NASHVILLE, Tenn.--(BUSINESS WIRE)--Louisiana-Pacific Corporation (LP) (NYSE: LPX) announced today the appointment of F. Nicholas Grasberger III to its board of directors effective immediately.
Grasberger is Chairman and Chief Executive Officer of Harsco Corporation, a global market leader providing environmental solutions for industrial waste streams and innovative technologies for the rail and energy sectors. Based in Camp Hill, PA, the 11,000-employee company operates in more than 30 countries. He has also served on the boards of Brand Energy and Infrastructure Services of Stone Mountain, Ga. and Lancaster General Hospital in Lancaster, Pa.
“Nick’s broad financial expertise and strong leadership experience will make him a valuable addition to our board,” LP Chairman Gary Cook said. “He brings a significant record as a successful CEO and will provide strategic insight to LP as we continue to execute our transformation to a leading building solutions company.”
Grasberger joined Harsco in 2013 as Chief Financial Officer and was appointed President and Chief Executive Officer in 2014. He became Chairman in October 2018. Under his leadership, Harsco has generated shareholder returns well above industry peers while transforming its businesses and portfolio. Prior to joining Harsco, he served as Managing Director of the Precision Polymers Division of Fenner PLC. Earlier, he spent four years with Armstrong World Industries, first as Senior Vice President and Chief Financial Officer, and later as Executive Vice President of Building Products and Asia Pacific. He also held the positions of Vice President and Chief Financial Officer for Kennametal, Inc., and as Corporate Treasurer and Director of Corporate Planning at H.J. Heinz Company. He started his career with USX Corp.
Grasberger earned a master’s degree in Business Administration from the University of Pittsburgh’s Katz Graduate School of Business and a bachelor’s degree in Business Administration and Finance from the University of Notre Dame.
Louisiana-Pacific Corporation is a leading building solutions company that invents, manufactures and delivers uniquely engineered, innovative building products that are backed by unparalleled service, strong customer support and industry leading warranties. With operations in the U.S., Canada, Chile and Brazil, LP helps builders, contractors, architects, engineers and home owners build smarter, better, faster and more efficiently. Founded in 1973, LP is headquartered in Nashville, Tennessee and traded on the New York Stock Exchange under LPX. For more information, visit www.lpcorp.com.