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Louisiana-Pacific Corp (LPX.N)

LPX.N on New York Stock Exchange

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Summary

Name Age Since Current Position

E. Gary Cook

72 2004 Independent Chairman of the Board

Curtis Stevens

64 2012 Chief Executive Officer, Director

Sallie Bailey

57 2011 Chief Financial Officer, Executive Vice President

W. Southern

57 2016 Chief Operating Officer, Executive Vice President

Jason Ringblom

34 2017 Executive Vice President - OSB

Neil Sherman

54 2017 Executive Vice President - Siding

Michael Sims

59 2015 Senior Vice President - Sales and Marketing

Tracy Embree

43 2016 Independent Director

Daniel Frierson

75 2003 Independent Director

Lizanne Gottung

60 2006 Independent Director

Ozey Horton

66 2016 Independent Director

Kurt Landgraf

70 2005 Independent Director

Dustan McCoy

67 2002 Independent Director

Colin Watson

75 2000 Independent Director

John Weaver

71 2010 Independent Director

Biographies

Name Description

E. Gary Cook

Dr. E. Gary G. Cook, Ph.D., is Independent Chairman of the Board of the Company. Mr. Cook was Chairman, President and Chief Executive Officer of Witco Corporation from 1996 until his retirement in 1999. Until 1996, he was President, Chief Operating Officer, and a director of Albemarle Corporation. Prior to the spinoff of Albemarle from Ethyl Corporation, he served as President of the Chemicals Group, Senior Vice President and director of Ethyl. Mr. Cook was a long-time employee and officer of the DuPont Company. Mr. Cook was selected to serve as a director because of his leadership abilities and broad experience in specialty and commodity products. The Board also believes that Mr. Cook’s significant expertise in finance, capital markets and mergers and acquisitions, as well as his significant leadership capabilities in developing and maintaining a strong, diverse and independent Board with committees that work effectively to protect the integrity of the corporation as well as stockholder interests, make him particularly well-suited to serve as a director of LP. Mr. Cook serves as the non-Executive Chairman, the Chair of the Executive Committee, and as a member of the Finance and Audit Committee and Compensation Committee.

Curtis Stevens

Mr. Curtis M. Stevens is Chief Executive Officer, Director of the Company. Mr. Stevens has been Chief Executive Officer of LP since May 4, 2012. Mr. Stevens served as the Chief Operating Officer of LP from December 5, 2011 to May 4, 2012, and prior to that position served as Executive Vice President Administration and Chief Financial Officer of LP since 2002 and Chief Financial Officer of LP since 1997. Mr. Stevens is also a director of Quanex Building Products, a publicly traded OEM for residential and commercial construction markets. Mr. Stevens holds a B.A. in Economics and an M.B.A in Finance from the University of California at Los Angeles. The Board of Directors selected Mr. Stevens to serve as a director based upon a number of considerations, including his appointment as CEO of LP, his prior performance as an executive at LP, and his long history and deep familiarity with LP’s financial and operational matters. The Board of Directors also considered Mr. Stevens’ expansive knowledge of the forest products industry in North America and South America, together with his knowledge and experience in finance, accounting, capital markets, information technology and international business operations. The Board also believes he is an effective liaison between the Board and management. Mr. Stevens serves on the Executive Committee and the Environmental and Compliance Committee.

Sallie Bailey

Ms. Sallie B. Bailey is Chief Financial Officer, Executive Vice President of the Company. She previously served as Vice President and Chief Financial Officer of Ferro Corporation from 2007 through 2010 and previously as Senior Vice President, Finance and Controller of The Timken Company.

W. Southern

Mr. W. Bradley Southern serves as Chief Operating Officer, Executive Vice President of the Company. previously he was Executive Vice President of OSB since March 2015 and was Senior Vice President of Siding since May 2012 and Vice President of Specialty Operations since 2004.

Jason Ringblom

Mr. Jason Ringblom has been appointed as Executive Vice President - OSB of the Company. He was previously Vice President of OSB sales and marketing since February 2015 and held various other sales positions at LP since 2004.

Neil Sherman

Mr. Neil Sherman is a Executive Vice President - Siding of the Company, effective January 1, 2017. previously he was Senior Vice President, EWP since March 2015 and was Vice President of Supply Management since 2006.

Michael Sims

Mr. Michael Sims is Senior Vice President - Sales and Marketing of Company. Mr. Sims has worked in building products in various sales and marketing capacities since 1984. Prior to joining LP, he served as area sales manager for Abitibi-Price Corporation and the director of marketing and vice president sales for ABTco Building Products. He has most recently held the position at LP of vice president OSB sales and marketing. Sims holds a B.A. from Western State Colorado University.

Tracy Embree

Ms. Tracy A. Embree is Independent Director of the Company. Ms. Embree has worked at Cummins, Inc., a leader in the design, manufacture, distribution and service of diesel and alternative fuel engines and related technologies, since 2000 and is currently President of Cummins Components Group. Prior to her current role, Ms. Embree was President of Cummins Turbo Technologies. Since she joined Cummins she has served in a variety of roles with increasing responsibility, including marketing and sales, manufacturing, and leadership, and she has been a corporate Vice President of Cummins since 2011. Ms. Embree graduated from Massachusetts Institute of Technology with a Bachelor of Science in Chemical Engineering and holds an MBA from Harvard Business School. She is a board member of the Columbus, Indiana Foundation for Youth. The Board selected Ms. Embree to serve as a director based upon a number of considerations, including her experience in formulating corporate strategy, implementing new market strategies, sales, and operations for a global business. The Board believes that her leadership experience in these areas make her particularly well-suited to serve as a director of LP. Ms. Embree serves on the Finance and Audit Committee and the Environmental Compliance Committee.

Daniel Frierson

Mr. Daniel K. Frierson is no longer Independent Director of the Company. Mr. Frierson became a director of LP in 2003. Mr. Frierson has been Chairman and Chief Executive Officer of The Dixie Group, Inc., a manufacturer and distributor of high-end carpet and rugs headquartered in Chattanooga, Tennessee, for more than 15 years. He is also a director of Astec Industries, Inc. Mr. Frierson was selected to serve as a director based upon a number of considerations, including his operational experience in a specialty products based industry that sells into LP’s residential construction and repair/remodel customer base, his experience dealing with corporate governance, disclosure, investor relations and regulatory compliance matters, and his ability to assist in assessing risk and market influences. Mr. Frierson serves on the Environmental and Compliance Committee and as the Chair on the Nominating and Corporate Governance Committee.

Lizanne Gottung

Ms. Lizanne C. Gottung is Independent Director of the Company. Since January 1, 2017, Ms. Gottung has served as EVP-Senior Advisor to the CEO/Chairman of Kimberly-Clark Corporation, an international consumer paper products company, and will retire from Kimberly-Clark on April 1, 2017. Prior to that appointment, Ms. Gottung served as Senior Vice President and Chief Human Resources Officer of Kimberly-Clark Corporation from 2002. She has held a variety of human resources, manufacturing and operational roles of increasing responsibility with Kimberly-Clark Corporation over the past 25 years. The Board selected Ms. Gottung to serve as a director based upon a number of considerations, including her experience in labor relations and human resources in a large publicly held corporation. The Board believes that her extensive experience in leading, designing and implementing human capital strategies including compensation and benefits, both domestically and globally, talent management, diversity and inclusion, organizational effectiveness and corporate health services make her particularly well-suited to serve as a director of LP. Ms. Gottung serves on the Nominating and Corporate Governance Committee and the Compensation Committee.

Ozey Horton

Mr. Ozey K. Horton Jr., is an Independent Director of the Company. Mr. Horton has been a Director Emeritus of McKinsey & Co., a business consulting organization, since 2011 when he retired after nearly 30 years with the firm. At McKinsey, Mr. Horton had worked in various practice areas around the globe, including Pulp, Paper and Packaging, Industrial, Change Management, Global Operations in Energy and Materials, and Basic Materials. Mr. Horton is a faculty member for McKinsey’s leadership development program and also serves as an independent business advisor. Mr. Horton also serves as a director of Worthington Industries and Metso Corporation. The Board selected Mr. Horton to serve as a director because of his extensive experience in global operations, strategic planning, merger and acquisition integration and change management. The Board believes that Mr. Horton’s broad understanding of the operational and strategic issues facing large global companies, his experience in change management and merger and acquisition integration make him particularly well-suited to serve as a director of LP. Mr. Horton serves as a member of the Environmental and Compliance Committee and the Finance and Audit Committee.

Kurt Landgraf

Mr. Kurt M. Landgraf is Independent Director of the Company. Mr. Landgraf was President and Chief Executive Officer of Educational Testing Service, a non-profit organization that provides testing for education institutions, businesses and governments, from August 2000 until his retirement on December 31, 2013. Prior to that, he was Executive Vice President and Chief Operating Officer of E.I. DuPont de Nemours and Company, where he had previously held a number of senior leadership positions, including Chief Financial Officer. Mr. Landgraf is also a director of Corning, Inc. Mr. Landgraf was previously a director of IKON Office Solutions, Inc. until it merged with Ricoh Company Ltd. on October 31, 2008. He has chaired the National Pharmaceutical Council, United Way of Delaware, the Delaware Association for Rights of Citizens with Mental Retardation and the Delaware CarePlan. He recently completed a term as President of the National Consortium for Graduate Degrees for Minorities in Engineering and Sciences, Inc. Mr. Landgraf was selected to serve as a director because he possesses valuable financial expertise and operations skills and experience, represented by his positions as the Chief Financial Officer and Chief Operating Officer of DuPont. His knowledge and skills also provide the Company significant experience with capital markets transactions and investment in both public and private companies. The Board also considered his prior experience with global industrial and technology-dependent businesses, which provides the Company with informed judgment and a unique history for risk assessment that makes him particularly well-suited to serve as a director of LP. Mr. Landgraf serves as the Chair of the Finance and Audit Committee and as a member of the Executive Committee and Compensation Committee.

Dustan McCoy

Mr. Dustan E. McCoy is Independent Director of the Company. Mr. McCoy was Chairman and Chief Executive Officer and director of Brunswick Corporation, a market leader in the marine, fitness and billards industries, until his retirement on February 29, 2016. He held those positions since December 2005. He joined Brunswick Corporation in September 1999 and has also served as Vice President, General Counsel and Corporate Secretary until October 2000, and served as President of the Brunswick Boat Group from October 2000 to December 2005. In 1999, he was Executive Vice President of Witco Corporation, and prior to that served as Witco’s Senior Vice President, General Counsel and Corporate Secretary. Mr. McCoy is also a director of Freeport-McMoran Copper & Gold Inc. The Board selected Mr. McCoy to serve as a director because of his extensive experience in legal and compliance matters, and specifically his experience in corporate governance and disclosure matters for publicly traded companies. The Board believes that Mr. McCoy’s broad understanding of the operational, financial and strategic issues facing large global companies, his leadership and oversight in LP’s compliance matters, his leadership roles for companies producing both commodity and specialty products, and his valuable strategic advice to the Board and management in advancing LP’s interests make him particularly well-suited to serve as a director of LP. Mr. McCoy serves as Chair of the Environmental and Compliance Committee and as a member of the Nominating and Corporate Governance Committee.

Colin Watson

Mr. Colin De La Court Watson is no longer Independent Director of the Company. Mr. Watson became a director of LP in 2000. Mr. Watson was President and Chief Executive Officer of Vector Aerospace Corporation from November 2003 to December 2004. Previously, he was a Director and Chief Executive Officer of Spar Aerospace Limited from December 1999 until his retirement from the Spar Aerospace board in January 2002. He also served as Chief Executive Officer and President and Chief Executive Officer of Spar Aerospace. From 1979 to 1996, Mr. Watson was President and Chief Executive Officer of Rogers Cable TV, Ltd. Mr. Watson was also a director of Rogers Communications Inc. until April 2012. The Board selected Mr. Watson to serve as a director because of his extensive financial and investment experience as well as his experience in operations in Canada. Mr. Watson is a citizen of Canada and assists the Board in assessing the political and economic systems in Canada. The Board believes that his significant financial and leadership capabilities obtained from his senior leadership roles in a publicly traded company, along with his various roles in a number of private companies, make him particularly well-suited to serve as a director of LP. Mr. Watson serves on the Finance and Audit Committee and is the Chair of the Compensation Committee.

John Weaver

Dr. John W. Weaver, Ph.D., is no longer Independent Director of the Company. Mr. Weaver became a director of LP in February 2010. Mr. Weaver served as President and Chief Executive Officer of Abitibi-Consolidated, Inc., from 1999 until it merged with Bowater, Inc. in October 2007, at which time he became the Executive Chairman of Abitibi-Bowater. Mr. Weaver resigned as Executive Chairman of Abitibi-Bowater as of February 1, 2009 and from the Board of Abitibi-Bowater, Inc. as of October 31, 2009. Abitibi-Bowater filed for protection and reorganization under the bankruptcy laws of Canada and the United States in April 2009 and emerged from bankruptcy proceedings in December 2010. Mr. Weaver held a number of senior executive positions in operations and sales prior to being appointed President and Chief Executive Officer of Abitibi-Consolidated and has over 30 years of experience in the forest products industry. Mr. Weaver was a member of the Abitibi-Consolidated board of directors, and has been the chair of both the Forest Products Association of Canada and FP Innovations and a director of the U.S. Endowment for Forestry and Communities. Mr. Weaver was selected to serve as a director based on a number of considerations, including his operational expertise in the forest products industry and the political, regulatory, and economic perspective his Canadian forest products experience provides. Mr. Weaver serves on the Environmental and Compliance Committee and the Finance and Audit Committee.

Basic Compensation

Name Fiscal Year Total

E. Gary Cook

338,500

Curtis Stevens

5,504,980

Sallie Bailey

2,304,770

W. Southern

1,679,470

Jason Ringblom

--

Neil Sherman

--

Michael Sims

1,248,180

Tracy Embree

142,250

Daniel Frierson

164,000

Lizanne Gottung

159,000

Ozey Horton

21,250

Kurt Landgraf

173,500

Dustan McCoy

164,000

Colin Watson

173,500

John Weaver

163,500
As Of  30 Dec 2016