Header: Header: Header:

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

Lumber Among Three Big Input Reductions

Softwood lumber is one of the three largest construction input cost reductions year-over-year from December 2021 to December 2022, according to a recent ConstructionDive market report. Citing Producer Price Index data from December 2022, the report noted that overall…

Biofuels Project Sinks

The Red Rock Biofuels project in southern Oregon appears headed for foreclosure according to notices published in the Lake County Examiner newspaper in late December after the company failed to make principal and interest payments on some $300 million in debt. The notice set a February 4 payment…

Opticom Celebrates 50th Anniversary

Opticom Technologies, a leader in industrial video monitoring solutions, is celebrating 50 years in business. The company, founded in 1973, has evolved to continue offering innovative products as video monitoring technology has advanced. “It’s unique for a video monitoring company to have 50 years of history under its belt,” comments Opticom Global…

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.