West Fraser announced that Ted Seraphim's plan to retire as Chief Executive Officer at the end of the second quarter of 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 Chief Executive Officer upon Ted's retirement next year.

Ray Ferris has been with the Company 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.