Boise Cascade Appoints Jeff Strom as New CEO
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Dec 04 2025
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Boise Cascade announced that Nate Jorgensen, Chief Executive Officer, plans to retire effective March 2, 2026. The board of directors has unanimously appointed Jeff Strom, Chief Operating Officer, to succeed Jorgensen effective March 3, 2026. Jorgensen will continue to serve as a director on the Company's board after his retirement. The Company does not plan to backfill the chief operating officer role after the transition. "This is a planned transition and part of the Company's deliberate and long-term succession planning process to ensure stability and continued momentum in our strategy and operations," said Tom Carlile, Chair of Boise Cascade's board. "On behalf of the entire board of directors, I extend our gratitude to Nate Jorgensen for his outstanding leadership. Nate has led with steadfast integrity and remarkable vision for the last six years, guiding the Company through a global pandemic and tremendous growth. The positive impact of his leadership will extend far beyond his tenure as CEO."
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Analyst Views on BCC
Wall Street analysts forecast BCC stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for BCC is 92.00 USD with a low forecast of 81.00 USD and a high forecast of 100.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
5 Analyst Rating
3 Buy
1 Hold
1 Sell
Moderate Buy
Current: 80.300
Low
81.00
Averages
92.00
High
100.00
Current: 80.300
Low
81.00
Averages
92.00
High
100.00
About BCC
Boise Cascade Company is a producer of engineered wood products (EWP) and plywood in North America and a wholesale distributor of building products in the United States. Its segments include Wood Products and Building Materials Distribution. The Wood Products segment manufactures laminated veneer lumber (LVL), I-joists, and laminated beams. In addition, it manufactures structural, appearance, and industrial plywood panels, and ponderosa pine lumber. The Building Materials Distribution segment operates a network of distribution facilities that sell a broad line of building materials, including oriented strand board (OSB), plywood, and lumber, and general line items, such as siding, composite decking, doors and millwork, metal products, roofing, and insulation. Its products are used in the construction of new residential housing, including single-family, multi-family, and manufactured homes, the construction of light industrial and commercial buildings, and industrial applications.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
Boise Cascade Appoints Two Executives, Effective January 19, 2026
- Executive Promotions: Boise Cascade announces the appointment of Dennis Fringuelli as Vice President of Sales and Marketing for the Building Materials Distribution division and Jeff Dracup as Vice President for Engineered Wood Products, both effective January 19, 2026, highlighting the company's commitment to internal talent development.
- Career Progression: Dennis entered the building materials industry in 1994 and joined Boise Cascade in 1999, serving in various key roles before his promotion from Director of BMD Sales and Marketing, showcasing his growth and contributions within the company.
- Leadership Recognition: Jeff has held multiple sales and marketing positions since joining the company in 2004, culminating in his role as Sales Manager for the EWP division, reflecting the company's trust in his ability to drive sales growth.
- Strategic Focus: CEO Nate Jorgensen emphasized that these promotions result from a thoughtful succession planning process, indicating Boise Cascade's strategic emphasis on leadership development and long-term success.
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- Affected Companies: Companies such as Alight (ALIT), Alaska Air Group (ALK), and Apogee Enterprises (APOG) have all received an 'F' grade, highlighting severe challenges to their earnings outlook.
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