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
Moody’s: Wood Product Growth Supports 2018 Stable Outlook
The likelihood of strong profits from the wood products business, alongside higher prices and growth in paper packaging from increased e-commerce demand, will help to offset the secular declines in the printing and writing paper segment, says Moody's Investors Service...
ITC Ruling: Canadian Lumber Subsidies Harmed U.S. Producers
The United States International Trade Commission (ITC) ruled that the U.S. lumber industry is materially injured by Canadian government subsidies of their softwood lumber industry. Voting 4-0 in favor of the U.S. lumber industry, the ITC ruling follows a U.S....
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!