W. Bradley Southern has been the CEO of Louisiana-Pacific Corporation since July 2017. Before that, he held various roles at the company, including Chief Operating Officer and Executive Vice President. His career spans over two decades at Louisiana-Pacific, highlighting his...

Current Market Cap

$8.00B

Number of Employees

4.1K

Total Compensation

2019 - 2023

Trending down by -63.54% last year
Showing total compensation for the last 2019 - 2023

Stock

Down by -100.00% last year

Salary

Up by 2.57% last year

Bonus

Down by -33.83% last year

Other

Down by -14.33% last year

Year

2023

Total Compensation

$3.10M

Salary

$1.15M

Board Justification

The compensation philosophy emphasizes performance-based compensation, aligning executive pay with company performance and long-term value creation for stakeholders.

Bonus

$1.75M

Board Justification

Annual cash incentives awarded pursuant to the 2023 Annual Incentive Plan were paid at an average of 123% of the target award amount, based on performance metrics including Adjusted EBITDA and Economic Profit.

Other

$193.29K

Board Justification

Other compensation includes financial and tax planning services, life insurance premiums, and employer contributions to defined contribution plans.

Restricted Stock

$0.00(0 RSU)

Board Justification

No stock was reported as vested in 2023; the total includes stock awards that are not vested yet.

Performance Metrics

Performance metrics for 2023 included Adjusted EBITDA and Economic Profit, with specific thresholds and targets established for cash incentive payouts.

SEC Filing

From March 27, 2024