La-Z-Boy Appoints President Retail Division
2019年3月26日 - 5:15AM
La-Z-Boy Incorporated (NYSE: LZB) today announced the appointment
of Tj Linz as President of the company’s Retail Division, effective
April 28, 2019. He will succeed Daniel E. King, who will retire at
the end of the company’s fiscal 2019 year. Linz will report to Kurt
Darrow, Chairman, President and Chief Executive Officer, and will
be responsible for driving the strategy, growth and profitability
of the company’s Retail segment, which today includes 155 La-Z-Boy
Furniture Galleries® stores with approximately 1,400 employees.
Linz joined La-Z-Boy in 2015 as Director of
Strategy & Analytics and became Director of Retail Operations
& Strategy, reporting to King, in 2017. In that role, he
developed strategic initiatives across a multitude of disciplines,
including pricing and promotions, advertising, visual
merchandising, and compensation, leading to improved performance
across the Retail operation.
Darrow said, “Tj has been instrumental in the
development of numerous strategies that have delivered enhanced
results across the Retail segment. Working side by side with Dan,
he has demonstrated his acumen to use data-driven analysis to
create high-performing structures and operational excellence. As
part of the senior leadership team of La-Z-Boy Incorporated, I look
forward to working with Tj to develop strategies across the entire
enterprise, including those pertaining to the Retail segment, as we
execute the company’s growth plan.”
Darrow added, “It is with mixed emotion that we
say goodbye to Dan, who joined La-Z-Boy in 2008 when the company
owned 70 La-Z-Boy Furniture Galleries® stores. During his tenure,
Dan played an integral role in the turnaround and growth of the
Retail business through changes to its operational structure and
the integration of numerous acquisitions. A dedicated
executive and leader, he built a results-driven team with passion
for the business. Through their success, the benefit of the
company’s integrated retail model to the company’s overall
profitability became clearly evident. Dan will be sorely missed and
we wish him all the best in his well-deserved retirement.”
Linz said, “I am excited to lead a growing part
of the La-Z-Boy business, particularly during such a dynamic period
within the retail arena. With an iconic and trusted brand,
great people on the store teams, and a vibrant La-Z-Boy Furniture
Galleries® store system across North America, I look forward to all
that we can accomplish to continue to deliver excellent
results.”
Prior to joining La-Z-Boy, Linz was with
Deloitte Consulting LLP for nine years, most recently as Senior
Manager in the Deloitte Digital Division. He earned his B.S.
in Computer Engineering from Northwestern University and his MBA
from the University’s Kellogg School of Management.
Additional Information
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 Securities and Exchange Commission,
which is available at:
https://lazboy.gcs-web.com/financial-information/sec-filings.
Investors and others wishing to be notified of future La-Z-Boy news
releases, SEC filings and quarterly investor conference calls may
sign up at: https://lazboy.gcs-web.com/.
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 segment companies
are England and La-Z-Boy. The Casegoods segment consists of three
brands: American Drew®, Hammary®, and Kincaid®. The
company-owned Retail segment includes 155 of the 352 La-Z-Boy
Furniture Galleries® stores. Joybird is an e-commerce
retailer and manufacturer of upholstered furniture.
The corporation’s branded distribution network
is dedicated to selling La-Z-Boy Incorporated products and brands,
and includes 352 stand-alone La-Z-Boy Furniture Galleries® stores
and 541 independent Comfort Studio® locations, in addition to
in-store gallery programs for the company’s Kincaid and England
operating units. Additional information is available at
http://www.la-z-boy.com/.
Contact: Kathy
Liebmann
(734)
241-2438
kathy.liebmann@la-z-boy.com
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