Amy Humphreys, the former president and CEO of Bristol Bay Seafood Investments (BBSI), one of Alaska's largest whitefish suppliers, and past CEO of Alaska seafood processor Icicle Seafoods, has joined the board of one of the largest lumber companies in the United States.
Idaho-based Boise Cascade, which posted sales of $7.9 billion (€7.5 billion) in 2021, manufactures engineered wood products, lumber, plywood and particleboard and distributes a broad line of building materials.
Humphreys has a long career in seafood and currently sits on the boards of Massachusetts-based Blue Harvest Fisheries and US pollock giant American Seafoods.
Outside of seafood, she sits on the boards of FirstFruits, a packer of apples and other fruits; health insurance company Premera Blue Cross; and Philly Shipyard, formerly Aker Philadelphia Shipyard.
In April 2021, Humphreys abruptly departed BBSI after serving in the position just over a year.
She was hired in January 2020 by the Bristol Bay Native Corporation (BBNC) to provide strategic leadership and operational oversight to BBSI and its subsidiary Bristol Bay Alaska Seafoods, the company resulting from the merger of Alaska whitefish producers Blue North and Clipper Seafoods under BBNC.
BBNC acquired Blue North Fisheries and Clipper Seafoods in September 2019 and organized the two companies under the banner of Bristol Bay Alaska Seafoods. As part of the transaction, BBNC also created BBSI to serve as a holding company for Bristol Bay Alaska Seafoods and any future seafood investments.
Bristol Bay Alaska Seafoods controls 37 percent of the hook-and-line/catcher-processor cod quota in the Bering Sea.
Humphreys served as CEO of Icicle Seafoods from early 2013 to May 2015, which at the time was owned by private equity group Paine & Partners, since renamed Paine Schwartz Partners.
There was speculation at the time of her hire at BBSI that, given her board ties to whitefish firms American Seafoods and Blue Harvest -- and her ownership stake in American Seafoods -- Humphreys might seek to blend one or both of the companies into BBSI.
Such a deal never materialized.
Both American Seafoods and Blue Harvest recently hired new leaders.
In mid-February, American named Einar Gustafsson its new CEO, replacing Mikel Durham.
In March, Blue Harvest hired Chip Wilson as the company's new president.
