Nick Stokes to Retire and Jeff Strom to Lead Boise Cascade’s Distribution Division
January 15 2021 - 9:00AM
Business Wire
Boise Cascade Company (Boise Cascade) (NYSE: BCC) announced
today that Nick Stokes, executive vice president of the Company’s
Building Materials Distribution (BMD) business, has elected to
retire on March 12, 2021, with 42 years of service. The board of
directors has appointed Jeff Strom to the role of executive vice
president of the BMD division.
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Nick Stokes (Photo: Business Wire)
A veteran company and industry leader, Mr. Stokes joined Boise
Cascade in 1979 after earning a bachelor’s degree in both
management and marketing from the University of Utah. He held
positions of increasing responsibility, including all areas of
branch operations and sales, before being promoted to vice
president of BMD operations in 2001, to senior vice president in
2011, and to executive vice president in 2014.
“Nick has been a key leader in the strategic growth of BMD,”
said Tom Carlile, board chair. “Over the last three years, the
division has added five new distribution centers to our nationwide
network of 38 branches, as well as expanded the door shop business
to nine millwork locations.”
Mr. Strom will assume his new responsibilities effective March
12, 2021. He joined Boise Cascade in 2006 in a sales position and
became a branch manager in Milton, FL. He currently serves as vice
president & general manager of BMD’s Eastern Region, based in
Boise, ID. Mr. Strom has nearly 30 years of industry experience. He
holds a bachelor’s degree in management from the Georgia Institute
of Technology.
“I extend my sincere appreciation to Nick for his four decades
of service and wish him the very best in his well-deserved
retirement. I also offer a hearty congratulations to Jeff on his
new role and responsibilities,” said Nate Jorgensen, Boise Cascade
CEO. “We have been intentionally planning for this succession. The
continuity of leadership enables us to continue to live our values
and successfully serve our Customers, Suppliers and Shareholders
into the future.”
About Boise Cascade
Boise Cascade Company is one
of the largest producers of engineered wood products and plywood in
North America and a leading U.S. wholesale distributor of building
products. For more information, please visit our website at
www.bc.com.
Forward-Looking Statements
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statements that are “forward looking” within the Private Securities
Litigation Reform Act of 1995. These statements speak only as of
the date of this press release. While they are based on the current
expectations and beliefs of management, they are subject to a
number of uncertainties and assumptions that could cause actual
events to differ from the expectations expressed in this release.
Factors that could cause actual events to differ materially from
forward-looking statements are discussed in greater detail in our
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Forward-looking statements speak only as of the date of this press
release. We undertake no obligation to revise them in light of new
information. Finally, we undertake no obligation to review or
confirm analyst expectations or estimates that might be derived
from this release.
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Media contact: Lisa Tschampl 208-384-6552 Investor
contact: Wayne Rancourt 208-384-6073
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