Louisiana-Pacific Management

Management criteria checks 2/4

Louisiana-Pacific's CEO is Brad Southern, appointed in Jul 2017, has a tenure of 7.33 years. total yearly compensation is $10.67M, comprised of 10.7% salary and 89.3% bonuses, including company stock and options. directly owns 0.76% of the company’s shares, worth €59.05M. The average tenure of the management team and the board of directors is 5.1 years and 8 years respectively.

Key information

Brad Southern

Chief executive officer

US$10.7m

Total compensation

CEO salary percentage	10.7%
CEO tenure	7.3yrs
CEO ownership	0.8%
Management average tenure	5.1yrs
Board average tenure	8yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Brad Southern's remuneration changed compared to Louisiana-Pacific's earnings?
Date	Total Compensation	Salary	Company Earnings
Sep 30 2024	n/a	n/a	US$417m
Jun 30 2024	n/a	n/a	US$444m
Mar 31 2024	n/a	n/a	US$265m
Dec 31 2023	US$11m	US$1m	US$178m
Sep 30 2023	n/a	n/a	US$109m
Jun 30 2023	n/a	n/a	US$120m
Mar 31 2023	n/a	n/a	US$487m
Dec 31 2022	US$9m	US$1m	US$888m
Sep 30 2022	n/a	n/a	US$1b
Jun 30 2022	n/a	n/a	US$1b
Mar 31 2022	n/a	n/a	US$1b
Dec 31 2021	US$9m	US$1m	US$1b
Sep 30 2021	n/a	n/a	US$1b
Jun 30 2021	n/a	n/a	US$1b
Mar 31 2021	n/a	n/a	US$783m
Dec 31 2020	US$7m	US$1m	US$487m
Sep 30 2020	n/a	n/a	US$192m
Jun 30 2020	n/a	n/a	US$17m
Mar 31 2020	n/a	n/a	US$1m
Dec 31 2019	US$6m	US$961k	-US$5m
Sep 30 2019	n/a	n/a	US$63m
Jun 30 2019	n/a	n/a	US$185m
Mar 31 2019	n/a	n/a	US$331m
Dec 31 2018	US$5m	US$849k	US$399m
Sep 30 2018	n/a	n/a	US$513m
Jun 30 2018	n/a	n/a	US$500m
Mar 31 2018	n/a	n/a	US$431m
Dec 31 2017	US$4m	US$670k	US$391m

Compensation vs Market: Brad's total compensation ($USD10.67M) is above average for companies of similar size in the German market ($USD3.59M).

Compensation vs Earnings: Brad's compensation has increased by more than 20% in the past year.

CEO

Brad Southern (64 yo)

7.3yrs

Tenure

US$10,670,593

Compensation

Mr. William Bradley Southern, also known as Brad, is Independent Director at GMS Inc. from January 19, 2024. He is Director of Federal Reserve Bank of Atlanta since January 1, 2024. He has been Chief Execu...

Leadership Team

Name	Position	Tenure	Compensation	Ownership
William Southern	Chairman & CEO	7.3yrs	US$10.67m	0.76% € 59.1m
Alan J. Haughie	Executive VP & CFO	5.8yrs	US$3.09m	0.12% € 9.4m
Nicole Daniel	Senior VP	5.2yrs	US$1.75m	0.041% € 3.2m
Jason Ringblom	Executive VP & GM of Siding	7.8yrs	US$2.56m	0.14% € 10.7m
Derek Doyle	VP, Controller & Chief Accounting Officer	5.1yrs	no data	0.0082% € 635.5k
David Crowe	VP of Corporate Engineering & Director of Technology	no data	no data	no data
Jeff Yelle	VP & Chief Information Officer	2.2yrs	no data	no data
Aaron Howald	Vice President of Investor Relations and Business Development	5.1yrs	no data	no data
Jimmy Mason	Executive VP & GM of OSB	2.8yrs	no data	0.025% € 2.0m
Libby Berman	VP & Chief Tax Officer	1.8yrs	no data	no data
Neil Sherman	President of Off-Site Framing Operation - Entekra Holdings	2.8yrs	US$2.32m	no data
Bob Hopkins	VP & Treasurer	5.8yrs	no data	no data

5.1yrs

Average Tenure

55yo

Average Age

Experienced Management: LP3's management team is seasoned and experienced (5.1 years average tenure).

Board Members

Name	Position	Tenure	Compensation	Ownership
William Southern	Chairman & CEO	7.8yrs	US$10.67m	0.76% € 59.1m
Dustan McCoy	Lead Independent Director	22yrs	US$250.00k	0.096% € 7.5m
Stephen Macadam	Independent Director	5.8yrs	US$245.00k	0.041% € 3.2m
F. Grasberger	Independent Director	5.4yrs	US$245.00k	0.019% € 1.5m
Lizanne Gottung	Independent Director	18yrs	US$240.00k	0.028% € 2.2m
Jose Bayardo	Independent Director	2.9yrs	US$225.00k	0.0066% € 516.7k
Ozey Horton	Independent Director	8.2yrs	US$225.00k	0.028% € 2.1m
Tracy Embree	Independent Director	8.8yrs	US$225.00k	0.031% € 2.4m

8.0yrs

Average Tenure

63.5yo

Average Age

Experienced Board: LP3's board of directors are considered experienced (8 years average tenure).

Louisiana-Pacific Management

Management criteria checks 2/4

Key information

Recent management updates

Lp Building Solutions Appoints Leslie Davis as Vice President, Controller and Chief Accounting Officer

Chairman & CEO recently sold €2.7m worth of stock

Louisiana-Pacific Corporation, Annual General Meeting, May 10, 2024

Independent Director recently sold €211k worth of stock

Insufficient new directors

Insufficient new directors

Recent updates

Lp Building Solutions Appoints Leslie Davis as Vice President, Controller and Chief Accounting Officer

Third quarter dividend of US$0.26 announced

Third quarter 2024 earnings released: EPS: US$1.29 (vs US$1.64 in 3Q 2023)

Louisiana-Pacific Corporation Provides Sales Guidance for the Fourth Quarter and Full Year of 2024

Louisiana-Pacific Corporation to Report Q3, 2024 Results on Nov 05, 2024

Chairman & CEO recently sold €2.7m worth of stock

Second quarter dividend of US$0.26 announced

Louisiana-Pacific Corporation announces Quarterly dividend, payable on September 03, 2024

Second quarter 2024 earnings released: EPS: US$2.22 (vs US$0.28 loss in 2Q 2023)

Louisiana-Pacific Corporation Provides Sales Guidance for the Third Quarter and Full Year of 2024

New minor risk - Share price stability

Louisiana-Pacific Corporation to Report Q2, 2024 Results on Aug 07, 2024

Investor sentiment improves as stock rises 19%

First quarter dividend of US$0.26 announced

Louisiana-Pacific Corporation (NYSE:LPX) announces an Equity Buyback for $250 million worth of its shares.

First quarter 2024 earnings released: EPS: US$1.50 (vs US$0.29 in 1Q 2023)

Louisiana-Pacific Corporation to Report Q1, 2024 Results on May 08, 2024

Lp Building Solutions Expands LP NovaCore® Thermal Insulated Sheathing Line for More Energy-Efficient Homes

Louisiana-Pacific Corporation, Annual General Meeting, May 10, 2024

LP Building Solutions Launches Innovative LP® SmartSide® Pebbled Stucco Panel Siding

Full year 2023 earnings released: EPS: US$2.47 (vs US$11.39 in FY 2022)

Louisiana-Pacific Corporation Provides Earnings Guidance for the First Quarter and for the Full Year 2024

LP Building Solutions Announces Increased Quarterly Dividend, Payable on March 8, 2024

Louisiana-Pacific Corporation to Report Q4, 2023 Results on Feb 14, 2024

Louisiana-Pacific Corporation Provides Revenue Guidance for the Fourth Quarter and Full Year 2023

Upcoming dividend of US$0.24 per share at 1.8% yield

Lp Building Solutions Announces Quarterly Dividend, Payable on November 22, 2023

Louisiana-Pacific Corporation to Report Q3, 2023 Results on Nov 01, 2023

LP Building Solutions Launches Amazon Storefront with LP Structural Solutions Accessories

Now 22% undervalued after recent price drop

Upcoming dividend of US$0.24 per share at 1.4% yield

LP Building Solution Announces Quarterly Dividend, Payable on August 25, 2023

Louisiana-Pacific Corporation to Report Q2, 2023 Results on Aug 02, 2023

New major risk - Revenue and earnings growth

Louisiana-Pacific Corporation(NYSE:LPX) dropped from Russell 1000 Growth Index

Louisiana-Pacific Corporation Provides Revenue Guidance for Second Quarter 2023

First quarter 2023 earnings released: EPS: US$0.29 (vs US$4.97 in 1Q 2022)

Upcoming dividend of US$0.24 per share at 1.6% yield

Full year 2022 earnings released: EPS: US$11.39 (vs US$14.20 in FY 2021)

Louisiana-Pacific Corporation Announces Quarterly Dividend, Payable on March 31, 2023

Louisiana-Pacific Corporation to Report Q4, 2022 Results on Feb 21, 2023

Independent Director recently sold €211k worth of stock

Insufficient new directors

Third quarter 2022 earnings released: EPS: US$1.74 (vs US$3.88 in 3Q 2021)

Louisiana-Pacific Corporation Provides Earnings Guidance for the Fourth Quarter and Full Year 2022

LP Building Solutions Announces Quarterly Dividend, Payable on December 1, 2022

Louisiana-Pacific Corporation to Report Q3, 2022 Results on Nov 01, 2022

Second quarter 2022 earnings released: EPS: US$4.28 (vs US$4.93 in 2Q 2021)

LP Building Solutions Declares Quarterly Dividend, Payable on September 1, 2022

Pacific Woodtech Corporation completed the acquisition of Engineered Wood Products Business and SolidStart Brand from Louisiana-Pacific Corporation (NYSE:LPX).

Insufficient new directors

Louisiana-Pacific Corporation to Report Q2, 2022 Results on Aug 09, 2022

Insufficient new directors

Pacific Woodtech Corporation agreed to acquire LP's Engineered Wood Products Business and SolidStart® Brand from Louisiana-Pacific Corporation (NYSE:LPX) for $210 million.

Investor sentiment deteriorated over the past week

Louisiana-Pacific Corporation Announces the Release of Its First Task Force on Climate-Related Financial Disclosures (TCFD) Index

Upcoming dividend of US$0.22 per share

Louisiana-Pacific Corporation (NYSE:LPX) announces an Equity Buyback for $600 million worth of its shares.

LP Building Solutions Announces Availability of LP Legacy® Premium Sub-Flooring Adhesive

Louisiana-Pacific Corporation to Report Q1, 2022 Results on May 03, 2022

Investor sentiment improved over the past week

Full year 2021 earnings: EPS in line with analyst expectations despite revenue beat

Louisiana-Pacific Corporation Announces Changes in the Leadership of the Company’s Oriented Strand Board Segment, Effective February 28, 2022

LP Building Solutions Announces Increased Quarterly Dividend, Payable March 14, 2022

Resolute Forest Products Inc. (NYSE:RFP) acquired remaining 50% stake in Resolute-LP Engineered Wood St-Prime Limited Partnership from Louisiana-Pacific Corporation (NYSE:LPX).

Louisiana-Pacific Corporation Appoints Jason Ringblom as Executive Vice President, Siding

Chairman & CEO recently bought €317k worth of stock

Third quarter 2021 earnings released: EPS US$3.88 (vs US$1.58 in 3Q 2020)

Executive VP & CFO recently bought €589k worth of stock