LP Chair and CEO Brad Southern Named 2024 North American CEO of the Year by Fastmarkets
09 July 2024 - 11:00PM
Business Wire
Leading independent analysts select Southern
for the second time in five years
LP Building Solutions (LP), a leading manufacturer of
high-performance building products, today announced that LP Chair
and CEO Brad Southern has been named 2024 North American CEO of the
Year by Fastmarkets. This marks the second time in five years that
Southern has received this recognition, a rare achievement noted by
Fastmarkets.
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LP Chair and CEO Brad Southern named 2024
North American CEO of the Year by Fastmarkets (Photo: Business
Wire)
Southern was selected by analysts who cover the North American
and global pulp and paper industry. He was noted for his focus,
determination, and success in transforming LP from a commodity to a
specialty producer. Analysts commend Southern for his effective
leadership, with one describing him as a CEO who “gets the job
done,” another calling him a “reliable leader who operates with
little fanfare,” and a third highlighting his strategic growth in
LP’s Siding segment, noting that he has significantly reduced the
company’s risk profile.
“It’s an honor to be recognized by Fastmarkets and the analyst
community for our well-executed strategy,” said Southern. “LP’s
success is a testament to our team members’ commitment to
delivering high-quality products and building long-term value for
our shareholders.”
Southern has served as LP's CEO since 2017 and Chairperson of
the Board since 2020. He joined LP in 1999 and has held various
leadership roles, including Executive Vice President and Chief
Operating Officer, Executive Vice President and General Manager of
OSB, Senior Vice President of Siding, and Vice President of
Specialty Operations. Southern is also a board member of the
National Association of Manufacturers, the Forest Products
Association of Canada, and the Nashville Branch of the Federal
Reserve Bank of Atlanta.
Fastmarkets noted that Southern is a rare example of a forester
leading a major U.S. forest products company. “It’s notable—despite
its name, the forest products industry in the U.S. is seldom led by
foresters. Southern is a successful exception.” He holds a Bachelor
of Science and a Master of Science in Forest Resources from the
University of Georgia and began his career with MacMillan Bloedel
as a forester.
Southern will be honored at the 36th Annual Fastmarkets North
American Forest Products Conference on October 29, 2024 in
Chicago.
About Fastmarkets
Fastmarkets is the leading price reporting, analytics, and
events organization for global commodities markets, including the
forest products sector. Businesses working in the pulp and paper,
packaging, wood products, timber, biomass, tissue, and nonwovens
markets use Fastmarkets data and insights to benchmark prices,
settle contracts, and inform their strategies worldwide. Along with
objective price reporting and industry data, Fastmarkets provides
forecasts, analysis, conferences, and consulting services to
stakeholders throughout the forest products supply chain.
About LP Building Solutions
As a leader in high-performance building solutions,
Louisiana-Pacific Corporation (LP Building Solutions, NYSE: LPX)
manufactures engineered wood products that meet the demands of
builders, remodelers, and homeowners worldwide. LP’s extensive
portfolio of innovative and dependable products includes Siding
Solutions (LP® SmartSide® Trim & Siding, LP® SmartSide®
ExpertFinish® Trim & Siding, LP BuilderSeries® Lap Siding and
LP® Outdoor Building Solutions™), LP® Structural Solutions (LP®
TechShield® Radiant Barrier, LP WeatherLogic® Air & Water
Barrier, LP Legacy® Premium Sub-Flooring, LP® FlameBlock®
Fire-Rated Sheathing, LP NovaCore® Thermal Insulated Sheathing and
LP® TopNotch® 350 Durable Sub-Flooring) and oriented strand board
(OSB). In addition to product solutions, LP provides
industry-leading customer service and warranties. Since its
founding in 1972, LP has been Building a Better World™ by helping
customers construct beautiful, durable homes while shareholders
build lasting value. Headquartered in Nashville, Tennessee, LP
operates 22 plants across the U.S., Canada, Chile, and Brazil. For
more information, visit LPCorp.com.
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