UFP Industries names William Schwartz CEO; Matthew Missad becomes Executive Chairman

UFP INDUSTRIES INC

William D. Schwartz appointed CEO effective Dec 29, 2024; base salary $600,000/yr.
Matthew J. Missad becomes Executive Chairman for 24 months; base salary $500,000/yr.
Missad served as CEO since 2011; stock price rose >1500%, revenue grew $1.8B to $7.2B.
CFO Michael Cole adds President of Corporate Services title to strengthen management team.
Schwartz previously president of UFP Retail Solutions, the company's largest business segment.

item 5.02 item 7.01 item 9.01

Executive movements

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Role change

Matthew J. Missad

Executive Chairman

UFPI · UFP INDUSTRIES INC

Effective: 2024-12-29
Successor: William D. Schwartz
Filed: August 27, 2024, 7:59 PM ET

appointed Matthew J. Missad as the Executive Chairman of the Company, effective December 29, 2024

Appointed

William D. Schwartz

Chief Executive Officer

UFPI · UFP INDUSTRIES INC

Effective: 2024-12-29
Filed: August 27, 2024, 7:59 PM ET

appointed William D. Schwartz as the Chief Executive Officer (CEO) of the Company, effective December 29, 2024

Key facts

Extracted from this filing and checked against the source text.

Executive change SEC 8-K Item 5.02 confidence 0.95

Matthew J. Missad was appointed as Executive Chairman at UFP INDUSTRIES INC.

Action: appointed
Role: Executive Chairman

Exact text from the filing

appointed Matthew J. Missad as the Executive Chairman of the Company, effective December 29, 2024

View on SEC.gov

Executive change SEC 8-K Item 5.02 confidence 0.95

William D. Schwartz was appointed as Chief Executive Officer at UFP INDUSTRIES INC.

Action: appointed
Role: Chief Executive Officer

Exact text from the filing

appointed William D. Schwartz as the Chief Executive Officer (CEO) of the Company, effective December 29, 2024

View on SEC.gov

UFP INDUSTRIES INC filing history →

Source: SEC EDGAR

accession 0000912767-24-000028

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