Roseburg has announced that Grady Mulbery will retire from his position as President and Chief Executive Officer, effective Sept. 30, 2023. As part of this planned leadership succession, Roseburg’s board of directors unanimously elected Chief Operating Officer Stuart Gray to succeed Mulbery as president and CEO, effective Oct. 1, 2023.
Mulbery will remain on Roseburg’s board of directors through the end of 2023 and serve as an executive advisor through 2024.
“It has been an honor and a privilege to serve Roseburg and I look forward to life’s next chapters,” Mulbery said. “I am very grateful for the many opportunities and experiences I’ve had here. I am extremely proud of our leadership team and our team members, and their unwavering commitment to safety, each other, and our customers.”
During 12 years of service to the company, Mulbery held increasingly senior roles, first as vice president of composites, then as vice president of operations, and since 2016, as president and CEO. During his time as CEO, Mulbery presided over a period of exceptional growth for Roseburg, including expansion of the company’s timberland holdings into the southeastern United States and addition of manufacturing operations on the East Coast and into Canada. Mulbery led the company’s entry into medium density fiberboard manufacturing, and oversaw the construction of new engineered wood product and lumber manufacturing facilities in North and South Carolina.
“During Grady’s tenure, Roseburg has grown considerably and established a stronger and more diversified portfolio in the timber and wood products industry,” Roseburg’s owner and chairman of the board Allyn Ford said. “His deep industry experience and focused leadership during his time as CEO have earned him the utmost respect of Roseburg’s team members, customers, board of directors, and owners, as well as key constituents throughout the wood products industry.
“With the company well positioned for continued success, we believe now is the time to begin the transition to the next generation of leadership,” Ford said. “At the conclusion of a multi-year development and succession process, we are confident in Stuart’s leadership, commitment to our culture and team members, and demonstrated ability to drive continued growth.”
With deep roots in the construction and building supply industry, Gray joined Roseburg in 2017 as senior vice president and general counsel, overseeing the company’s strategic business development, legal, compliance, and environmental teams. In January 2022, Gray was appointed chief operating officer and assumed responsibility for the company’s manufacturing business. Gray earned his law degree from Emory University School of Law and an MBA from the Massachusetts Institute of Technology Sloan School of Management.