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. Outre les solutions de produits, LP offre un service et des garanties à la pointe du secteur. Depuis sa création en 1972, LP construit un monde meilleur (Building a Better World™) en aidant ses clients à construire de belles maisons durables. Basée à Nashville, dans le Tennessee, LP exploite 26 usines aux États-Unis, au Canada, au Chili et au Brésil. Pour plus d'informations, rendez-vous sur LPCorp.com.