Change is Coming for Gordon Lumber

July 13th, 2015 by Editor

Gordon Lumber announced changes to its board of directors and a new staff addition during its recent shareholders’ meeting, which was held the same day as a meeting of the company’s board of directors.

First, the company will have a new board of directors (now comprised of five members) led by Pamela Goetsch, who is a descendant of company founder Washington Gordon. Joining her are returning members Jeff Dornbusch and Mark Hablitzel, and new members Jennie Gwilym and Betsy Snow.

“Our board is committed to the company’s long-term strategic plan and associated initiatives to support the continued growth and profitability of Gordon Lumber,” says Goetsch. “We are re-aligning our composition, focus and expertise to support the management team and employees to create an even more profitable operation that brings more value to shareholders.

According to company president Erin Leonard, the new board will bring revitalized energy to the privately held company as it aggressively moves forward with dedicated plans for growth in the coming years.

“So far in 2015, Gordon Lumber is highly profitable and on track for a very successful financial year,” says Leonard. “Our entire team is highly disciplined and focused on revitalizing our company. Every employee is dedicated to making changes that result in the growth of Gordon Lumber, meeting the needs of our valued customers and being sharply competitive in our industry.”

Leonard says that the company plans to refine its Ohio property holdings. The company plans to sell its existing Oak Harbor, Ohio, facility following a relocation of the component plant operations there to Findlay, Ohio. Additionally, the company is selling its Fremont office space since it “no longer supports its growth initiative,” a company statement reads.

Also announced was the company’s newest addition, Rhonda Taylor, CPA, who is the new vice president of finance and controller. Taylor brings with her almost 20 years of accounting experience and most recently served as controller at Fostoria Ethanol.

“Rhonda’s expertise in financial analysis, cost accounting, financial reporting and audit management will be exceptionally valuable to us as we move forward in our efforts to grow Gordon Lumber,” says Leonard.

Gordon Lumber operates six lumberyards and a component plant in northwest Ohio. The company was founded in 1868 and employs approximately 100 people. Annual sales for the company are roughly $40 million, according to a company statement.

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