Roseburg announced president and chief executive officer Grady Mulbery will retire, effective Sept. 30, 2023. As part of the company’s planned leadership succession, Roseburg’s board of directors unanimously elected chief operating officer Stuart Gray to succeed Mulbery as president and CEO, effective Oct. 1, 2023.
As part of the transition, Mulbery will remain on the Roseburg board of directors through the end of 2023 and serve as an executive advisor through 2024.
“It has been an honor and a privilege to serve Roseburg and I look forward to life’s next chapters,” Mulbery said in a prepared statement. “I am very grateful for the many opportunities and experiences I’ve had here. I am extremely proud of our leadership team and our team members, and their unwavering commitment to safety, each other, and our customers.”
During his 12 years with Roseburg, Mulbery held increasingly senior roles, first serving as vice president of composites, then as vice president of operations. Since 2016, Mulbery has served as the company’s president and CEO. During his time as CEO, Mulbery oversaw the expansion of Roseburg’s timberland holdings into the southeastern United States and the addition of manufacturing operations on the East Coast and into Canada. Mulbery led the company’s entry into medium density fiberboard manufacturing, and oversaw the construction of new engineered wood product and lumber manufacturing facilities in North and South Carolina.
“During Grady’s tenure, Roseburg has grown considerably and established a stronger and more diversified portfolio in the timber and wood products industry,” Roseburg owner and chairman of the board Allyn Ford said. “His deep industry experience and focused leadership during his time as CEO have earned him the utmost respect of Roseburg’s team members, customers, board of directors, and owners, as well as key constituents throughout the wood products industry.”
Incoming president and CEO Stuart Gray joined Roseburg in 2017 as senior vice president and general counsel, overseeing the company’s strategic business development, legal, compliance, and environmental teams. In January 2022, he was appointed chief operating officer and assumed responsibility for the company’s manufacturing business.
“With the company well positioned for continued success, we believe now is the time to begin the transition to the next generation of leadership,” Ford said. “At the conclusion of a multi-year development and succession process, we are confident in Stuart’s leadership, commitment to our culture and team members, and demonstrated ability to drive continued growth.”