Gypsum Management & Supply (GMS) increased the size of its board of directors from nine to ten and simultaneously appointed LP Building Solutions CEO Brad Southern to serve as an independent director for GMS.
Southern will serve on the GMS board’s human capital management and compensation committee and the nominating and corporate governance committee.
“I’d like to welcome Brad to the board of directors for GMS,” John Gavin, GMS’s non-executive chair, said in a prepared statement. “We are pleased to add an individual with such a wealth of building materials industry experience and extensive financial expertise. We are confident he will be a valuable addition to the GMS board and look forward to benefiting from his insights and perspectives alongside our other directors.”
Southern first joined LP in 1999 and has served as chief operating officer, executive vice president and general manager for OSB products, senior vice president and general manager for the company’s siding and molding product lines, and multiple positions in the specialty operations division prior to his appointment as CEO in 2017. He serves on the board of directors for The Forest Products Association of Canada and the Nashville branch of the Federal Reserve Bank of Atlanta.
In the same news release, GMS announced Peter Browning will not stand for reelection to the GMS board at the 2024 Annual Meeting of Stockholders.
“I also want to thank Peter for his many years of dedicated service to GMS and the leadership he’s provided and will continue to provide in the boardroom until his retirement later this year.”
GMS operates a network of over 300 distribution centers and more than 100 tool sales, rental, and service centers.
