LPX Executive Compensation Changes Announced

Ticker: LPX · Form: 8-K · Filed: Nov 25, 2024 · CIK: 60519

Louisiana-Pacific CORP 8-K Filing Summary
FieldDetail
CompanyLouisiana-Pacific CORP (LPX)
Form Type8-K
Filed DateNov 25, 2024
Risk Levellow
Pages2
Reading Time2 min
Key Dollar Amounts$1
Sentimentneutral

Sentiment: neutral

Topics: executive-compensation, corporate-governance

Related Tickers: LPX

TL;DR

LPX filed an 8-K detailing executive compensation changes, effective Nov 25, 2024.

AI Summary

Louisiana-Pacific Corporation announced on November 25, 2024, changes in its executive compensation arrangements. The filing details the election of new officers and potential adjustments to their compensatory plans, though specific dollar amounts and names of newly appointed officers are not detailed in this initial summary.

Why It Matters

Changes in executive compensation can signal shifts in company strategy or performance expectations, potentially impacting investor confidence and future financial performance.

Risk Assessment

Risk Level: low — The filing is a routine disclosure of executive compensation and corporate governance matters, not indicating immediate financial distress or significant operational changes.

Key Players & Entities

FAQ

What specific changes were made to the executive compensation arrangements?

The filing indicates changes related to the election of certain officers and their compensatory arrangements, but the specific details of these changes are not elaborated upon in the provided text.

Were there any departures of directors or certain officers mentioned?

The filing lists 'Departure of Directors or Certain Officers' as an item information, suggesting such events may have occurred or are being reported, but specific names are not provided in this excerpt.

Who are the newly elected directors or officers?

The filing mentions the 'Election of Directors' and 'Appointment of Certain Officers' as part of the reported items, but the names of these individuals are not included in the provided text.

What is the exact date of the earliest event reported in this 8-K filing?

The earliest event reported in this 8-K filing is November 25, 2024.

What is the principal executive office address for Louisiana-Pacific Corporation?

The principal executive office address is 1610 West End Ave, Suite 200, Nashville, TN 37203.

Filing Stats: 588 words · 2 min read · ~2 pages · Grade level 11.7 · Accepted 2024-11-25 09:14:35

Key Financial Figures

Filing Documents

From the Filing

lpx-20241125 United States SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 __________________________________ FORM 8-K __________________________________ CURRENT REPORT Pursuant to Section 13 OR 15(d) of the Securities Exchange Act of 1934 Date of Report (Date of earliest event reported): November 25, 2024 __________________________________ LOUISIANA-PACIFIC CORPORATION (Exact name of registrant as specified in its charter) __________________________________ Delaware 1-7107 93-0609074 (State or other jurisdiction of incorporation or organization) Commission File Number (IRS Employer Identification No.) 1610 West End Ave , Suite 200 , Nashville , TN 37203 (Address of principal executive offices) (Zip Code) Registrant's telephone number, including area code: ( 615 ) 986 - 5600 __________________________________ Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below): Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c)) Securities registered pursuant to Section 12(b) of the Act: Title of each class Trading Symbol Name of each exchange on which registered Common Stock, $1 par value LPX New York Stock Exchange Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (240.12b-2 of this chapter). Emerging growth company If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. [ ] Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers. Departure of Principal Accounting Officer In connection with an internal reorganization, Derek Doyle stepped down from his position as Vice President, Controller, and Chief Accounting Officer of Louisiana-Pacific Corporation (the "Company") on November 25, 2024. Mr. Doyle's departure is not the result of any disagreement with the Company with respect to any matter relating to the Company's financial reporting or operations, policies or practices. Mr. Doyle will remain with the Company in an advisory capacity through December 31, 2024. Appointment of Principal Accounting Officer Effective November 25, 2024, Leslie Davis was appointed as Vice President, Controller and Chief Accounting Officer of the Company. In this position, Ms. Davis will serve as the Company's principal accounting officer. Ms. Davis has more than 15 years of professional experience in financial reporting. She joined the Company in 2020 as Assistant Controller and was promoted to serve as the Company's Senior Director of Internal Audit in 2021. Prior to joining the Company, Ms. Davis served in multiple roles at Ernst & Young and KPMG, most recently serving as a Senior Manager in Ernst & Young's U.S. Assurance practice. Ms. Davis earned a bachelor of science degree in accounting and a master's degree in accounting from the University of Kentucky, and is a Certified Public Accountant. SIGNATURE Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. LOUISIANA-PACIFIC CORPORATION By: /S/ ALAN J.M. HAUGHIE Alan J.M. Haughie Executive Vice President and Chief Financial Officer Date: November 25, 2024

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