LP Announces Changes in Executive Leadership

NASHVILLE, Tenn. (December 8, 2016) – Louisiana-Pacific Corporation (LP) (NYSE: LPX) announced today changes to its executive management team. The organizational changes will be effective Jan. 1, 2017.

“These changes are part of our continuous improvement efforts to strengthen our leadership team to benefit from different perspectives, embed market facing experience into the top levels of LP and organize so that we can quickly implement best practices across our company,” Chief Operating Officer Brad Southern said.

The changes include:

• Oriented Strand Board (OSB) Sales and Marketing Vice President Jason Ringblom will become executive vice president and general manager of the OSB business. The OSB business has been under the leadership of Brad Southern who became LP’s Chief Operating Officer last month.

• Engineered Wood Products (EWP) Senior Vice President Neil Sherman will become executive vice president and general manager of the Siding business, replacing Brian Luoma, who is leaving LP to pursue other opportunities.

• Sales and Marketing Senior Vice President Mike Sims will lead the company’s EWP business in addition to his executive sales, marketing and strategy responsibilities.

• Field Sales Vice President Craig Sichling will be promoted to vice president of specialty sales and marketing. In his new role he will lead LP’s siding marketing group and maintain responsibility for field sales.

“I’m very pleased that Jason, Neil, Mike and Craig are stepping up to new responsibilities and I’m fully confident that they will bring their talents and expertise to these new roles,” Chief Executive Officer Curt Stevens said. “Brian Luoma has served LP well during his long tenure with the company and we appreciate his contributions to our company’s success. We wish him well in his future endeavors.”

Sherman joined LP in 1994, and has held a variety of positions with the company including service as vice president of procurement, logistics and supply management prior to leading the EWP business. He was also the project manager of LP’s successful ERP implementation and has held the director of business development and corporate real estate position for LP. He holds a B.S. in Waste and Waste Water Management from Humboldt State University.

Ringblom joined LP in 2004, and was named vice president of OSB sales and marketing in February 2015. In his time with LP he has held a variety of positions, including OSB sales manager, general sales manager for the southeast region and regional sales manager for the eastern half of the U.S. He holds a B.S. in Forest Products Marketing & Business Management from the University of Minnesota.

Sims has worked in building products in various sales and marketing capacities since 1984. A former vice president of OSB sales and marketing, Sims was named senior vice president of LP sales and marketing in 2015. He holds a B.A. from Western State Colorado University.

Sichling joined LP in 2001, and has led and managed the U.S. field sales team since 2004. He was named vice president in 2015 and is responsible for all field sales efforts in the United States and Canada. He holds a B.A. from State University of New York in Oneonta.

About LP Building Solutions - As a leader in high-performance building solutions, Louisiana-Pacific Corporation (LP Building Solutions, NYSE: LPX) manufactures engineered wood building products that meet the demands of builders worldwide. Its extensive offerings include innovative and dependable building products and accessories, such as LP® SmartSide® Trim & Siding, LP Structural Solutions portfolio (LP WeatherLogic® Air & Water Barrier, LP Legacy® Premium Sub-Flooring, LP® TechShield® Radiant Barrier, LP® FlameBlock® Fire-Rated Sheathing and more), oriented strand board (OSB), LP® TopNotch® Sub-Flooring, LP® Outdoor Building Solutions®, and LP Elements® Performance Fencing. In addition to product solutions, LP provides industry-leading service and warranties. Since its founding in 1972, LP has been Building a Better World™ by helping customers construct beautiful, durable homes. Headquartered in Nashville, Tennessee, LP operates 26 plants across the U.S., Canada, Chile and Brazil. For more information, visit LPCorp.com.