LP Corp Elects Directors, Adjusts Officer Compensation

Ticker: LPX · Form: 8-K · Filed: 2025-02-10T00:00:00.000Z

Sentiment: neutral

Topics: governance, board-of-directors, compensation

Related Tickers: LPX

TL;DR

LP Corp board shakeup: new directors elected, exec pay adjusted.

AI Summary

Louisiana-Pacific Corporation announced on February 6, 2025, the election of new directors and changes in officer compensation. Specifically, the company elected three Class III directors: Douglas J. Britt, Michael J. Manahan, and Richard G. Smith, each for a three-year term. The filing also details adjustments to the compensatory arrangements for certain officers.

Why It Matters

Changes in board composition and executive compensation can signal shifts in company strategy or governance, potentially impacting investor confidence and future performance.

Risk Assessment

Risk Level: low — The filing primarily concerns routine corporate governance matters such as director elections and compensation adjustments, which are standard for public companies.

Key Players & Entities

FAQ

Who were the newly elected directors for Louisiana-Pacific Corporation?

Douglas J. Britt, Michael J. Manahan, and Richard G. Smith were elected as Class III directors.

What is the term length for the newly elected directors?

Each of the newly elected directors will serve a three-year term.

What other significant event was reported in this 8-K filing?

The filing also reports on compensatory arrangements of certain officers.

On what date was this report filed?

The report was filed on February 10, 2025.

What is the fiscal year end for Louisiana-Pacific Corporation?

The fiscal year end for Louisiana-Pacific Corporation is December 31.

From the Filing

0001628280-25-004483.txt : 20250210 0001628280-25-004483.hdr.sgml : 20250210 20250207182800 ACCESSION NUMBER: 0001628280-25-004483 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 17 CONFORMED PERIOD OF REPORT: 20250206 ITEM INFORMATION: Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers: Compensatory Arrangements of Certain Officers ITEM INFORMATION: Regulation FD Disclosure ITEM INFORMATION: Financial Statements and Exhibits FILED AS OF DATE: 20250210 DATE AS OF CHANGE: 20250207 FILER: COMPANY DATA: COMPANY CONFORMED NAME: LOUISIANA-PACIFIC CORP CENTRAL INDEX KEY: 0000060519 STANDARD INDUSTRIAL CLASSIFICATION: LUMBER & WOOD PRODUCTS (NO FURNITURE) [2400] ORGANIZATION NAME: 04 Manufacturing IRS NUMBER: 930609074 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 001-07107 FILM NUMBER: 25603158 BUSINESS ADDRESS: STREET 1: 1610 WEST END AVE. STREET 2: SUITE 200 CITY: NASHVILLE STATE: TN ZIP: 37203 BUSINESS PHONE: 6159865600 MAIL ADDRESS: STREET 1: 1610 WEST END AVE. STREET 2: SUITE 200 CITY: NASHVILLE STATE: TN ZIP: 37203 FORMER COMPANY: FORMER CONFORMED NAME: LOUISIANA PACIFIC CORP DATE OF NAME CHANGE: 19920703 8-K 1 lpx-20250206.htm 8-K lpx-20250206 false 0000060519 0000060519 2025-02-06 2025-02-06 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): February 6, 2025  __________________________________  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. On February 6, 2025, the Board of Directors (the “Board”) of Louisiana-Pacific Corporation (the “Company”) ap

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