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Stanley Elliott named Director of Investor Relations at UFP Industries, replacing the retiring Dick Gauthier

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UFP Industries (Nasdaq: UFPI) has appointed Stanley Elliott as its new director of investor relations, replacing Dick Gauthier who will retire at the end of 2024 after 40 years with the company. Elliott joins from Stifel Financial , where he served as managing director on the equity research platform, covering industries including building materials and diversified industrials. His experience includes award-winning earnings estimates and stock selection, with UFP Industries in his coverage universe.

Mike Cole, UFP Industries CFO, expressed confidence in Elliott's ability to create a best-in-class investor relations program, citing his knowledge of the company, culture, and industry. UFP Industries, ranked #493 on the Fortune 500 and #128 on Industry Week's list of America's Largest Manufacturers, operates through subsidiaries in packaging, construction, and retail solutions sectors.

UFP Industries (Nasdaq: UFPI) ha nominato Stanley Elliott come nuovo direttore delle relazioni con gli investitori, sostituendo Dick Gauthier, che andrà in pensione alla fine del 2024 dopo 40 anni di servizio con l'azienda. Elliott proviene da Stifel Financial, dove ha ricoperto il ruolo di direttore generale nella piattaforma di ricerca azionaria, coprendo settori tra cui materiali da costruzione e industriali diversificati. La sua esperienza include stime sugli utili premiate e selezione di azioni, con UFP Industries nel suo universo di copertura.

Mike Cole, CFO di UFP Industries, ha espresso fiducia nella capacità di Elliott di creare un programma di relazioni con gli investitori di alta classe, citando la sua familiarità con l'azienda, la cultura e il settore. UFP Industries, classificata al #493 nella Fortune 500 e al #128 nella lista di Industry Week dei maggiori produttori americani, opera attraverso sussidiarie nei settori degli imballaggi, delle costruzioni e delle soluzioni al dettaglio.

UFP Industries (Nasdaq: UFPI) ha nombrado a Stanley Elliott como su nuevo director de relaciones con inversores, reemplazando a Dick Gauthier, quien se retirará a finales de 2024 tras 40 años en la empresa. Elliott llega de Stifel Financial, donde ocupó el cargo de director gerente en la plataforma de investigación de acciones, abarcando industrias como materiales de construcción e industriales diversificados. Su experiencia incluye estimaciones de ganancias galardonadas y selección de acciones, con UFP Industries en su universo de cobertura.

Mike Cole, CFO de UFP Industries, expresó confianza en la habilidad de Elliott para crear un programa de relaciones con inversores de primera clase, citando su conocimiento sobre la empresa, la cultura y la industria. UFP Industries, clasificada como #493 en la lista Fortune 500 y #128 en la lista de Industry Week de los mayores fabricantes de América, opera a través de subsidiarias en los sectores de empaque, construcción y soluciones minoristas.

UFP Industries (Nasdaq: UFPI)는 스탠리 엘리엇을 새로운 투자자 관계 이사로 임명했으며, 2024년 말에 은퇴할 딕 고시아를 대신하게 되었습니다. 엘리엇은 스티펠 파이낸셜에서 주식 연구 플랫폼의 전무 이사로 재직하며 건축 자재 및 다양한 산업을 포함한 산업을 다루었습니다. 그의 경험에는 수상 경력이 있는 수익 추정 및 주식 선정이 포함되며, UFP Industries도 그의 관할 범위에 있습니다.

UFP Industries의 CFO인 마이크 콜은 엘리엇이 회사, 문화 및 산업에 대한 지식을 바탕으로 세계적 수준의 투자자 관계 프로그램을 만드는 능력에 대해 신뢰를 표명했습니다. UFP Industries는 Fortune 500에서 493위, Industry Week의 미국 최대 제조업체 목록에서 128위에 올라 있으며, 포장, 건설 및 소매 솔루션 분야의 자회사를 통해 운영합니다.

UFP Industries (Nasdaq: UFPI) a nommé Stanley Elliott comme nouveau directeur des relations avec les investisseurs, remplaçant Dick Gauthier qui prendra sa retraite à la fin de 2024 après 40 ans au sein de l'entreprise. Elliott rejoint Stifel Financial, où il était directeur général sur la plateforme de recherche en actions, couvrant des secteurs tels que les matériaux de construction et les industries diversifiées. Son expérience comprend des estimations de bénéfices primées et la sélection d'actions, UFP Industries étant dans son univers de couverture.

Mike Cole, CFO de UFP Industries, a exprimé sa confiance dans la capacité d'Elliott à créer un programme de relations avec les investisseurs de premier plan, citant sa connaissance de l'entreprise, de la culture et du secteur. UFP Industries, classée #493 dans le classement Fortune 500 et #128 dans la liste d'Industry Week des plus grands fabricants américains, opère à travers des filiales dans les secteurs de l'emballage, de la construction et des solutions de détail.

UFP Industries (Nasdaq: UFPI) hat Stanley Elliott zum neuen Direktor für Investor Relations ernannt, der Dick Gauthier ersetzt, der Ende 2024 nach 40 Jahren im Unternehmen in den Ruhestand geht. Elliott kommt von Stifel Financial, wo er als Geschäftsführer in der Aktienforschungsplattform tätig war und Branchen wie Baustoffe und diversifizierte Industrien abdeckte. Zu seinen Erfahrungen gehören preisgekrönte Gewinnschätzungen und Aktienauswahl, wobei UFP Industries in seinem Beobachtungsuniversum enthalten ist.

Mike Cole, CFO von UFP Industries, äußerte Vertrauen in Elliotts Fähigkeit, ein erstklassiges Programm für Investor Relations zu erstellen, und verwies auf sein Wissen über das Unternehmen, die Kultur und die Branche. UFP Industries, die auf Platz 493 der Fortune 500 und auf Platz 128 der Liste von Industry Week der größten Hersteller Amerikas rangiert, operiert über Tochtergesellschaften in den Bereichen Verpackung, Bau und Einzelhandelslösungen.

Positive
  • Appointment of experienced investor relations director with industry knowledge
  • New director has a track record of award-winning earnings estimates and stock selection
  • Potential for improved investor relations program
Negative
  • None.

GRAND RAPIDS, Mich.--(BUSINESS WIRE)-- UFP Industries, Inc. (Nasdaq: UFPI) today announced that Stanley Elliott has joined the company as director of investor relations. Stanley will begin assuming the IR duties currently overseen by Dick Gauthier, who will retire at the end of 2024 after 40 years with the company.

Stanley joins UFP Industries from Stifel Financial Corporation, a multinational wealth management and investment banking firm, where he served as managing director on Stifel’s equity research platform. He joined Stifel in 2006, supporting the research of the home furnishings and building materials industries. In 2011 he launched coverage on the industrial space and served as managing director of the diversified industrials sector, covering machinery, construction materials and building materials. Stanley has won StarMine awards for both earnings estimates and stock selection, and his equity research coverage universe included UFP Industries.

“We’re thrilled to have Stanley’s talent and experience in this role,” said UFP Industries CFO Mike Cole. “Stanley’s knowledge of our company, culture and industry is impressive, and when combined with his extensive experience in sell-side investment research, gives us the ability to create a best-in-class investor relations program. We would also like to congratulate Dick Gauthier on his upcoming retirement and recognize his dedication to UFP Industries and contributions to our company over the past four decades across numerous leadership roles.”

UFP Industries, Inc.

UFP Industries, Inc. is a holding company whose operating subsidiaries – UFP Packaging, UFP Construction and UFP Retail Solutions – manufacture, distribute and sell a wide variety of value-added products used in residential and commercial construction, packaging and other industrial applications worldwide. Founded in 1955, the company is headquartered in Grand Rapids, Mich., with affiliates in North America, Europe, Asia and Australia. UFP Industries is ranked #493 on the Fortune 500 and #128 on Industry Week’s list of America’s Largest Manufacturers. For more about UFP Industries, go to www.ufpi.com.

This press release contains forward-looking statements within the meaning of Section 21E of the Securities Exchange Act, as amended, that are based on management’s beliefs, assumptions, current expectations, estimates and projections about the markets we serve, the economy and the Company itself. Words like “anticipates,” “believes,” “confident,” “estimates,” “expects,” “forecasts,” “likely,” “plans,” “projects,” “should,” variations of such words, and similar expressions identify such forward-looking statements. These statements do not guarantee future performance and involve certain risks, uncertainties and assumptions that are difficult to predict with regard to timing, extent, likelihood and degree of occurrence. The Company does not undertake to update forward-looking statements to reflect facts, circumstances, events, or assumptions that occur after the date the forward-looking statements are made. Actual results could differ materially from those included in such forward-looking statements. Investors are cautioned that all forward-looking statements involve risks and uncertainty. Among the factors that could cause actual results to differ materially from forward-looking statements are the following: fluctuations in the price of lumber; adverse or unusual weather conditions; adverse economic conditions in the markets we serve; government regulations, particularly involving environmental and safety regulations; and our ability to make successful business acquisitions. Certain of these risk factors as well as other risk factors and additional information are included in the Company's reports on Form 10-K and 10-Q on file with the Securities and Exchange Commission.

Dick Gauthier

VP of Investor Relations

(616) 365-1555

Source: UFP Industries, Inc.

FAQ

Who is the new director of investor relations at UFP Industries (UFPI)?

Stanley Elliott has been appointed as the new director of investor relations at UFP Industries (UFPI).

When will Dick Gauthier retire from UFP Industries (UFPI)?

Dick Gauthier will retire from UFP Industries (UFPI) at the end of 2024 after 40 years with the company.

What was Stanley Elliott's previous position before joining UFP Industries (UFPI)?

Before joining UFP Industries (UFPI), Stanley Elliott was a managing director on Stifel Financial 's equity research platform.

What is UFP Industries' (UFPI) ranking on the Fortune 500 list?

UFP Industries (UFPI) is ranked #493 on the Fortune 500 list.

UFP Industries, Inc.

NASDAQ:UFPI

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UFPI Stock Data

7.83B
60.92M
2.06%
84%
1.51%
Lumber & Wood Production
Sawmills & Planting Mills, General
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United States of America
GRAND RAPIDS