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L-P Appoints Stevens COO, Bailey CFO

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Louisiana-Pacific Corp., Nashville, Tenn., USA, this week announced that EVP Curt Stevens, L-P's CFO since 1997, will move into the interim position of EVP and COO, newly created by the L-P board of directors for the purpose of implementing its orderly management succession plan. Sallie B. Bailey will join LP as EVP and CFO.

On December 5, Stevens will become responsible for the company's sales and marketing, operating units, and support functions, while Bailey will oversee financial matters. Both will report to CEO Rick Frost.

Stevens is a Certified Public Accountant and holds a Bachelor of Science degree in economics and an MBA with a concentration in finance from the University of California at Los Angeles. He is also a member of the board of directors for Quanex Building Products Corp.

Bailey has held a variety of senior finance roles including CFO at Ferro Corp. from 2007 - 2010, and SVP, finance and controller, with Timken Corp.


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