UFP Industries Announces Leadership Changes and Salary Details
Company Announcements

UFP Industries Announces Leadership Changes and Salary Details

An announcement from UFP Industries (UFPI) is now available.

UFP Industries, Inc. has announced a strategic shift in its leadership, appointing William D. Schwartz as the new CEO effective at the start of fiscal 2025, with a base salary of $600,000 and a 10% participation in the Corporate Bonus Pool. Concurrently, Matthew J. Missad will transition from CEO to Executive Chairman, receiving a $500,000 base salary and an 8% share in the same bonus pool, without additional director fees. These changes, aimed at bolstering the company’s guidance and support, were publicly disclosed in a press release following the board’s decision.

For an in-depth examination of UFPI stock, go to TipRanks’ Stock Analysis page.

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