MONDAY, AUGUST 15, 2016, GRAND RAPIDS, MICH. – Michael Mordell, a senior executive of Universal Forest Products, Inc. (Nasdaq: UFPI), has been appointed to the position of Executive Vice President of International Operations to lead the Company’s new international division, UFP Global Holdings, Ltd., based in the United Kingdom.
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.
“For years, Mike has provided us with invaluable legal and strategic counsel that has contributed to our success,” said UFPI Chairman William G. Currie. “Having him on our board enhances his ability to influence the direction and success of the companies of Universal. We are fortunate and pleased to add Mike to our board, and we know that the company will be well-served by Mike and the experience and knowledge he brings.”
“Expanding internationally has been among our stated strategies, as we seek to constantly attain new levels of sales and profitability,” said UFPI CEO Matthew J. Missad. “I have great confidence we’ll achieve that with Mike at the helm of the international division. He is a bold and creative leader who has had years of experience and success in our industries and at our company.”
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 Oct. 1, 2016.
“I am honored by the opportunity to develop a new division that contributes greatly to the sales and profitability growth of Universal Forest Products, Inc.,” Mike said. “I look forward to building the UFP Global organization and team, and to developing and successfully implementing strategies for growth with them. This is an exciting venture and a great time to be at Universal Forest Products as we seek new avenues to build on our success.”