You might also like
Louisiana-Pacific Corporation (LPX) is a leading provider of high-performance building solutions, serving markets such as new home construction, repair and remodeling, and outdoor structures. The company specializes in manufacturing engineered wood products that offer durability, sustainability, and protection against environmental factors. LPX's product portfolio includes siding, structural panels, and other building materials designed to meet diverse customer needs.
-
Siding - Manufactures engineered wood siding products, including LP® SmartSide® Trim & Siding, LP® SmartSide® ExpertFinish® Trim & Siding, and LP BuilderSeries® Lap Siding, offering superior protection against hail, wind, moisture, fungal decay, and termites.
- Outdoor Building Solutions - Provides siding solutions for outdoor structures like sheds.
-
Oriented Strand Board (OSB) - Produces structural panel products such as LP® Structural Solutions, including LP TechShield® Radiant Barrier, LP WeatherLogic® Air & Water Barrier, LP Legacy® Premium Sub-Flooring, and LP FlameBlock® Fire-Rated Sheathing, used in construction for strength and durability.
-
LP South America (LPSA) - Manufactures and distributes OSB and siding products in South America, supporting the region's transition to wood frame construction with companion products.
-
Other Products - Offers additional building materials that complement the company's core product lines.
| Name | Position | External Roles | Short Bio | |
|---|---|---|---|---|
W. Bradley Southern ExecutiveBoard | Chairperson of the Board and CEO | Board Member at GMS Inc. and Astec Industries, Inc.; Member of National Association of Manufacturers and Forest Products Association of Canada; Member of Nashville Branch of Federal Reserve Bank of Atlanta. | Joined LPX in 1999; became CEO in 2017 and Chairperson in 2020; extensive leadership experience across multiple divisions within LPX. | View Report → |
Alan J.M. Haughie Executive | EVP and CFO | None | Joined LPX in January 2019; previously CFO at ServiceMaster Global Holdings and Federal-Mogul Corporation; extensive financial leadership experience. | |
Jason P. Ringblom Executive | EVP, General Manager, Siding | None | Joined LPX in 2004; previously EVP of OSB and EWP; extensive sales and operational leadership experience. | |
Jimmy E. Mason Executive | EVP, General Manager, OSB | None | Joined LPX in 2006; extensive experience in manufacturing operations; previously VP of Siding Manufacturing. | |
Leslie Davis Executive | VP, Controller, and Chief Accounting Officer | None | Joined LPX in 2020; promoted to VP, Controller, and CAO in November 2024; extensive financial reporting experience. | |
Michael W. Blosser Executive | SVP, Manufacturing Services | None | Joined LPX in 2007; announced retirement effective Q3 2024; oversees corporate safety, environmental efforts, procurement, and logistics. | |
Nicole C. Daniel Executive | SVP, General Counsel, and Corporate Secretary | None | Joined LPX in September 2019; previously General Counsel at Ciner Resources LP; extensive legal and compliance experience. | |
Dustan E. McCoy Board | Lead Independent Director | Lead Independent Director at Freeport-McMoRan Inc.; Board Member at YETI Holdings, Inc.. | Joined LPX Board in 2002; previously CEO of Brunswick Corporation; extensive governance and compliance expertise. | |
F. Nicholas Grasberger III Board | Independent Director | Chairman and CEO of Enviri Corporation; Director at Worthington Industries. | Joined LPX Board in 2019; extensive financial and strategic leadership experience; previously CFO at Armstrong World Industries and Kennametal. | |
Jean-Michel Ribi\u00e9ras Board | Independent Director | Board Member at American Forest & Paper Association and U.S.-Brazil CEO Forum. | Joined LPX Board in February 2025; extensive leadership experience in the paper and packaging industry; previously CEO of Sylvamo and SVP at International Paper. | |
Jose A. Bayardo Board | Independent Director | CFO of NOV Inc.; Member of External Advisory Council for McKetta Department of Chemical Engineering at the University of Texas at Austin. | Joined LPX Board in 2021; extensive financial expertise and leadership experience in the energy sector. | |
Ozey K. Horton, Jr. Board | Independent Director | Director at Worthington Industries; Director Emeritus of McKinsey & Company. | Joined LPX Board in 2016; extensive experience in global operations, strategic planning, and change management. | |
Stephen E. Macadam Board | Independent Director | Non-Executive Chairman of Atmus Filtration Technologies; Director at Sleep Number Corporation. | Joined LPX Board in 2019; previously CEO of EnPro Industries and BlueLinx Holdings; extensive leadership and governance expertise. | |
Tracy A. Embree Board | Independent Director | President of Otis Americas; Board Member of Cummins Foundation. | Joined LPX Board in 2016; extensive experience in corporate strategy, sales, and operations; previously held leadership roles at Cummins Inc.. | |
Ty R. Silberhorn Board | Independent Director | CEO and Board Member at Apogee Enterprises; Board Member at University of Minnesota Foundation, Friends of the Saint Paul Public Library, and Dean\u2019s Advisory Council at Indiana University. | Joined LPX Board in February 2025; extensive leadership experience at 3M and Apogee Enterprises; expertise in transformative leadership and innovation. |
-
With the competitive landscape intensifying, especially from fiber cement siding manufacturers, how is LP addressing the potential increase in price pressures to retain or grow its market share in SmartSide products?
-
The Q4 Siding revenue guidance suggests an unusual sequential decline compared to historical trends; can you elaborate on any specific factors or challenges causing this anticipated drop and whether this indicates a potential reversal in outperforming normal revenue seasonality?
-
Given the lower OSB Structural Solutions shipments compared to commodity shipments over the past two quarters, what are the underlying factors driving this trend, and how do you anticipate this dynamic evolving in the upcoming quarters?
-
Considering the recent investment in the South American modular housing business, can you explain how material you expect the pick-up in South American volumes to be and provide more color on why this was seen as an attractive investment for LP?
-
With plans to bring on new capacity in Siding over the next 1.5 to 2 years, despite some mills not running at full capacity, can you discuss the current operational levels of mills like Sagola and Houlton and justify the timing of this capacity expansion?
Notable M&A activity and strategic investments in the past 3 years.
| Company | Year | Details |
|---|---|---|
Wawa OSB Inc. | 2023 |
Recent press releases and 8-K filings for LPX.
- On March 26, 2025, Louisiana-Pacific Corporation entered into a First Amendment to its Second Amended and Restated Credit Agreement, marking a key update to its debt facility structure.
- The amendment increases the senior secured revolving credit facility from $550M to $750M and raises the letters of credit sub-limit from $60M to $75M.
- The changes also include adjustments to the interest rate, an extension of the maturity date to March 26, 2032, and a revision of the capitalization ratio covenant to a maximum of 65%.