NASHVILLE, Tenn.--(BUSINESS WIRE)--May 1, 2014--
Louisiana-Pacific Corporation (NYSE: LPX) announced today that Archie W.
Dunham retired from the board of directors at the Annual Meeting of
Shareholders as required by the mandatory retirement age in the bylaws.
Mr. Dunham has served on the board since 1996 and during his tenure
served as the Chairman of the Finance and Audit Committee and was also a
member of both the Compensation Committee and Executive Committee.
“Archie has made many contributions to LP during his board service, both
in up and down markets,” said Curt Stevens, chief executive officer.
“His vast business experience, strong ethical principles and his
financial savvy have served LP shareholders very well.”
“From my perspective, Archie is the consummate director,” continued Gary
Cook, Chairman of the Board. “He brought his international business
experience, knowledge of commodity markets and insights into the
political and regulatory process to bear in all of our deliberations. We
wish Archie well and know that we will miss his participation going
In preparation for Mr. Dunham’s retirement, the board of directors
reviewed its current size and determined to reduce the number of board
members from nine to eight, so there will be no search for a new member.
Louisiana-Pacific Corporation is a leading manufacturer of
quality engineered wood building materials including OSB, structural
framing products, and exterior siding for use in residential,
industrial and light commercial construction. From manufacturing
facilities in the U.S., Canada, Chile and Brazil, LP products are sold
to builders and homeowners through building materials distributors and
dealers and retail home centers. Founded in 1973, LP is headquartered in
Nashville, Tennessee and traded on the New York Stock Exchange under
LPX. For more information, visit www.lpcorp.com.
Source: Louisiana-Pacific Corporation
Mike Kinney, 615-986-5600