Company: LPX
Filing Date: 2025-06-20
Form Type: 8-K
Source: 0000060519-25-000021
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Company: LOUISIANA-PACIFIC CORP
Filing Date: 2025-06-20
Form: 8-K
Item: Item 5.02
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Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.

Appointment of Senior Vice President, Chief Operating Officer

On June 16, 2025, the Board of Directors (the “ Board”) of Louisiana-Pacific Corporation (“ LP”) approved the appointment of Anthony Hamill to the newly created office of Senior Vice President, Chief Operating Officer of LP, effective June 30, 2025.

Mr. Hamill, 60, has over 30 years of engineering and manufacturing experience. He will join LP from Roseburg Forest Products Co. (“ Roseburg”), where he has served as Chief Operations Officer since September 2024. Prior to joining Roseburg, Mr. Hamill spent over a decade at LP, serving in management positions of increasing responsibility between 2013 and 2024. Most recently, Mr. Hamill served as LP’s Vice President, Engineering from July 2017 to March 2022 and as Vice President, Siding Manufacturing from March 2022 to August 2024. Mr. Hamill holds a Bachelor of Science in Electrical Engineering from the University of New Brunswick

In connection with his appointment as Senior Vice President, Chief Operating Officer, LP entered into an offer letter with Mr. Hamill (the “ Offer Letter”) setting forth certain terms of his employment and compensation. Pursuant to the Offer Letter, Mr. Hamill will be an at-will employee entitled to a base salary of $630,000 and eligible for (a) an annual incentive cash bonus with a target award value of 80% of his annual base salary under LP’s Annual Incentive Plan and (b) a long-term equity grant under LP’s 2022 Omnibus Stock Award Plan with an aggregate target award value of 180% of his annual base salary, to be comprised in equal parts by restricted stock units (“ RSUs”) and performance stock units (“ PSUs”). Mr. Hamill will also receive (i) a cash hiring bonus of $500,000 payable within 30 days following his employment start date and (ii) a one-time award of RSUs with an award value of $1,180,000, which will be granted as of the first business day of the calendar month following Mr. Hamill’s date of hire and will vest in three equal annual installments over a period of three years following the grant date. The number of RSUs to be granted to Mr. Hamill in