LP Chair and CEO Brad Southern appointed to Federal Reserve Bank of Atlanta's board
January 8, 2024
LP Building Solutions (LP) announced the appointment of LP Chair and CEO Brad Southern to the Federal Reserve Bank of Atlanta's Board of Directors for its Nashville Branch.
The Federal Reserve Board of Governors appointed Southern to a three-year term that began January 1, 2024. As a Nashville Branch director, Southern will furnish economic insights from the manufacturing and homebuilding sectors that will aid the district bank's president and head office directors in formulating monetary policy and discount rate recommendations.
Southern, who has more than 40 years of manufacturing and forest products experience, will celebrate his seventh year as LP's CEO in July. He serves on the boards of directors of the National Association of Manufacturers and the Forest Products Association of Canada and holds a Master of Science in forest resources from the University of Georgia.
The Federal Reserve Bank of Atlanta, one of 12 regional Reserve Banks, collaborates with the Board of Governors in Washington, D.C. to constitute the Federal Reserve System--the nation's central bank. Established in 1913, its primary role is to foster a sound financial system and healthy economy.