{"id":728700,"date":"2023-02-03T16:29:05","date_gmt":"2023-02-03T21:29:05","guid":{"rendered":"https:\/\/www.marketnewsdesk.com\/index.php\/matthew-j-missad-named-chairman-of-the-board-for-ufp-industries\/"},"modified":"2023-02-03T16:29:05","modified_gmt":"2023-02-03T21:29:05","slug":"matthew-j-missad-named-chairman-of-the-board-for-ufp-industries","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/matthew-j-missad-named-chairman-of-the-board-for-ufp-industries\/","title":{"rendered":"Matthew J. Missad named Chairman of the Board for UFP Industries"},"content":{"rendered":"<p>        <!--.bwalignc { text-align: center; list-style-position: inside }body {font:normal small Arial,Helvetica,sans-serif;color:#000;background-color:#fff;padding:24px;margin:0;} a img {border:0;} h3 {font-size:medium;color:#000;margin:0 0 1em 0; text-align:center;}-->  <\/p>\n<p class=\"bwalignc\"><b>Matthew J. Missad named Chairman of the Board for UFP Industries<\/b><\/p>\n<p class=\"bwalignc\"><b><i>Current Chairman William G. Currie to retire at end of term<\/i><\/b><\/p>\n<p>GRAND RAPIDS, Mich.&#8211;(<a href=\"http:\/\/www.businesswire.com\">BUSINESS WIRE<\/a>)&#8211;<br \/>\nUFP Industries, Inc. (Nasdaq: UFPI), today announced that CEO Matthew J. Missad also has been named chairman of the board. The move, approved by the board of directors at their February 2, 2023, meeting and effective immediately, is part of a comprehensive succession plan that calls for both change and continuity: Board Chairman William G. Currie will remain as a director through the end of his term. He then will step down after 52 years with the company. Missad will remain with the Company at least through 2027, as other elements of the succession plan are put in place.\n<\/p>\n<p>\n\u201cBill Currie powered this company\u2019s growth and direction for decades and made sure those of us who followed were ready to assume leadership roles,\u201d Missad said. \u201cThat meant giving us training, challenges, and trust, and the autonomy to make decisions and accept responsibility for their consequences. Largely because of his leadership and mentorship, I was able to assume the CEO role 12 years ago, and I am honored to accept this new opportunity today.\u201d\n<\/p>\n<p>\nAdded Currie: \u201cNo one is better able to shoulder this responsibility than Matt Missad. For 45 years, he has been dedicated to our excellence and success. As CEO, he quickly proved his ability to lead our operations and grow our business, and as chairman, he will continue to be the key driver of our strategic direction.\u201d\n<\/p>\n<p>\nMissad started with UFP Industries in 1978 (when it was The Universal Companies) as a high school student working part time on the maintenance crew and putting himself through college and law school. He joined the Company full time in 1985 as manager of legal compliance. Over the years, he held several successive positions, including executive vice president, general counsel, and secretary of the board. In 2011, he became the fifth CEO in the Company&#8217;s 68-year-history.\n<\/p>\n<p><b>UFP Industries, Inc.<\/b><\/p>\n<p>\nUFP Industries is a holding company whose operating subsidiaries \u2013 UFP Packaging, UFP Construction, and UFP Retail Solutions \u2013 manufacture, distribute, and sell a wide variety of value-added products used in residential and commercial construction, packaging, and other industrial applications worldwide. Founded in 1955, the company is headquartered in Grand Rapids, Mich., with affiliates in North America, Europe, Asia, and Australia. UFP Industries is ranked #401 on the Fortune 500 and #149 on Industry Week\u2019s list of America\u2019s Largest Manufacturers. For more about UFP Industries, go to <a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=http%3A%2F%2Fwww.ufpi.com&amp;esheet=53302086&amp;newsitemid=20230203005428&amp;lan=en-US&amp;anchor=http%3A%2F%2Fwww.ufpi.com&amp;index=1&amp;md5=f112ac31b3e5a17ce305d9b685148543\">http:\/\/www.ufpi.com<\/a>.\n<\/p>\n<p><img decoding=\"async\" alt=\"\" src=\"https:\/\/cts.businesswire.com\/ct\/CT?id=bwnews&amp;sty=20230203005428r1&amp;sid=flmnd&amp;distro=nx&amp;lang=en\" style=\"width:0;height:0\" \/><span class=\"bwct31415\" \/><\/p>\n<p id=\"mmgallerylink\"><span id=\"mmgallerylink-phrase\">View source version on businesswire.com: <\/span><span id=\"mmgallerylink-link\"><a href=\"https:\/\/www.businesswire.com\/news\/home\/20230203005428\/en\/\" rel=\"nofollow\">https:\/\/www.businesswire.com\/news\/home\/20230203005428\/en\/<\/a><\/span><\/p>\n<p>\nLynn Afendoulis<br \/>\n<br \/>Director, Corporate Communications and Government Relations<br \/>\n<br \/>(616) 365-1539, <a rel=\"nofollow\" href=\"mailto:lafendoulis@ufpi.com\">lafendoulis@ufpi.com<\/a><\/p>\n<p><b>KEYWORDS:<\/b> Michigan United States North America<\/p>\n<p><b>INDUSTRY KEYWORDS:<\/b> Residential Building &amp; Real Estate Other Retail Commercial Building &amp; Real Estate Manufacturing Construction &amp; Property Specialty Forest Products Natural Resources Retail Packaging Home Goods<\/p>\n<p><b>MEDIA:<\/b><\/p>\n<table cellpadding=\"3\" cellspacing=\"3\">\n<tr>\n<td><font face=\"Arial\" size=\"2\"><b>Logo<\/b><\/font><\/td>\n<\/tr>\n<tr>\n<td><img decoding=\"async\" src=\"https:\/\/mms.businesswire.com\/media\/20230203005428\/en\/1705134\/3\/a37526c5-1751-49d2-9620-ebe9af428c2c.jpg\" alt=\"Logo\" \/><\/td>\n<\/tr>\n<tr>\n<td><font face=\"Arial\" size=\"2\"><\/font><\/td>\n<\/tr>\n<\/table>\n","protected":false},"excerpt":{"rendered":"<p>Matthew J. Missad named Chairman of the Board for UFP Industries Current Chairman William G. Currie to retire at end of term GRAND RAPIDS, Mich.&#8211;(BUSINESS WIRE)&#8211; UFP Industries, Inc. (Nasdaq: UFPI), today announced that CEO Matthew J. Missad also has been named chairman of the board. The move, approved by the board of directors at their February 2, 2023, meeting and effective immediately, is part of a comprehensive succession plan that calls for both change and continuity: Board Chairman William G. Currie will remain as a director through the end of his term. He then will step down after 52 years with the company. Missad will remain with the Company at least through 2027, as other elements of the succession &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.marketnewsdesk.com\/index.php\/matthew-j-missad-named-chairman-of-the-board-for-ufp-industries\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;Matthew J. Missad named Chairman of the Board for UFP Industries&#8221;<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-728700","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.6 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Matthew J. Missad named Chairman of the Board for UFP Industries - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/matthew-j-missad-named-chairman-of-the-board-for-ufp-industries\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Matthew J. Missad named Chairman of the Board for UFP Industries - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"Matthew J. Missad named Chairman of the Board for UFP Industries Current Chairman William G. Currie to retire at end of term GRAND RAPIDS, Mich.&#8211;(BUSINESS WIRE)&#8211; UFP Industries, Inc. (Nasdaq: UFPI), today announced that CEO Matthew J. Missad also has been named chairman of the board. The move, approved by the board of directors at their February 2, 2023, meeting and effective immediately, is part of a comprehensive succession plan that calls for both change and continuity: Board Chairman William G. Currie will remain as a director through the end of his term. He then will step down after 52 years with the company. Missad will remain with the Company at least through 2027, as other elements of the succession &hellip; Continue reading &quot;Matthew J. Missad named Chairman of the Board for UFP Industries&quot;\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.marketnewsdesk.com\/index.php\/matthew-j-missad-named-chairman-of-the-board-for-ufp-industries\/\" \/>\n<meta property=\"og:site_name\" content=\"Market Newsdesk\" \/>\n<meta property=\"article:published_time\" content=\"2023-02-03T21:29:05+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/cts.businesswire.com\/ct\/CT?id=bwnews&amp;sty=20230203005428r1&amp;sid=flmnd&amp;distro=nx&amp;lang=en\" \/>\n<meta name=\"author\" content=\"Newsdesk\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Newsdesk\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/matthew-j-missad-named-chairman-of-the-board-for-ufp-industries\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/matthew-j-missad-named-chairman-of-the-board-for-ufp-industries\\\/\"},\"author\":{\"name\":\"Newsdesk\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/#\\\/schema\\\/person\\\/482f27a394d4fda80ecb5499e519d979\"},\"headline\":\"Matthew J. 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