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    Nate Jorgensen

    Chief Executive Officer (CEO) at Boise Cascade Co
    Board
    Since March 6, 2020
    Age
    60 years
    Education
    Holds a bachelor's degree in Civil and Environmental Engineering from the University of Wisconsin and attended the Tuck School of Business Executive Education Program at Dartmouth College.
    Tenure
    Joined BCC in June 2015 and advanced through several roles including Engineered Wood Products Marketing Manager, Vice President of Engineered Wood Products, Senior Vice President of Engineered Wood Products, Chief Operating Officer, and currently serves as the Chief Executive Officer.

    Also at Boise Cascade Co

    JS
    Jeff Strom
    Chief Operating Officer (COO)
    JT
    Jill Twedt
    Senior Vice President, General Counsel, and Secretary
    JB
    Joanna Barney
    Executive Vice President, Building Materials Distribution (BMD)

    About

    Nate Jorgensen is a highly experienced executive with a strong foundation in engineering and business management. At 60 years old as of February 2025, he has built a robust educational background by earning a bachelor's degree in Civil and Environmental Engineering from the University of Wisconsin and undertaking executive education at the Tuck School of Business Executive Education Program at Dartmouth College.

    Beginning his career at BCC in June 2015, he quickly advanced through a series of strategic roles. His early positions included serving as Engineered Wood Products Marketing Manager and progressing to Vice President and then Senior Vice President of Engineered Wood Products. His proven track record in operational excellence led to his role as Chief Operating Officer before assuming the position of Chief Executive Officer on March 6, 2020.

    Beyond his work at BCC, he has demonstrated a wide breadth of expertise through previous leadership roles at Weyerhaeuser Company, where he served as Vice President of Weyerhaeuser Distribution, and by contributing to the broader industry with over 30 years of experience. Additionally, his board roles, including his directorship at IDACORP, Inc. and Idaho Power Company since 2023, further illustrate his commitment to advancing the industry and delivering value to shareholders.

    $BCC Performance Under Nate Jorgensen

    Past Roles

    OrganizationRoleDate RangeDetails
    Boise Cascade Company (BCC) Chief Operating Officer January 2019 - March 2020 Ended role upon promotion to CEO on March 6, 2020
    Boise Cascade Company (BCC) Senior Vice President of Engineered Wood Products, Wood Products November 2017 - January 2019
    Boise Cascade Company (BCC) Vice President of Engineered Wood Products, Wood Products February 2016 - November 2017
    Boise Cascade Company (BCC) Engineered Wood Products Marketing Manager, Wood Products June 2015 - February 2016
    Weyerhaeuser Company Vice President of Distribution February 2011 - June 2015 Held position in the Distribution Business before joining BCC

    External Roles

    OrganizationRoleDate RangeDetails
    IDACORP, Inc. and Idaho Power Company Director Since 2023 Holds a director position overseeing the primary subsidiary Idaho Power Company

    Fixed Compensation

    Data from  FY 2023
    Component NameAmountPayment ScheduleAdditional Details
    Base Salary $1,007,692 2023 Annual Fixed annual salary
    Company Contributions to Savings Plans $232,794 2023 Annual Contributions to savings plans
    Company-Paid Portion of Executive Officer Life Insurance $1,527 2023 Annual Life insurance coverage for the executive officer

    Performance Compensation

    Data from  FY 2023

    Short-Term Incentive Plan (STIP) (2023)

    MetricAmount/DetailsCitation
    Performance MetricCorporate EBITDA
    Weight100% based on Corporate EBITDA
    Threshold Payout25% of target at $175 million
    Target Payout100% of target at $365 million
    Maximum Payout225% of target at $640 million
    Financial Goal Achievement$757 million resulting in a 2.25x multiplier
    Actual Base Earnings$1,007,692
    Target Award Percentage120%
    STIP Payout$2,720,769
    Evaluation PeriodBased on 2023 performance, paid in February 2024
    VestingNot applicable (cash payout)N/A

    Long-Term Incentive Plan (LTIP) (2023)

    MetricAmount/DetailsCitation
    Performance MetricCorporate ROIC
    Threshold (50% of PSUs)5.0% ROIC
    Target (100% of PSUs)11.0% ROIC
    Maximum (200% of PSUs)22.0% ROIC
    2023 Achievement24.9% ROIC resulting in a 2.00x multiplier
    Grant DateMarch 1, 2023
    Grant Date Stock Price$69.33 per share
    Grant Date Fair Value$3,700,003 (Total LTIP value; includes PSUs and RSUs each at $1,850,002)
    RSU Award26,684 shares (50% allocation)
    PSU Award26,684 shares at target, adjusted to 53,368 shares with multiplier
    Vesting Schedule (RSUs)One-third vest on March 1, 2024, March 1, 2025, and March 1, 2026 respectively
    Vesting Schedule (PSUs)Vesting on March 1, 2026, contingent on performance
    Evaluation PeriodBased on 2023 performanceN/A
    Additional ConditionsPSUs subject to achieving ROIC targets; RSUs vest on a time-based schedule