UNIVERSAL FOREST PRODUCTS, INC. (NASDAQ:UFPI) Files An 8-K Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers
Item 5.02.Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers
Effective January 1, 2019, the Board of Directors of Universal Forest Products, Inc. (the “Company”) appointed Joan Budden to the Board of Directors of the Company. Since January 2016, Ms. Budden has served as the President and Chief Executive Officer of Priority Health, a health benefits company headquartered in Grand Rapids, Michigan. Prior to that time and since 2009, Ms. Budden served as the Chief Marketing Officer of Priority Health. Ms. Budden also serves as a director of Independent Bank Corporation of Grand Rapids, Michigan.
In connection with the appointment of Ms. Budden to the Board of Directors, the Board increased the size of the Board from 8 members to 9 members. Ms. Budden has not yet been appointed to any committee of the Board of Directors.
Item 9.01.Financial Statements and Exhibits
99.1A press release announcing appointment of Joan Budden to the Board of Directors of Universal Forest Products, Inc., issued by the Company on January 2, 2019.
UNIVERSAL FOREST PRODUCTS INC Exhibit
EX-99 2 ufpi-20190102xex99.htm EX-99 ufpi_Ex_99(1) Universal Forest Products,…
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About UNIVERSAL FOREST PRODUCTS, INC. (NASDAQ:UFPI)
Universal Forest Products, Inc. is a holding company. The Company, through its subsidiaries, supplies wood, wood composite and other products to three primary markets: retail, construction and industrial. Its industrial market serves as industrial manufacturers and other customers for packaging, material handling and other applications. The Company’s segments include North, South, West, Alternative Materials, International and Corporate divisions. The Company designs, manufactures and markets wood and wood-alternative products for national home centers and other retailers, structural lumber and other products for the manufactured housing industry, engineered wood components for residential and commercial construction, and specialty wood packaging, components and packing materials for various industries. The Company’s construction market consists of customers in three submarkets, including manufactured housing, residential construction and commercial construction.