Pete Madden Becomes U.S. Endowment President
U.S. Endowment for Forestry and Communities announced that Pete Madden is the new President.
Madden joins the Endowment with more than 30 years of experience in the forest sector. He has held roles in land management, procurement, supply chain and logistics, and renewable energy within well-known and respected industry players including Westvaco, Georgia-Pacific and Plum Creek. Most recently, he led Drax Biomass, Inc. as President and CEO.
“I have watched the Endowment emerge as one of the most progressive and impactful players in the greater forest sector bridging academia, conservation, government at all levels, and industry,” Madden says.
The Endowment was established in September 2006 at the request of the governments of the U.S. and Canada in accordance with terms of the 2006 Softwood Lumber Agreement.
“Our Board and staff are excited to share with our partners and collaborators that Pete is coming aboard,” says Endowment CEO Carlton Owen. “This decision is the culmination of more than two years of thoughtful and deliberate succession planning to ensure that the Endowment continues to advance its dual mission of keeping working forests as forests and advancing family-wage jobs in forest-rich, rural communities.”
Endowment Board Chairman Mark Emmerson, who is Chairman of California-based Sierra Pacific Industries, notes, “We are fortunate to have had consistent, stable and visionary leadership since the Endowment’s creation in 2006 and are happy to report that Carlton Owen will continue as CEO for an extended period.”
Madden will work out of the Endowment’s headquarters in Greenville, SC.
Latest News
Housing Starts Decline, But Still Steady
U.S. housing starts were down 8% in June from May to a seasonally adjusted rate of 1.434 million. May’s 1.6 million rated starts had surprised everybody, increasing 20% over April. June single-family starts were at a rate of 935,000, 7% below May, while multi-family starts were 482,000, down 11.6% from May…
Dale Brown Becomes USNR CEO
Wood Technologies International announced that President Dale Brown has been appointed CEO of the company, succeeding Craig Tompkins who now serves as a Strategic Advisor to the Board of Directors of Wood Technologies…
The Logger Supply Chain Strain
During the Southern Forest Products Assn.’s educational sessions at the 2021 event, longtime sawmiller and consultant Huey Long noted that early in his career, one of his mentors said that to help maintain perspective, it’s important to always keep a basic line chart graph showing 20 years of lumber prices on your office…
Find Us On Social
Newsletter
The monthly Timber Processing Industry Newsletter reaches over 4,000 mill owners and supervisors.
Subscribe/Renew
Timber Processing is delivered 10 times per year to subscribers who represent sawmill ownership, management and supervisory personnel and corporate executives. Subscriptions are FREE to qualified individuals.
Advertise
Complete the online form so we can direct you to the appropriate Sales Representative.