Frank Miller Lumber Announces New CEO, CFO

Internal Changes Will Help Position Company for Continued Growth

UNION CITY, Ind., December 8, 2015 — Frank Miller Lumber, the premier provider of quartersawn red oak, white oak and other hardwoods, has named Steven P. James as president and chief executive officer, and JoEllen Johnston as chief financial officer.

In his previous role as chief financial officer at Frank Miller Lumber, a position he held for more than three years, James was responsible for managing the financial planning and analysis for the company, as well as overseeing the company’s risk management and overall business performance. Johnston assumes these responsibilities as the new chief financial officer.

As president and CEO, James will oversee the organization’s business direction and strategy and will lead various initiatives to help expand the international growth of the fourth-generation, family-owned lumber company, one of the largest quartersawn sawmills in the United States.

“Steve is a proven leader at Frank Miller Lumber, and we’re pleased to see him move into a larger and more comprehensive role,” said Martha Miller Mathias. “His extensive knowledge of operational and financial management will continue to expand our existing assets and assist us in developing new business strategies.”

In 2012, James came to Frank Miller Lumber from DMAX-Ltd, a manufacturer of diesel engines and division of General Motors, where he spent approximately three years as CFO, overseeing the financial activities of the business. During this time, he oversaw accounts receivable, accounts payable, internal controls, payroll, fixed assets, budgets and forecasts for the DMAX joint venture between GM and Isuzu. In years prior, James held positions ranging from controller/finance team leader to lead financial analyst. James earned his Master of Science in manufacturing management from Kettering University and his Bachelor of Business Administration in accounting from the University of Michigan.

After owning her own business and working for 13 years as an accounting manager for an auto wiring harness supplier, Johnston joined Frank Miller Lumber in 2000 as controller, where her duties included the preparation of monthly financial statements, accounts receivable, accounts payable, payroll preparation, banking reporting and risk management. Johnston graduated magna cum laude from Ball State University with a Bachelor of Science degree in accounting.

Commenting on the new appointments, Mr. James said, “JoEllen and I are honored to be leading Frank Miller Lumber at such an important time in its history. We look forward to building on the strong foundation that has been established and to position the company for continued growth and success.”

About Frank Miller Lumber (www.frankmiller.com)
Frank Miller Lumber assists architects and designers realize the elegance and durability of quartersawn hardwoods in the most distinctive architectural endeavors. Established in 1903 and located in Union City, Indiana, Frank Miller Lumber produces exceptionally fine quartersawn and plainsawn hardwoods for manufacturers of fine furniture, cabinets, architectural millwork and flooring. Frank Miller Lumber’s quartersawn products are used in high-end commercial and residential construction around the globe.