Boise Cascade announces CEO transition
January 15 2020 - 4:30PM
Boise Cascade Company (Boise Cascade) (NYSE: BCC) announced today
that Nate Jorgensen will become its new chief executive officer
(CEO), effective March 6, 2020. Mr. Jorgensen will replace Tom
Corrick, who will be retiring from his roles as CEO and director
after nearly 37 years with Boise Cascade. Mr. Jorgensen will also
replace Mr. Corrick’s seat on the Board of Directors.
Mr. Jorgensen has 33 years of experience in the
forest products industry, joining the Boise Cascade engineered wood
products (EWP) marketing team in 2015. He was promoted to senior
vice president in 2017 to lead the EWP sales and marketing
organization, and was named chief operating officer (COO) in
January 2019, responsible for overseeing the Wood Products and
Building Materials Distribution divisions. Mr. Jorgensen recently
joined the board of directors for the American Wood Council.
“It is a privilege to lead this organization and
our 6,100 talented associates,” said Mr. Jorgensen. “I share our
senior leadership’s passion for operational excellence, strategic
market growth and exceptional customer service. By leveraging our
integrated business model, we are well positioned to focus on the
opportunities that lie ahead.”
Mr. Corrick began his Boise Cascade career in
1980 as an internal auditor. He went on to hold a number of
leadership roles, culminating with his appointment to CEO in March
2015. Mr. Corrick has served on several advisory committees and
boards, including recently accepting a position on the board of
directors, Salt Lake City branch of the Federal Reserve Bank of San
Francisco. He will also continue his involvement with community
organizations and nonprofits in Boise, Idaho.
“On behalf of Boise Cascade, I want to thank Tom
for his outstanding contributions and lasting legacy on the company
and the industry,” said Tom Carlile, board chair. “Our deliberate
succession planning process has enabled us to ensure a seamless
transition. Nate has a well-established reputation and embodies
personal values consistent with the core values of our company. The
Board is confident that his leadership will continue to best serve
our employees, customers, suppliers and shareholders into the
future.”
About Boise Cascade
Boise Cascade is one of the largest producers of engineered wood
products and plywood in North America and a leading U.S. wholesale
distributor of building products. For more information, please
visit our website at www.bc.com.
Media contact: Lisa Chapman, 208-384-6552
Investor contact: Wayne Rancourt, 208-384-6073
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