Attorney Michael Wooldridge Appointed to UFPI Board of Directors
February 02 2016 - 4:05PM
Business Wire
Universal Forest Products, Inc. (Nasdaq: UFPI) today announced
that Michael G. Wooldridge, a partner with the Grand Rapids,
Mich.-based law firm Varnum LLP, was appointed to its Board of
Directors, effective January 28, 2016.
Wooldridge joined Varnum, LLP in 1985, and today is a partner in
the firm’s corporate practice team, focusing on corporate
governance, securities, and mergers and acquisitions. He advises
publicly traded companies on compliance matters, corporate
structure, disclosure requirements and other issues, and has
managed and led a variety of public equity and debt offerings for
financial services and manufacturing companies.
“For years, Mike has provided us with invaluable legal and
strategic counsel that has contributed to our success,” said UFPI
Chairman William G. Currie. “Having him on our board enhances his
ability to influence the direction and success of the companies of
Universal. We are fortunate and pleased to add Mike to our board,
and we know that the company will be well-served by Mike and the
experience and knowledge he brings.”
Wooldridge is serving until the April 20, 2016, UFPI shareholder
meeting, at which time shareholders will be asked to approve his
appointment to a one-year term expiring in April 2017. He holds the
eleventh seat on the board, which represents an expansion of one
seat, also approved at the board’s January 28, 2016, meeting.
A graduate of Alma College and Cornell University Law School,
Wooldridge has earned numerous awards and recognitions, and has
been included in The Best Lawyers in America® since 2005. His
current community engagements include serving on the board of the
YMCA of Greater Grand Rapids, as well as on the Dean’s Advisory
Board of the Seidman College of Business at Grand Valley State
University.
UNIVERSAL FOREST PRODUCTS, INC.
Universal Forest Products, Inc. is a holding company that
provides capital, management and administrative resources to
subsidiaries that supply wood, wood composite and other products to
three robust markets: retail, construction and
industrial. Founded in 1955, the Company is headquartered in
Grand Rapids, Mich., with affiliates throughout North America and
in Australia. For more about Universal Forest Products, go to
www.ufpi.com.
This press release contains forward-looking statements within
the meaning of Section 21E of the Securities Exchange Act, as
amended, that are based on management’s beliefs, assumptions,
current expectations, estimates and projections about the markets
we serve, the economy and the Company itself. Words like
“anticipates,” “believes,” “confident,” “estimates,” “expects,”
“forecasts,” “likely,” “plans,” “projects,” “should,” variations of
such words, and similar expressions identify such forward-looking
statements. These statements do not guarantee future performance
and involve certain risks, uncertainties and assumptions that are
difficult to predict with regard to timing, extent, likelihood and
degree of occurrence. The Company does not undertake to update
forward-looking statements to reflect facts, circumstances, events,
or assumptions that occur after the date the forward-looking
statements are made. Actual results could differ materially from
those included in such forward-looking statements. Investors are
cautioned that all forward-looking statements involve risks and
uncertainty. Among the factors that could cause actual results to
differ materially from forward-looking statements are the
following: fluctuations in the price of lumber; adverse or unusual
weather conditions; adverse economic conditions in the markets we
serve; government regulations, particularly involving environmental
and safety regulations; and our ability to make successful business
acquisitions. Certain of these risk factors as well as other risk
factors and additional information are included in the Company's
reports on Form 10-K and 10-Q on file with the Securities and
Exchange Commission.
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version on businesswire.com: http://www.businesswire.com/news/home/20160202006194/en/
Universal Forest Products, Inc.Lynn AfendoulisDirector,
Corporate Communications(616) 365-1502
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