Michael Mordell Appointed Executive Vice President of International Operations at UFPI
In his new role, Mordell will be responsible for sales, production, distribution and other endeavors related to the Company’s business and operations outside of the U.S., and, ultimately, for growing sales and profitability in the international arena. Mordell is a 23-year veteran of UFPI, and currently leads the Company’s purchasing affiliate.
“Expanding internationally has been among our stated strategies, as we seek to constantly attain new levels of sales and profitability,” said UFPI CEO
Mordell joined Universal in 1993 as a lumber buyer, and has held leadership positions in purchasing as well as in operations. In 2009, he was named executive vice president of purchasing, the position he currently holds. He will begin his new role on
“I am honored by the opportunity to develop a new division that contributes greatly to the sales and profitability growth of
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
Lynn Afendoulis Director, Corporate Communications (616) 365-1502