MONROE, Mich., April 29 /PRNewswire-FirstCall/ -- La-Z-Boy
Incorporated (NYSE: LZB) today announced that Greg A. Brinks has been named Vice President and
Treasurer. Brinks (52), will report to Mike Riccio, Senior Vice President and Chief
Financial Officer and succeeds Michael S. Skrzypcazk, who left the
company in February.
Brinks will have responsibility for all Treasury functions,
including cash management, credit and collections, and banking
relationships. He will also have responsibility for directing
the company's risk management and insurance programs and will work
with Riccio in negotiating and structuring financing transactions
and agreements.
Riccio said, "We are delighted Greg has joined our team.
He will be a strong addition, bringing with him solid
treasury expertise spanning various disciplines, including
financial modeling and analysis, currency and interest rate
derivatives, cash flow management and forecasting, working capital
management and credit. Additionally, he has a wealth of
experience in the international capital markets, which will serve
the company well as it expands its presence overseas."
Brinks began his career at General Motors Corporation in 1981,
working in various capacities of increasing importance. Most
recently, he served as Executive Director, International
Securitization at GMAC, Inc. and prior to that was Director,
Financial Planning and Analysis of GMAC. Brinks also served as
Director, Latin American Treasury Center at GMAC as well as
Director, Latin American Operations and Director, European Treasury
Center, in Brussels, Belgium.
Brinks holds an MBA from Harvard
University, a Certificate in Banking from the Stonier
Graduate School of Banking at the University
of Delaware, an MS from the University
of Wisconsin and a BA degree from Calvin College.
Background Information
La-Z-Boy Incorporated is one of the world's leading residential
furniture producers, marketing furniture for every room of the
home. The La-Z-Boy Upholstery Group companies are Bauhaus,
England and La-Z-Boy. The La-Z-Boy
Casegoods Group companies are American Drew/Lea, Hammary and
Kincaid.
The corporation's proprietary distribution network is dedicated
exclusively to selling La-Z-Boy Incorporated products and brands,
and includes 308 stand-alone La-Z-Boy Furniture Galleries® stores
and 502 independent Comfort Studios®, in addition to in-store
gallery programs at the company's Kincaid, England and Lea operating units. Additional
information is available at http://www.la-z-boy.com/.
SOURCE La-Z-Boy Incorporated