LP Chair and CEO Brad Southern Appointed to the Federal Reserve Bank of Atlanta’s Board of Directors
January 05 2024 - 12:15PM
Business Wire
Southern will serve a three-year term for the
Atlanta Fed’s Nashville Branch
LP Building Solutions (LP), a leading manufacturer of
high-performance building products, today announced the appointment
of LP Chair and CEO Brad Southern to the Federal Reserve Bank of
Atlanta’s Board of Directors for its Nashville Branch.
The Federal Reserve Board of Governors appointed Southern to a
three-year term that began January 1, 2024. As a Nashville Branch
director, Southern will furnish economic insights from the
manufacturing and homebuilding sectors that will aid the district
bank’s president and head office directors in formulating monetary
policy and discount rate recommendations.
Southern, who has more than 40 years of manufacturing and forest
products experience, will celebrate his seventh year as LP’s CEO in
July. He serves on the boards of directors of the National
Association of Manufacturers and the Forest Products Association of
Canada and holds a Master of Science in forest resources from the
University of Georgia.
Reflecting on this appointment, Southern said, “I’m humbled to
represent our industry on the Atlanta Fed’s Nashville Board,
contributing to its important public mission. Manufacturing is a
cornerstone of U.S. economic growth, and it is an honor to serve as
a bridge between the Federal Reserve, the manufacturing industry
and the public.”
The Federal Reserve Bank of Atlanta, one of 12 regional Reserve
Banks, collaborates with the Board of Governors in Washington, D.C.
to constitute the Federal Reserve System—the nation's central bank.
Established in 1913, its primary role is to foster a sound
financial system and healthy economy.
The Atlanta Fed’s territory encompasses Alabama, Florida,
Georgia, and parts of Louisiana, Mississippi, and Tennessee. It
operates branches in Birmingham, Jacksonville, Miami, Nashville,
and New Orleans, playing a pivotal role in the national payment
system by providing essential financial services to the Federal
Reserve’s Sixth District.
About LP Building Solutions
As a leader in high-performance building solutions,
Louisiana-Pacific Corporation (LP Building Solutions, NYSE: LPX)
manufactures engineered wood products that meet the demands of
builders, remodelers and homeowners worldwide. LP’s extensive
portfolio of innovative and dependable products includes Siding
Solutions (LP® SmartSide® Trim & Siding, LP® SmartSide®
ExpertFinish® Trim & Siding, LP BuilderSeries® Lap Siding and
LP® Outdoor Building Solutions™), LP® Structural Solutions (LP®
TechShield® Radiant Barrier, LP WeatherLogic® Air & Water
Barrier, LP Legacy® Premium Sub-Flooring, LP® FlameBlock®
Fire-Rated Sheathing, LP NovaCore® Thermal Insulated Sheathing and
LP® TopNotch® 350 Durable Sub-Flooring) and oriented strand board
(OSB). In addition to product solutions, LP provides
industry-leading customer service and warranties. Since its
founding in 1972, LP has been Building a Better World™ by helping
customers construct beautiful, durable homes while shareholders
build lasting value. Headquartered in Nashville, Tennessee, LP
operates 23 plants across the U.S., Canada, Chile and Brazil. For
more information, visit LPCorp.com.
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