Item 5.02 Departure of Directors of Certain Officers; Election of Directors;
Appointment of Certain Officers; Compensatory Arrangements of Certain
Officers.
Item 5.02(b). Departure of Certain Officers
On January 14, 2021, Nick Stokes, EVP Building Materials Distribution of Boise
Cascade Company ("Boise Cascade" or the "Company"), notified the Company of his
retirement effective March 12, 2021.
Item 5.02(c). Appointment of Certain Officers
On January 15, 2021, Boise Cascade issued a press release announcing that on
January 14, 2021, the Board of Boise Cascade elected Jeff Strom, age 53, as EVP
Building Materials Distribution, with an effective date of March 12, 2021. Mr.
Strom became vice president and general manager of eastern operations, Building
Materials Distribution, in January 2020. His previous positions with the company
include: General Manager, Eastern Region, Building Materials Distribution, from
May 2019 through January 2020; Region Manager, Building Materials Distribution,
from November 2015 through May 2019; and Branch Manager, Building Materials
Distribution, from September 2008 through November 2015. Prior to his employment
with Boise Cascade, Mr. Strom was employed at Georgia Pacific in its building
materials distribution business. Mr. Strom received a bachelor's degree in
Management from Georgia Institute of Technology.
In connection with his election as EVP Building Materials Distribution, on
January 14, 2021, the Compensation Committee of the Board approved Mr. Strom's
annual base salary of $430,000 and an annual short-term incentive target of 80%
of annual base salary, with an effective date of March 12, 2021. Mr. Strom will
enter into a new severance agreement, effective March 12, 2021, a form of which
is filed as Exhibit 10.1 to the Company's Current Report on Form 8-K, filed
August 30, 2016.
Item 9.01 Financial Statements and Exhibits.
(d) Exhibits
The following exhibits are furnished as part of this Current Report on Form 8-K:
Exhibit No. Description of Exhibit
99.1 Press Release, dated J anuary 15 , 2021 issued by the Company.
101 Cover Page Interactive Data File - the cover page XBRL tags are embedded within
the Inline XBRL document.
104 The cover page from this Current Report on Form 8-K, formatted as Inline XBRL.
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