West Fraser Announces Senior Leadership Transition Plan
Hank Ketcham, Chairman of West Fraser’s Board of Directors, announced that Ray Ferris, current West Fraser President and Chief Executive Officer, plans to retire on December 31, 2023.
Ferris has been with West Fraser for over 26 years in increasingly senior positions culminating in his appointment as President and Chief Operating Officer in 2018 and as a director of the Company in 2019.
During his tenure as Chief Executive Officer the company has grown substantially in sales, profits, product mix and geographic diversification. In addition, Ferris has driven the strong commitment to continual improvement in our safety, environmental and people programs.
Sean McLaren, current Chief Operating Officer, will be appointed to President and Chief Executive Officer effective January 1, 2024. McLaren has been with West Fraser and its predecessor companies for 35 years. West Fraser has benefited immeasurably from Ferris’ strong leadership and the Board enthusiastically looks forward to continued growth and success under McLaren’s leadership.
Latest News
GE Capital Closes On Loan For 84 Lumber Company
GE Capital Corporate Finance recently announced it is co-collateral agent and documentation agent for a $225 million asset-based loan for 84 Lumber Company, one of the nation’s leading privately-held building materials and services suppliers to professional...
Log, Lumber Prices Put Squeeze On Western Sawmills
Results of a multi‐client benchmarking study show that in spite of operational improvements, dimension lumber mills in the U.S. West have struggled to overcome the narrowing gap between log prices and lumber selling values. The study included 10 dimension lumber...
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.