West Fraser Announces Senior Leadership Transition Plan
Hank Ketcham, Chairman of West Fraser’s Board of Directors, announced that Ray Ferris, current West Fraser President and Chief Executive Officer, plans to retire on December 31, 2023.
Ferris has been with West Fraser for over 26 years in increasingly senior positions culminating in his appointment as President and Chief Operating Officer in 2018 and as a director of the Company in 2019.
During his tenure as Chief Executive Officer the company has grown substantially in sales, profits, product mix and geographic diversification. In addition, Ferris has driven the strong commitment to continual improvement in our safety, environmental and people programs.
Sean McLaren, current Chief Operating Officer, will be appointed to President and Chief Executive Officer effective January 1, 2024. McLaren has been with West Fraser and its predecessor companies for 35 years. West Fraser has benefited immeasurably from Ferris’ strong leadership and the Board enthusiastically looks forward to continued growth and success under McLaren’s leadership.
Latest News
FPIC At Louisiana Tech Receives Donation
Martin Sustainable Resources LLC of Alexandria, La. has donated $1 million to Louisiana Tech as a leadership gift toward construction of the University’s new Forest Products Innovation Center (FPIC), with the assurance of another $1 million to be presented by this June. The Center will be on South Campus and provide space for a transdisciplinary approach to solving the challenges…
Kadant Completes Key Knife Acquisition
Kadant Inc. has completed its previously announced acquisition of Key Knife, Inc. and some of its affiliates for approximately $156 million in cash, subject to certain customary adjustments. The acquisition was financed primarily through borrowings under Kadant’s revolving credit facility. Key Knife, a global supplier of engineered knife systems for custom chipping, planing, and flaking solutions for wood product industries, is headquartered in Tualatin, Ore. with…
Find Us On Social
Newsletter
The monthly Panel World Industry Newsletter reaches over 3,000 who represent primary panel production operations.
Subscribe/Renew
Panel World is delivered six times per year to North American and international professionals, who represent primary panel production operations. Subscriptions are FREE to qualified individuals.
Advertise
Complete the online form so we can direct you to the appropriate Sales Representative. Contact us today!