Fiscal year 2025 executive and director compensation, incentive-plan design, equity activity, and governance — every figure in this brief is traceable to its exact location in the company’s SEC filing — the document, the section, the page, and the table, linked directly.
Each company listed discloses BCC in its own benchmarking peer group, as disclosed in each company's most recent proxy statement within the last two proxy seasons. Two companies are therefore absent by design: one that named BCC in an earlier year and no longer does, and one whose own most recent disclosure is older than the last two seasons.
| Named executive officer | Salary | Bonus | Stock awards | Option awards | Non-equity incentive | Pension / NQDC | All other | Total |
|---|---|---|---|---|---|---|---|---|
| Nate Jorgensen | $1,104,846 | $0 | $5,249,964 | $0 | $689,424 | $26,891 | $165,153 | $7,236,278 |
| Chief Executive Officer & Director | ||||||||
| Jeff Strom | 647,500 | 0 | 1,499,960 | 0 | 336,522 | 19,840 | 81,325 | 2,585,147 |
| Chief Operating Officer | ||||||||
| Kelly Hibbs | 602,654 | 0 | 1,050,076 | 0 | 250,704 | 24,161 | 74,488 | 2,002,083 |
| SVP, Chief Financial Officer, and Treasurer | ||||||||
| Joanna Barney | 515,346 | 0 | 1,050,076 | 0 | 254,897 | 9,702 | 52,337 | 1,882,358 |
| EVP, Building Materials Distribution | ||||||||
| Troy Little | 564,423 | 0 | 1,050,076 | 0 | 58,700 | 17,067 | 66,142 | 1,756,408 |
| EVP, Wood Products | ||||||||
A dash means the company reported no figure in that column; 0 means it reported zero. Figures are as printed in the filing, without adjustment.
| Named executive officer | FY2025 total | FY2024 total | FY2023 total | Δ FY2024→2025 |
|---|---|---|---|---|
| Nate Jorgensen | $7,236,278 | $7,509,149 | $7,676,740 | −272,871 |
| Jeff Strom | 2,585,147 | 2,155,836 | 2,393,024 | +429,311 |
| Kelly Hibbs | 2,002,083 | 2,128,157 | 2,481,524 | −126,074 |
| Joanna Barney | 1,882,358 | — | — | — |
| Troy Little | 1,756,408 | 1,929,196 | — | −172,788 |
Prior-year totals as disclosed in the corresponding proxy; deltas are computed values with the derivation shown in the register.
No insider equity transactions reported since the proxy statement.
| Executive | Award | Grant date | Threshold | Target | Granted | Maximum | Grant-date fair value |
|---|---|---|---|---|---|---|---|
| Joanna Barney | RSU | 2025-03-01 | — | — | 5,065 | — | — |
| Joanna Barney | PSU | 2025-03-01 | 2,533 | 5,065 | — | 10,130 | 525,038 |
| Kelly Hibbs | PSU | 2025-03-01 | 2,533 | 5,065 | — | 10,130 | 525,038 |
| Kelly Hibbs | RSU | 2025-03-01 | — | — | 5,065 | — | — |
| Nate Jorgensen | PSU | 2025-03-01 | 12,662 | 25,323 | — | 50,646 | 2,624,982 |
| Nate Jorgensen | RSU | 2025-03-01 | — | — | 25,323 | — | — |
| Troy Little | RSU | 2025-03-01 | — | — | 5,065 | — | — |
| Troy Little | PSU | 2025-03-01 | 2,533 | 5,065 | — | 10,130 | 525,038 |
| Jeff Strom | PSU | 2025-03-01 | 3,618 | 7,235 | — | 14,470 | 749,980 |
| Jeff Strom | RSU | 2025-03-01 | — | — | 7,235 | — | — |
| Named executive officer | Time-vested (RSU) | Performance-vested (PSU) | Options / SARs | % performance-vested |
|---|---|---|---|---|
| Joanna Barney | $0 | $525,038 | $0 | 100.0% |
| Kelly Hibbs | 0 | 525,038 | 0 | 100.0% |
| Nate Jorgensen | 0 | 2,624,982 | 0 | 100.0% |
| Troy Little | 0 | 525,038 | 0 | 100.0% |
| Jeff Strom | 0 | 749,980 | 0 | 100.0% |
% performance-vested = PSU grant-date fair value ÷ (RSU + PSU + Options), a computed value with the derivation shown in the register.
| Executive | Award | Shares unvested | Exercise price | Market value unvested |
|---|---|---|---|---|
| Nate Jorgensen | RSU | 53,368 | — | $3,927,885 |
| Nate Jorgensen | PSU | 33,680 | — | 2,478,848 |
| Nate Jorgensen | RSU | 25,323 | — | 1,863,773 |
| Nate Jorgensen | PSU | 20,503 | — | 1,509,021 |
| Jeff Strom | RSU | 12,692 | — | 934,131 |
| Kelly Hibbs | RSU | 12,692 | — | 934,131 |
| Nate Jorgensen | RSU | 12,096 | — | 890,266 |
| Jeff Strom | PSU | 9,623 | — | 708,253 |
| Nate Jorgensen | RSU | 8,894 | — | 654,598 |
| Jeff Strom | RSU | 7,235 | — | 532,496 |
| Kelly Hibbs | PSU | 6,736 | — | 495,770 |
| Joanna Barney | PSU | 6,736 | — | 495,770 |
| Troy Little | PSU | 6,736 | — | 495,770 |
| Kelly Hibbs | RSU | 5,065 | — | 372,784 |
| Joanna Barney | RSU | 5,065 | — | 372,784 |
| Troy Little | RSU | 5,065 | — | 372,784 |
| Joanna Barney | RSU | 4,472 | — | 329,139 |
| Troy Little | RSU | 4,472 | — | 329,139 |
| Jeff Strom | PSU | 4,101 | — | 301,834 |
| Kelly Hibbs | PSU | 4,101 | — | 301,834 |
| Troy Little | PSU | 4,101 | — | 301,834 |
| Jeff Strom | RSU | 2,419 | — | 178,038 |
| Kelly Hibbs | RSU | 2,419 | — | 178,038 |
| Troy Little | RSU | 2,419 | — | 178,038 |
| Joanna Barney | PSU | 2,255 | — | 165,968 |
| Jeff Strom | RSU | 2,115 | — | 155,664 |
| Kelly Hibbs | RSU | 2,115 | — | 155,664 |
| Joanna Barney | RSU | 1,330 | — | 97,888 |
| Joanna Barney | RSU | 745 | — | 54,832 |
| Troy Little | RSU | 745 | — | 54,832 |
The Company targets total compensation at the 50th percentile of comparable market data, with adjustments for individual performance and responsibilities. A significant portion of total compensation is at-risk, performance-based pay designed to motivate executives to achieve strategic objectives and increase long-term shareholder value.
| CEO STI target (% of salary) | — |
|---|---|
| CEO LTI target (% of salary) | — |
| Independent consultant | Frederic W. Cook & Co., Inc. (FW Cook) |
| Clawback policy | true |
| Anti-hedging | true |
| Anti-pledging | true |
| Meeting year | Meeting date | For | Against | Abstain | Support | Outcome |
|---|---|---|---|---|---|---|
| 2026 | 2026-04-30 | 30,375,119 | 891,993 | 32,344 | 97.15% | Passed |
| 2025 | 2025-05-01 | 32,679,464 | 1,149,635 | 43,050 | 96.6% | Passed |
| 2024 | 2024-05-02 | 33,871,206 | 1,611,743 | 68,093 | 95.46% | Passed |
| 2023 | 2023-05-04 | 33,421,071 | 2,076,468 | 83,091 | 94.15% | Passed |
| 2022 | 2022-05-05 | 33,600,509 | 945,065 | 39,648 | 97.26% | Passed |
| 2021 | 2021-05-06 | 34,143,550 | 562,123 | 61,365 | 98.38% | Passed |
Rows are labeled by annual-meeting year, with the meeting date beside each; the vote held in a given year acts on the prior fiscal year's compensation.
| Meeting year | Meeting date | Approval — company's computation |
|---|---|---|
| 2026 | 2026-04-30 | 97.15%a |
| 2025 | 2025-05-01 | 96.6%b |
| 2024 | 2024-05-02 | 95.46%c |
a. Voting standard not stated in the filing.
b. Voting standard not stated in the filing.
c. Voting standard not stated in the filing.
Approval percentages are the company's own reported computations under its own stated standard, not recomputed by Velarion. Where a company does not state a standard, none is assumed.
| Annual cash retainer | $100,000 |
|---|---|
| Annual equity retainer | $150,000 |
| Per board meeting fee | — |
| Committee chair fees (audit / comp / nom-gov) | 25,000 / 25,000 / 15,000 |
| Stock ownership guideline | Robust stock ownership guidelines: |
The compensation peer group as the company disclosed it in its own proxy — the reference set behind the percentile above.
Of the companies Boise Cascade names as compensation peers, which name it back in their own disclosed peer groups. A peer set the market reciprocates reads differently from one selected in a single direction.
Reciprocity shown where the peer's own current proxy has been read — each mark is cited in the register to that peer's filing. A dash means the peer's current proxy was read and names no reciprocal group including Boise Cascade.
Most recent fiscal-year chief executive compensation at each disclosed peer, taken from that company's own proxy statement.
| Rank | Company | FY | Chief executive | Salary | Stock awards | Option awards | Non-equity incentive | Total |
|---|---|---|---|---|---|---|---|---|
| 1 | Louisiana Pacific Corporation | 2025 | W. Bradley Southern | $1,196,154 | $9,850,253 | $0 | $2,173,021 | $13,523,822 |
| 2 | Eagle Materials Inc. | 2026 | Michael Haack | 1,119,456 | 5,457,270 | 1,657,834 | 1,948,987 | 10,302,728 |
| 3 | Armstrong World Industries | 2025 | Victor Grizzle | 1,000,000 | 5,599,532 | 0 | 1,584,000 | 8,537,000 |
| 4 | Builders FirstSource, Inc. | 2025 | Peter Jackson | 1,000,000 | 6,573,062 | 0 | 549,762 | 8,133,324 |
| 5 | Boise Cascade | 2025 | Nate Jorgensen | 1,104,846 | 5,249,964 | 0 | 689,424 | 7,236,278 |
| 6 | JELD-WEN Holding, Inc. | 2025 | William Christensen | 1,100,000 | 2,300,890 | 2,284,066 | 621,473 | 6,283,343 |
| 7 | A.O. Smith Corporation | 2025 | Stephen Shafer | 965,750 | 2,678,044 | 0 | 1,068,000 | 4,960,450 |
| 8 | American Woodmark Corporation | 2025 | M. Scott Culbreth | 957,577 | 3,208,446 | 0 | 696,350 | 4,886,047 |
| 9 | Gibraltar Industries Corporation | 2025 | William Bosway | 908,269 | 3,202,440 | 0 | 274,500 | 4,731,001 |
| — | Griffon Corporation | — | — | — | — | — | — | not in coverage universe |
| — | Quanex Building Products Corporation | — | — | — | — | — | — | not in coverage universe |
| — | Simpson Manufacturing Company, Inc. | — | — | — | — | — | — | not in coverage universe |
| — | UFP Industries, Inc. | — | — | — | — | — | — | not in coverage universe |
Each peer's compensation is from its most recently filed proxy; fiscal years differ by company. Each peer's figures come from its own filings; the subject company is highlighted. Peers whose chief executive compensation is outside our coverage universe are stated as such, never left blank.
| Company | Annual incentive payout | Long-term vehicle mix | PSU measures include TSR | Compensation consultant |
|---|---|---|---|---|
| Boise Cascade | not disclosed | RSU 50 · PSU 50 | not disclosed | Frederic W. Cook & Co., Inc. (FW Cook) |
| A.O. Smith Corporation | 98.3% | RSU 50 · Cash LTI 35 · PSU 15 | No | Willis Towers Watson (WTW) |
| American Woodmark Corporation | 60.75% | RSU 50 · PSU 50 | No | Meridian Compensation Partners |
| Armstrong World Industries | not disclosed | RSU 50 · PRSU 50 | not disclosed | Aon |
| Builders FirstSource, Inc. | 36.7% | PSU 50 · RSU 50 | No | Meridian Compensation Partners, LLC |
| Eagle Materials Inc. | not disclosed | Options 50 · PSU 25 · RSU 25 | Yes — Average Absolute Total Stockholder Return (Avg. A-TSR) | Meridian Compensation Partners |
| Gibraltar Industries Corporation | 25% | PSU 64 · RSU 36 | No | WTW |
| Griffon Corporation | not disclosed | not disclosed | not disclosed | not disclosed |
| JELD-WEN Holding, Inc. | 42% | PSU 50 · RSU 25 · Options 25 | No | Pay Governance |
| Louisiana Pacific Corporation | 135% | PSU 60 · RSU 40 | No | FW Cook |
| Quanex Building Products Corporation | not disclosed | not disclosed | not disclosed | not disclosed |
| Simpson Manufacturing Company, Inc. | not disclosed | not disclosed | not disclosed | not disclosed |
| UFP Industries, Inc. | not disclosed | not disclosed | not disclosed | not disclosed |
Read from each company's Compensation Discussion and Analysis: annual incentive payout as a percentage of target, the disclosed long-term vehicle mix, whether performance-share measures include a total shareholder return component, and the retained compensation consultant. “Not disclosed” appears only where the company's filing does not state the item.
Each figure's location is given both for the eye (section · page · table · row · column) and for a script (table/row/column index and exact character span in the filed document). Any figure can be independently confirmed against the source.
| # | Supports | Document | Filed | Accession | Location in document |
|---|---|---|---|---|---|
| 1 | Section 01, Nate Jorgensen | DEF 14A | 2026-03-17 | 0001104659-26-029440 | Section “2025 Summary Compensation Table”. As printed: 7,236,278. Filing ↗machine: r1 · c42 · span 1228550–1228559 |
| 2 | Section 01, Jeff Strom | DEF 14A | 2026-03-17 | 0001104659-26-029440 | Section “2025 Summary Compensation Table”. As printed: 2,585,147. Filing ↗machine: r4 · c42 · span 1245315–1245324 |
| 3 | Section 01, Kelly Hibbs | DEF 14A | 2026-03-17 | 0001104659-26-029440 | Section “2025 Summary Compensation Table”. As printed: 2,002,083. Filing ↗machine: r7 · c42 · span 1262012–1262021 |
| 4 | Section 01, Joanna Barney | DEF 14A | 2026-03-17 | 0001104659-26-029440 | Section “2025 Summary Compensation Table”. As printed: 1,882,358. Filing ↗machine: r10 · c42 · span 1278339–1278348 |
| 5 | Section 01, Troy Little | DEF 14A | 2026-03-17 | 0001104659-26-029440 | Section “2025 Summary Compensation Table”. As printed: 1,756,408. Filing ↗machine: r11 · c42 · span 1284372–1284381 |
| 6 | Section 03, Joanna Barney RSU | DEF 14A | 2026-03-17 | 0001104659-26-029440 | Section “2025 Grants of Plan-Based Awards” · grants of plan-based awards table. Filing ↗machine: span 1437359–1437364 |
| 7 | Section 03, Joanna Barney PSU | DEF 14A | 2026-03-17 | 0001104659-26-029440 | Section “2025 Grants of Plan-Based Awards” · grants of plan-based awards table. Filing ↗ |
| 8 | Section 03, Kelly Hibbs PSU | DEF 14A | 2026-03-17 | 0001104659-26-029440 | Section “2025 Grants of Plan-Based Awards” · grants of plan-based awards table. Filing ↗machine: span 1417009–1417016 |
| 9 | Section 03, Kelly Hibbs RSU | DEF 14A | 2026-03-17 | 0001104659-26-029440 | Section “2025 Grants of Plan-Based Awards” · grants of plan-based awards table. Filing ↗machine: span 1423403–1423408 |
| 10 | Section 03, Nate Jorgensen PSU | DEF 14A | 2026-03-17 | 0001104659-26-029440 | Section “2025 Grants of Plan-Based Awards” · grants of plan-based awards table. Filing ↗machine: span 1372238–1372247 |
| 11 | Section 03, Nate Jorgensen RSU | DEF 14A | 2026-03-17 | 0001104659-26-029440 | Section “2025 Grants of Plan-Based Awards” · grants of plan-based awards table. Filing ↗machine: span 1378634–1378640 |
| 12 | Section 03, Troy Little RSU | DEF 14A | 2026-03-17 | 0001104659-26-029440 | Section “2025 Grants of Plan-Based Awards” · grants of plan-based awards table. Filing ↗machine: span 1445867–1445872 |
| 13 | Section 03, Troy Little PSU | DEF 14A | 2026-03-17 | 0001104659-26-029440 | Section “2025 Grants of Plan-Based Awards” · grants of plan-based awards table. Filing ↗ |
| 14 | Section 03, Jeff Strom PSU | DEF 14A | 2026-03-17 | 0001104659-26-029440 | Section “2025 Grants of Plan-Based Awards” · grants of plan-based awards table. Filing ↗machine: span 1394495–1394502 |
| 15 | Section 03, Jeff Strom RSU | DEF 14A | 2026-03-17 | 0001104659-26-029440 | Section “2025 Grants of Plan-Based Awards” · grants of plan-based awards table. Filing ↗machine: span 1400864–1400869 |
| 16 | Section 06, 2026 vote | Form 8-K | 2026-05-04 | 0001328581-26-000015 | Item 5.07 · say-on-pay result. As reported: 97.15% (votes for as printed: 30,375,119). Filing ↗ |
| 17 | Section 06, 2025 vote | Form 8-K | 2025-05-05 | 0001328581-25-000057 | Item 5.07 · say-on-pay result. As reported: 96.6% (votes for as printed: 32,679,464). Filing ↗ |
| 18 | Section 06, 2024 vote | Form 8-K | 2024-05-06 | 0001328581-24-000064 | Item 5.07 · say-on-pay result. As reported: 95.46% (votes for as printed: 33,871,206). Filing ↗ |
| 19 | Section 01 trend, Δ column (computed) | Computed | — | computed | Δ = current-FY total − prior-FY total per named officer.machine: formula: Δ = FY(n) − FY(n−1) |
| 20 | Section 03b vehicle mix (computed) | Computed | — | computed | RSU / PSU / Options grant-date fair values summed per officer from the grants table; % performance-vested = PSU ÷ (RSU+PSU+Options).machine: formula: sums + PSU ratio |
| 21 | Louisiana Pacific Corporation, Section 10b CEO total | DEF 14A | 2026-03-20 | 0001104659-26-032457 | CEO total compensation as printed in Louisiana Pacific Corporation's own proxy. As printed: 13,523,822. Filing ↗machine: r11 · c41 · span 1289694–1289704 |
| 22 | Eagle Materials Inc., Section 10b CEO total | DEF 14A | 2026-06-15 | 0001193125-26-271073 | CEO total compensation as printed in Eagle Materials Inc.'s own proxy. As printed: 10,302,728. Filing ↗machine: t143 · r4 · c26 · span 1818301–1818311 |
| 23 | Armstrong World Industries, Section 10b CEO total | DEF 14A | 2026-04-30 | 0001193125-26-193741 | CEO total compensation as printed in Armstrong World Industries's own proxy. As printed: 8,537,000. Filing ↗machine: r2 · c31 · span 849008–849017 |
| 24 | Builders FirstSource, Inc., Section 10b CEO total | DEF 14A | 2026-04-02 | 0001193125-26-140509 | CEO total compensation as printed in Builders FirstSource, Inc.'s own proxy. As printed: 8,133,324. Filing ↗machine: span 2406984–2406993 |
| 25 | Boise Cascade (subject), Section 10b CEO total | DEF 14A | 2026-03-17 | 0001104659-26-029440 | CEO total compensation as printed in Boise Cascade's own proxy. As printed: 7,236,278. Filing ↗machine: r1 · c42 · span 1228550–1228559 |
| 26 | JELD-WEN Holding, Inc., Section 10b CEO total | DEF 14A | 2026-03-12 | 0001674335-26-000050 | CEO total compensation as printed in JELD-WEN Holding, Inc.'s own proxy. As printed: 6,283,343. Filing ↗machine: r4 · c10 · span 2108366–2108376 |
| 27 | A.O. Smith Corporation, Section 10b CEO total | DEF 14A | 2026-03-04 | 0001193125-26-089938 | CEO total compensation as printed in A.O. Smith Corporation's own proxy. As printed: 4,960,450. Filing ↗machine: t139 · r3 · c44 · span 652859–652868 |
| 28 | American Woodmark Corporation, Section 10b CEO total | DEF 14A | 2025-06-25 | 0000794619-25-000063 | CEO total compensation as printed in American Woodmark Corporation's own proxy. As printed: 4,886,047. Filing ↗machine: span 397216–397225 |
| 29 | Gibraltar Industries Corporation, Section 10b CEO total | DEF 14A | 2026-04-06 | 0000912562-26-000083 | CEO total compensation as printed in Gibraltar Industries Corporation's own proxy. As printed: 4,731,001. Filing ↗machine: t256 · r4 · c11 · span 854722–854731 |
| 30 | Section 10a, Builders FirstSource, Inc. reciprocity | DEF 14A | — | 0001193125-26-140509 | Builders FirstSource, Inc.'s most recent proxy was read; its disclosed peer group does not include Boise Cascade. Filing ↗ |
| 31 | Section 10a, Louisiana Pacific Corporation reciprocity | DEF 14A | — | 0001104659-26-032457 | Louisiana Pacific Corporation names Boise Cascade in its own disclosed peer group (read from its most recent proxy). Filing ↗ |
| 32 | Section 10a, American Woodmark Corporation reciprocity | DEF 14A | — | 0000794619-25-000063 | American Woodmark Corporation's most recent proxy was read; its disclosed peer group does not include Boise Cascade. Filing ↗ |
| 33 | Section 10a, JELD-WEN Holding, Inc. reciprocity | DEF 14A | — | 0001674335-26-000050 | JELD-WEN Holding, Inc.'s most recent proxy was read; its disclosed peer group does not include Boise Cascade. Filing ↗ |
| 34 | Section 10a, Gibraltar Industries Corporation reciprocity | DEF 14A | — | 0000912562-26-000083 | Gibraltar Industries Corporation's most recent proxy was read; its disclosed peer group does not include Boise Cascade. Filing ↗ |
| 35 | Section 10a, Eagle Materials Inc. reciprocity | DEF 14A | — | 0001193125-26-271073 | Eagle Materials Inc.'s most recent proxy was read; its disclosed peer group does not include Boise Cascade. Filing ↗ |
| 36 | Section 10a, Armstrong World Industries reciprocity | DEF 14A | — | 0001193125-26-193741 | Armstrong World Industries's most recent proxy was read; its disclosed peer group does not include Boise Cascade. Filing ↗ |