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.