NASHVILLE, Tenn. (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 forward."
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.
About LP Building Solutions - As a leader in high-performance building solutions, Louisiana-Pacific Corporation (LP Building Solutions, NYSE: LPX) manufactures engineered wood building products that meet the demands of builders worldwide. Its extensive offerings include innovative and dependable building products and accessories, such as LP® SmartSide® Trim & Siding, LP Structural Solutions portfolio (LP WeatherLogic® Air & Water Barrier, LP Legacy® Premium Sub-Flooring, LP® TechShield® Radiant Barrier, LP® FlameBlock® Fire-Rated Sheathing and more), oriented strand board (OSB), LP® TopNotch® Sub-Flooring, LP® Outdoor Building Solutions®, and LP Elements® Performance Fencing. Además de productos que brindan soluciones, LP ofrece un servicio al cliente y garantías líderes en la industria. Desde su fundación en 1972, LP ha estado construyendo un mundo mejor bajo su lema Building a Better World™ al brindar ayuda a los clientes para construir viviendas hermosas y duraderas. Con sede en Nashville, Tennessee, LP opera 26 plantas en los EE. UU., Canadá, Chile y Brasil. Para obtener más información, visite LPCorp.com.