Corporate Governance - Board of Directors
Kurt L. DarrowChairman of the Board, President and Chief Executive Officer
Kurt Darrow has been a director, and our president and chief executive officer, since 2003, and was named our chairman in 2011. Since joining the company in 1979, he has served in positions of increasing responsibility, including president of La‑Z‑Boy Residential, our largest division. He currently serves as a director of CMS Energy Corp. He is a member of the Business Leaders for Michigan and serves on its board and executive committee. He served as chairman of the American Home Furnishings Alliance and continues to serve as director emeritus on its board. He is a member of the ProMedica Board of Trustees and Chairman of the ProMedica Monroe Regional Hospital Board of Trustees. He is also a former Trustee of Adrian College in Adrian, Michigan.Chairman of the Board
Sarah M. Gallagher
Sarah Gallagher joined our board in 2016. She currently sits on the board of Abercrombie and Fitch Co. and serves as an Executive Advisor of FitforCommerce (retail consultants focused on helping retailers for ecommerce). Ms. Gallagher previously served as Executive Chairperson of the Rebecca Taylor woman’s fashion brand, where she was interim chief executive officer with responsibility for the wholesale, stores and e-commerce businesses. Ms. Gallagher served as President of Ralph Lauren North America e-Commerce and as President of Ralph Lauren Media LLC, Polo.com, where she led all aspects of Ralph Lauren’s e-Commerce business for 12 years to a position of industry leadership and collaborated on its expansion into European markets. Prior to her tenure with the Ralph Lauren organization, Ms. Gallagher served as Senior Vice President, Banana Republic Direct, and Senior Vice President, Gap Direct, divisions of Gap, Inc., where she was directly responsible for the launch of the Banana Republic catalog, website, and all aspects of its e-Commerce business. Prior to joining Gap, Inc., Ms. Gallagher served as Vice President, Apparel, Jewelry and Accessories for Avon Products, Inc.; Vice President and General Merchandise Manager, Intimate Apparel and then Executive Vice President, Merchandising of Victoria’s Secret Catalogue; and in various roles with Lord & Taylor.
Edwin J. Holman
Ed Holman, who joined our board in 2010, has had extensive retail management experience that includes serving as chairman and chief executive officer of Macy’s Central, a division of Macy’s Inc. He served as interim chief executive officer of The Pantry, Inc., where he also served as a director and chairman of the board. Mr. Holman served as President and CEO of Galyans Trading Company, a public company, and President and CEO of Petrie Retail, Inc., a privately-owned company. He also held other principal positions at a variety of retailers, including Bloomingdale’s, the Rich’s/Lazarus/Goldsmith’s divisions of Federated Department Stores, Inc., Woodward & Lothrop, The Carter Hawley Hale Stores, and senior executive positions at The Neiman Marcus Group. Mr. Holman previously served on the boards of several public companies, including Office Max, Christopher & Banks, Circle International, and as non-executive chairman of RGIS International. Mr. Holman has completed the National Association of Corporate Directors (NACD) comprehensive program of study for corporate directors and has been named an NACD Governance Fellow.Financial Expert
Janet E. Kerr
A director since 2009, Janet Kerr is currently Vice Chancellor and Professor Emeritus of the Pepperdine University School of Law and Of Counsel to the legal firm of Navé & Cortell. Ms. Kerr founded and served as executive director of the Palmer Center for Entrepreneurship and the Law at Pepperdine Law School. She also founded several technology companies, including X-Laboratories, which she co-founded with HRL Laboratories, LLC to assist in the commercialization of technologies in research institutions. She served as Chief Strategy Officer of Exemplify, Inc., a technology knowledge management company, acquired by Bloomberg BNA. Professor Kerr was the first professor to hold the Laure Sudreau-Rippe Endowed Chair at Pepperdine University School of Law and is a nationally recognized author, lecturer, and consultant in the area of securities law compliance, banking law, corporate governance, and general corporate law. Ms. Kerr serves on the boards of directors of Fidelity National Financial, Inc., App Folio, Inc., and Tilly’s, Inc., and previously served on the boards of TCW Strategic Income Fund, Inc. and CKE (Carl Karcher Enterprises). Ms. Kerr has also served as an advisor on corporate issues and entrepreneurial strategies to the People’s Republic of China, France, and Thailand and has represented the U.S. Department of Commerce as a speaker at international events.
Michael T. Lawton
Michael Lawton, who has been a director since 2013, retired from Domino’s Pizza, Inc., where he served as executive vice president and chief financial officer and previously served in various management roles, including interim chief information officer, and executive vice president of international. Prior to joining Domino’s, Mr. Lawton was Senior Vice President and Chief Operating Officer of Gerber Products Company, now a subsidiary of Nestle S.A. Mr. Lawton began his career at Ernst & Whinney, now Ernst & Young. He also serves on the board of Universal Corporation.
H. George Levy M.D.
Dr. Levy has been a director since 1997. He currently practices Otorhinolaryngology and Facial Plastic Surgery. He advises several private companies and start-ups in various sectors, including Technology and Pharmaceutical. Dr. Levy has recently been granted a patent on an anti-cancer molecule.
W. Alan McCollough
Alan McCollough joined our board in 2007 and currently serves as our lead director. Mr. McCollough retired as chairman and chief executive officer of Circuit City Stores, Inc. He currently serves on the boards of VF Corporation, where he chairs the nominating and governance committee, and The Goodyear Tire & Rubber Company.
Lauren B. Peters
Lauren Peters, who joined our board in 2016, currently serves as executive vice president and chief financial officer of Foot Locker, Inc. Ms. Peters began her career at Arthur Andersen & Company before moving to May Department Stores, were she eventually become division vice president and assistant controller.
Nido R. Qubein
Dr. Nido Qubein joined our board in 2006. He has been president of High Point University since 2005 and executive chairman (beginning 2016) of the board of Great Harvest Bread Company, a bakery franchisor, and formerly chairman. He serves as a director of BB&T Corporation, where he has chaired its executive committee, and nThrive, Inc. Dr. Qubein is a successful, sought-after professional speaker known for engaging audiences with topics covering change, leadership, and branding, and he has written a dozen books and recorded scores of audio and video learning programs translated into many languages.