LP Building Solutions (LPX) announced that Chief Executive Officer Brad Southern will retire effective February 19, 2026, after leading the company since 2017. The Board of Directors has appointed LP President Jason Ringblom to succeed Southern as Chief Executive Officer, effective February 19, 2026. The transition concludes a comprehensive succession process led by the Board in partnership with Southern. “On behalf of the Board, I want to thank Brad for his visionary leadership and lasting impact on LP,” said LP Lead Independent Director Dustan McCoy. “Brad repositioned the company as a global leader in specialty building products, strengthened its financial performance, and built a culture grounded in safety, innovation, and accountability. Under his leadership, LP’s share price grew fivefold and the company returned more than $4 billion to shareholders through dividends and share repurchases. Thanks to his guidance, LP is well positioned for continued success.”
TipRanks Black Friday Sale
- Claim 60% off TipRanks Premium for the data-backed insights and research tools you need to invest with confidence.
- Subscribe to TipRanks' Smart Investor Picks and see our data in action through our high-performing model portfolio - now also 60% off
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on LPX:
- LPX Earnings Report this Week: Is It a Buy, Ahead of Earnings?
- Louisiana-Pacific Announces Quarterly Dividend Payment
- LP Building Solutions initiated with a Buy at Vertical Research
- BofA upgrades two, downgrades two in packaging and paper ahead of earnings
- LP Building Solutions upgraded to Buy from Underperform at BofA
