Foote to step down as USG CEO in 2011

Chicago-based USG Corp. announced that current president and COO James Metcalf will assume the duties of CEO and president, effective Jan. 1, 2011. Current CEO William Foote will continue in his role as chairman of the USG Corp. board of directors.

“It has been a distinct privilege to lead this great company over the past 15 years,” Foote said. “Jim has prepared himself extremely well to become USG’s next chief executive, and I look forward to working closely with him as he assumes this well-deserved role.”

Metcalf joined USG in 1980 as a sales trainee. In addition to his experience in the company’s sales organization, he has served as president of the company’s building systems unit, which includes United States Gypsum Co. and USG Interiors, and president of its L&W Supply Corp. distribution business. Metcalf serves on the board of directors of USG, Molex Inc. and the National Association of Manufacturers. He is also a policy advisory board member for the Joint Center for Housing Studies at Harvard University, a chair of the Business Advisory Committee for the Robert Crown Center in Hinsdale, Ill., and a trustee of the USG Foundation.