Governance

Matthew J. Missad became Chairman of the Board of Directors of UFP Industries, Inc., on February 2, 2023, and Executive Chaiman of the Board on December 29, 2024. He became the fifth Chief Executive Officer in our company’s history on July 13, 2011, and President of our company on January 1, 2023, positions he held until his appointment as Executive Chairman. From 1996 to 2011, he was Executive Vice President, General Counsel, and Secretary, in addition to serving on the boards of subsidiary entities, including international partnerships. He has been a director of UFP Industries since 2011.

William (Will) D. Schwartz, Jr., was appointed President and Chief Executive Officer of UFP Industries, Inc., on December 29, 2024. Before assuming his current position, Mr. Schwartz served as President of UFP Retail Solutions, our company’s largest business segment. Mr. Schwartz joined our company in 1998 and has held positions of increasing responsibility across the organization. Mr. Schwartz served as an operations vice president in 2014, executive vice president of purchasing in 2020, and executive vice president of operations services in 2022, in addition to other leadership positions in sales management and operations during his tenure with our company. He has been a director of UFP Industries since 2025.

Joan A. Budden retired from Priority Health, based in Grand Rapids, MI, on December 31, 2020. She had served as its President and CEO since January 2016. Prior to that, she served as chief marketing officer for Priority Health when she joined the company in 2009. Ms. Budden serves on the board of Independent Bank Corporation and a number of community and business organizations.  Ms. Budden has been a director of UFP Industries since 2019, and serves on its Nominating and Corporate Governance Committee and its Personnel and Compensation Committee.

Benjamin J. McLean has been Chief Executive Officer of Ruan Transportation Management Systems, one of the largest privately-held logistics firms in the United States, since 2015.  Since joining Ruan in 2007, Mr. McLean has also served as Ruan’s chief operating officer and chief information officer.  Prior to joining Ruan, Mr. McLean assisted companies with mergers, acquisitions and private equity offerings at William Blair & Company in Chicago, IL, and delivered technology consulting services as part of Deloitte Consulting’s Chicago office.  Mr. McLean serves as a board member for the American Transportation Research Institute, is a member of the Northwestern University Transportation Center Business Advisory Committee and is a member of the Iowa Business Council .  Mr. McLean has been a director for UFP Industries since January 2020 and serves on its Audit Committee and Nominating and Corporate Governance Committee.

Mary E. Tuuk Kuras is CEO of MTK Practical Leadership, offering a common sense approach to strengthening skills for executive leadership. On December 21, 2022 Mr. Tuuk Kuras retired as President and CEO of the Grand Rapids Symphony in Grand Rapids, where she has served since January 2019. Prior to that time she served as chief compliance officer/senior vice president, properties and real estate for Meijer, Inc., a regional retail chain, a position to which she was appointed in March 2018, and as chief compliance officer of Meijer since July 2015. Prior to her tenure with Meijer, she was executive vice president of corporate services, and secretary of the board of directors for Fifth Third Bancorp of Cincinnati, OH. Ms. Tuuk Kuras’ previous positions with Fifth Third included executive vice president and chief compliance officer of Fifth Third Bancorp, and president of Fifth Third Bank (Western Michigan) where she had leadership responsibility for the growth and strategic direction of major lines of business. Ms. Tuuk Kuras was named one of the "25 Women to Watch in Banking" by the American Banker magazine each year from 2008 to 2014. She serves on the board of United Bank, a Michigan bank, and on the boards of a variety of civic and educational organizations. Ms. Tuuk Kuras has been a director for UFP Industries since 2014 and serves on its Audit Committee and Nominating and Corporate Governance Committee.

Brian C. Walker joined the private equity firm of Huron Capital in January 2019 and served as Partner-Strategic Leadership until January 2024. He retired as Director, President and Chief Executive Officer of Herman Miller, Inc. of Zeeland, MI in 2018, and previously served as its chief operating officer and chief financial officer. Mr. Walker is a Certified Public Accountant and serves as the lead director and chairs the Compensation Committee of Briggs & Stratton Corporation. He also serves on the boards of Cooper Tire and Rubber Co. and Gentex Corporation. He served on the board of the Federal Reserve Bank of Chicago-Detroit Branch from 2009 to 2012. Mr. Walker has been a director for UFP Industries since 2015 and chairs its Audit Committee and serves on its Personnel and Compensation Committee.

Michael G. Wooldridge serves as counsel with the law firm of Varnum LLP headquartered in Grand Rapids, MI. He joined Varnum in 1985, and from 1990 through 2024 was a partner in the firm's corporate practice team, focusing on corporate governance, securities, and mergers and acquisitions. Mr. Wooldridge has been included in The Best Lawyers in America since 2005. He also serves on the boards of several community organizations. Mr. Wooldridge joined the board of directors of UFP Industries in 2016, and chairs its Nominating and Corporate Governance Committee and serves on its Personnel and Compensation Committee.