What's Happening?
Boise Cascade Company has announced a significant leadership change as Nate Jorgensen, the current Chief Executive Officer, plans to retire effective March 2, 2026. Jeff Strom, the Chief Operating Officer, has been
appointed as his successor, effective March 3, 2026. Jorgensen will continue to serve on the company's board of directors post-retirement. This transition is part of Boise Cascade's long-term succession planning to ensure stability and continued momentum in its strategy and operations. The board of directors expressed gratitude for Jorgensen's leadership, noting his role in guiding the company through a global pandemic and significant growth. Jeff Strom, with over 34 years of experience in the building materials industry, has been with Boise Cascade since 2006, serving in various leadership roles.
Why It's Important?
The transition marks a pivotal moment for Boise Cascade, one of North America's largest producers of engineered wood products and plywood. Under Jorgensen's leadership, the company has strengthened its business and relationships, positioning itself for long-term success. Jeff Strom's appointment as CEO is expected to continue this trajectory, leveraging his extensive experience and commitment to the company's core values. This change is crucial for maintaining operational excellence and customer focus, which are vital for Boise Cascade's competitive edge in the building materials industry.
What's Next?
Following the transition, Jeff Strom is expected to build on the company's momentum and continue creating value for stakeholders, including customers, suppliers, investors, and communities. The company does not plan to backfill the Chief Operating Officer role, indicating a streamlined leadership structure. Stakeholders will be watching closely to see how Strom's leadership will influence the company's strategic direction and operational strategies.
