Louisiana-Pacific Corporation (LP) (NYSE: LPX) announced today the
appointment of F. Nicholas Grasberger III to its board of directors
effective immediately.
Grasberger is Chairman and Chief Executive Officer of Harsco
Corporation, a global market leader providing environmental solutions
for industrial waste streams and innovative technologies for the rail
and energy sectors. Based in Camp Hill, PA, the 11,000-employee company
operates in more than 30 countries. He has also served on the boards of
Brand Energy and Infrastructure Services of Stone Mountain, Ga. and
Lancaster General Hospital in Lancaster, Pa.
“Nick’s broad financial expertise and strong leadership experience will
make him a valuable addition to our board,” LP Chairman Gary Cook said.
“He brings a significant record as a successful CEO and will provide
strategic insight to LP as we continue to execute our transformation to
a leading building solutions company.”
Grasberger joined Harsco in 2013 as Chief Financial Officer and was
appointed President and Chief Executive Officer in 2014. He became
Chairman in October 2018. Under his leadership, Harsco has generated
shareholder returns well above industry peers while transforming its
businesses and portfolio. Prior to joining Harsco, he served as Managing
Director of the Precision Polymers Division of Fenner PLC. Earlier, he
spent four years with Armstrong World Industries, first as Senior Vice
President and Chief Financial Officer, and later as Executive Vice
President of Building Products and Asia Pacific. He also held the
positions of Vice President and Chief Financial Officer for Kennametal,
Inc., and as Corporate Treasurer and Director of Corporate Planning at
H.J. Heinz Company. He started his career with USX Corp.
Grasberger earned a master’s degree in Business Administration from the
University of Pittsburgh’s Katz Graduate School of Business and a
bachelor’s degree in Business Administration and Finance from the
University of Notre Dame.
About LP
Louisiana-Pacific Corporation is a leading building solutions company
that invents, manufactures and delivers uniquely engineered, innovative
building products that are backed by unparalleled service, strong
customer support and industry leading warranties. With operations in the
U.S., Canada, Chile and Brazil, LP helps builders, contractors,
architects, engineers and home owners build smarter, better, faster and
more efficiently. Founded in 1973, LP is headquartered in Nashville,
Tennessee and traded on the New York Stock Exchange under LPX. For more
information, visit www.lpcorp.com.
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