LP Building Solutions named Libby Berman vice president and chief tax officer and appointed Bob Hopkins as vice president and treasurer.
“Bob and Libby have been invaluable contributors to the LP team for many years now,” LP executive vice president and chief financial officer Alan Haughie said in a prepared statement. “Bob is a smart, thorough financial professional with a passion for LP. Libby has been an incredible asset to the tax team since she joined the company and brings an infectious energy to her work. I am delighted to see them both receive this well-deserved recognition.”
Berman joined the company in 2018 as the chief tax officer, overseeing LP’s global tax function. She is responsible for the company’s tax strategy and reporting obligations for the tax regulatory environment. Additionally, Berman provides strategic counsel for key company initiatives and helps to manage enterprise and operational risks.
“When I joined LP, it was clear the company had an outstanding culture born out of its transformation strategy,” Berman said. “I have enjoyed every challenge and opportunity the rapidly changing environment at LP and that tax regulations have posed. I look forward to continuing to lend my experience to our future initiatives as we continue to grow as a leading provider of specialty building products.”
Hopkins brings nearly three decades of treasury experience to his role. He joined LP in 2006 as a treasury manager and was promoted to assistant treasurer in 2012 and to treasurer in 2019. In his role as treasurer, Hopkins is responsible for protecting the corporate balance sheet, including ensuring there is adequate capital available to execute corporate strategy, managing cash flow, debt levels, and property risks, and allocating credit to over 400 customers. Hopkins also has served as treasurer of the LP Foundation for many years.
“I am extremely proud of the work we do at LP,” Hopkins said. “In nearly 17 years with the company, I’ve seen it transform from a commodity-focused business to one that has become a leader in building solutions, and I’m grateful I’ve been able to play a role in that transformation. I am humbled by the promotion and excited about the future of LP.”