West Fraser announced Ted Seraphim’s plan to retire as CEO at the end of the 2Q 2019. West Fraser also announced the appointment of Ray Ferris, Executive Vice-President and Chief Operating Officer, as President and Chief Operating Officer effective immediately. Ray will be appointed CEO upon Ted’s retirement next year.
Ray Ferris has been with West Fraser since 1997 and has progressed through a series of key leadership roles. He was appointed West Fraser’s Executive Vice-President and COO in 2016 and before that served in several executive positions including as Vice-President, Wood Products, Vice-President, Solid Wood and Vice-President, Lumber Operations.
West Fraser is a diversified wood products company producing lumber, LVL, MDF, plywood, pulp, newsprint, wood chips and energy with facilities in western Canada and the southern United States.