Management ChangeJun 1, 2026, 04:31 PM
LP Building Solutions CFO Haughie to Retire; Howald Named Successor
AI Summary
LP Building Solutions announced that Executive Vice President and Chief Financial Officer Alan J.M. Haughie will retire effective September 1, 2026, and will transition to an advisory role until February 28, 2027. Aaron Howald, currently Vice President, Investor Relations and Business Development, has been appointed to succeed Mr. Haughie as CFO and Senior Vice President, also effective September 1, 2026, with a new annual base salary of $560,000 and significant equity awards. Additionally, Senior Vice President and Chief Commercial Officer Craig Sichling notified the company of his intention to retire in the first half of 2027.
Key Highlights
- Alan J.M. Haughie will retire as EVP and CFO of LP Building Solutions effective September 1, 2026.
- Aaron Howald, current VP, Investor Relations and Business Development, is appointed as the new CFO and Senior VP, effective September 1, 2026.
- Mr. Haughie will serve in an advisory capacity through February 28, 2027, maintaining current salary and benefits.
- Mr. Howald's annual base salary will increase to $560,000, effective September 1, 2026.
- Mr. Howald's target award under the Annual Incentive Plan will increase to 75% of his annual base salary.
- Mr. Howald will be eligible for long-term equity grants with an aggregate value of $975,000, starting February 2027.
- Mr. Howald will receive a one-time RSU award of $625,000 on September 1, 2026.
- Craig Sichling, SVP and Chief Commercial Officer, intends to retire in the first half of 2027.
Price Impact
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