Company: LPX
Filing Date: 2025-02-27
Form Type: 8-K
Source: 0001628280-25-008448
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Company: LOUISIANA-PACIFIC CORP
Filing Date: 2025-02-27
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.

On February 25, 2025, the Board of Directors (the “ Board”) of Louisiana-Pacific Corporation (the “ Company”) appointed Kelly H. Barrett as a director of the Company. Ms. Barrett will serve as aClass I director with a term expiring at the 2025 annual meeting of the Company’s stockholders. Ms. Barrett will serve on the Finance and Audit Committee and the Governance and Corporate Responsibility Committee of the Board.

The Board has determined that Ms. Barrett is independent under the New York Stock Exchange listing standards and applicable Securities and Exchange Commission (“ SEC”) rules and regulations, as well as under the Company’s Corporate Governance Guidelines, and that Ms. Barrett meets the qualifications for membership on the Board committees on which she will serve.

Ms. Barrett will receive the standard compensation paid to non-employee directors, as described in the Company’s definitive proxy statement filed with the SEC on March 27, 2024, and reflecting the updated annual cash retainer amount for non-employee directors of $100,000 and the updated annual grant of restricted stock units with a grant date fair value of $140,000, each as approved by the Board on May 10, 2024. Ms. Barrett’s initial annual cash retainer and annual restricted stock unit grant will be prorated to reflect service on the Board of less than a full year.

Item 7.01 Regulation FD Disclosure.