kevin Hassett Talks US Debt
09:38