Boise Cascade Company (NYSE: BCC) has announced the appointment of Jeff Strom as its new Chief Operating Officer (COO), effective January 20, 2025. In his new role, Strom will oversee the operations for the company’s wood products and building materials distribution (BMD) divisions. A seasoned professional, Strom joined Boise Cascade in 2006 and has held various key roles and leadership positions within the organization. Most recently, he served as the executive vice president of BMD.
Strom's appointment comes as part of the company's strategic succession planning process, with CEO Nate Jorgensen emphasizing the importance of achieving greater operational excellence across both businesses. The company's board chair, Tom Carlile, also expressed confidence in Strom's leadership, stating that his expertise in the new role will further strengthen Boise Cascade's ability to deliver outstanding service and results.
Boise Cascade is recognized as one of the largest producers of engineered wood products and plywood in North America and a leading U.S. wholesale distributor of building products. Following these announcements, the company's shares moved -0.5%, and are now trading at a price of $127.82. For the full picture, make sure to review Boise Cascade's 8-K report.
