Rebecca Reeder Appointed President, Retail La-Z-Boy Furniture Galleries
LA-Z-BOY INCORPORATED ANNOUNCES RELATED LEADERSHIP TEAM REALIGNMENT
In connection with the company’s new fiscal year at end of April:
Rebecca Reederwill join the company as President, Retail La-Z-Boy Furniture Galleries. In her role as President, Retail La-Z-Boy Furniture Galleries, Reeder will have executive oversight and P&L responsibility for the company’s Retail segment, which includes 168 of the 346 La-Z-Boy Furniture Galleries® stores. In addition, she will assume responsibility for sales to the remaining independently-owned La-Z-Boy Furniture Galleries® stores, driving alignment of the consumer experience throughout the entire network. Keith Wilson, President Internationaland Joybird, has announced his intention to retire, and will move to special projects to support transitions through the summer. In concert with his retirement: Tj Linzwill assume responsibility for Joybird, in addition to his previously announced move to assume the role of President, Portfolio Brands, succeeding Otis Sawyerupon his retirement. Robert Sundy, Senior Vice President and Chief Commercial Officer, will expand his role to become President, La-Z-Boy Brand and Chief Commercial Officer, adding the company’s international La-Z-Boybranded operations to his leadership.
Whittington also noted, “At the same time, it is with mixed emotion that we announce the retirement of
Whittington continued, “With the addition of Rebecca and related realignment of responsibilities across the team, the Executive Team is well positioned to lead the next chapter of our iconic, 96-year-old company as we execute our Century Vision strategy for long-term profitable growth. I’m proud of our team and the accomplishments to date, and even more excited for what’s ahead.”
Reeder said, “I am excited to join
Cautionary Note Regarding Forward-Looking Statements
This news release contains “forward-looking” statements within the meaning of the Private Securities Litigation Reform Act of 1995. Forward-looking statements can be identified by the fact that they do not relate strictly to historical or current facts. Generally, forward-looking statements include information concerning expectations, projections or trends relating to our results of operations, financial results, financial condition, strategic initiatives and plans, expenses, dividends, share repurchases, liquidity, use of cash and cash requirements, borrowing capacity, investments, future economic performance, business and industry and the effect of the coronavirus (“COVID”) pandemic on our business operations and financial results.
The forward-looking statements in this press release are based on certain assumptions and currently available information and are subject to various risks and uncertainties, many of which are unforeseeable and beyond our control. Additional risks and uncertainties that we do not presently know about or that we currently consider to be immaterial may also affect our business operations and financial results. Our actual future results and trends may differ materially depending on a variety of factors, including, but not limited to, the risks and uncertainties discussed in our fiscal 2022 Annual Report on Form 10-K and other factors identified in our reports filed with the
This news release is just one part of La-Z-Boy’s financial disclosures and should be read in conjunction with other information filed with the
The corporation’s branded distribution network is dedicated to selling
Source: La-Z-Boy Incorporated