LP Building Solutions has announced the appointment of Jason Ringblom as the new President of the company, overseeing all manufacturing and commercial operations. This strategic move is aimed at streamlining operations, enhancing the customer experience, and supporting long-term succession planning.
Since 2018, LP has been pursuing a strategy of growth, specialization, and value creation. As part of this, they are now integrating siding and OSB manufacturing, consolidating all market-facing activities under a single leader, Jason Ringblom. This new structure is designed to enhance efficiency, strengthen customer engagement, and accelerate long-term strategic execution.
The company has also appointed Craig Sichling to the newly created role of Senior Vice President, Chief Commercial Officer, and named three new Vice Presidents. This move is intended to strengthen LP’s commitment to serving customers and ensuring the delivery of high-quality building products and innovative solutions.
LP operates 22 manufacturing facilities across the U.S., Canada, Chile, and Brazil and has a portfolio of innovative products that include siding solutions, structural solutions, and oriented strand board (OSB). The company has been in operation since 1972 and is listed on the NYSE under the symbol LPX. As a result of these announcements, the company's shares have moved -6.3% on the market, and are now trading at a price of $87.79. If you want to know more, read the company's complete 8-K report here.
