GP Transitions Leadership Role
Christian Fischer, Georgia-Pacific president and CEO, announced in July he is retiring from the company at the end of October and will work to transition his responsibilities. He joined GP in 1989 and has held numerous leadership roles. He was named president and CEO in 2017.
Mark Luetters, currently executive vice president of Koch, Inc., overseeing several Koch companies, including Georgia-Pacific, will continue in that role while serving as GP’s president and CEO. Luetters says GP plans to name a new president and CEO during 2026. He joined Koch in 1989 and Georgia-Pacific in 2006 and, among other roles, was executive vice president of GP Building Products for nine years prior to returning to a role in another Koch company in 2018.
Latest News
West Fraser Buys OSB Mill
An oriented strandboard plant in Allendale, SC will now have its third ownership since starting up in 2006. West Fraser Timber Co. Ltd. is purchasing the facility from Georgia-Pacific for $280 million. The Allendale facility has been idle since late 2019 when GP shut it down citing market conditions. The plant has an estimated…
USNR, WFG Sold To Equity Firm
One Equity Partners (OEP), a middle market private equity firm, announced that it has completed the previously announced acquisitions of USNR and Wood Fiber Group. OEP reports it subsequently merged the two businesses, with projected 2021 revenues greater than $500 million…
Lend Me Your Ear
Article by Rich Donnell, Editor-In-Chief, Panel World January 2022 – The staff at Panel World magazine is in full in-person-conference mode in preparation for the eighth Panel & Engineered Lumber International Conference & Expo (PELICE) to be held March 31 to April 1 at the Omni Hotel at CNN Center in Atlanta…
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