La-Z-Boy Announces Retirement of Doug Collier
2019年4月24日 - 10:00PM
La-Z-Boy Incorporated (NYSE: LZB) today announced that J. Douglas
Collier, Senior Vice President, Chief Commercial Officer and
President International, will retire on June 22, 2019, to create
the time and flexibility to devote to several personal business
interests and passions.
Collier joined La-Z-Boy in 2002 as Vice
President Marketing for the La-Z-Boy branded business. He left the
company in 2005 and returned two years later to serve as Chief
Marketing Officer and has since held positions of increasing
responsibility. His many accomplishments include the development of
the La-Z-Boy brand platform, featuring brand ambassador Brooke
Shields, which contributed to 13 consecutive quarters of same-store
sales increases averaging 10%, beginning in November 2010. He was
also instrumental in selecting Kristen Bell as the new face of
La-Z-Boy. In addition, Collier led a significant
transformation of the company’s digital capabilities, implementing
a world-class web and e-commerce technology platform and digital
marketing system. As President International, Collier more than
doubled the size of the company’s non-North American business and
significantly increased its overall profitability. He was
also responsible for the company’s fast-growing presence in China,
and led the strategy to create a wholly owned La-Z-Boy U.K.
business.
Kurt L. Darrow, Chairman, President and Chief
Executive Officer of La-Z-Boy, said, “Doug has made numerous
strategic contributions to La-Z-Boy over his tenure with the
company. Under his leadership, the company has enjoyed
success with the Live Life Comfortably® brand platform, increased
its digital presence, and significantly expanded its international
reach. Doug has been an integral part of our senior
leadership team and it has been an honor and pleasure to work with
him over the years. We wish Doug all the best in his new
endeavors.”
Collier said, “It is with mixed emotions that I
retire from La-Z-Boy. I have been very fortunate to have
worked at such a great company for the last 12 years with so many
inspiring and creative colleagues and partners around the world.
They will continue to make La-Z-Boy an ever-more iconic and
powerful brand. With a strong leadership team in place, I
have every confidence the company will continue to prosper as it
adapts to the rapidly changing environment while carving out new
markets and opportunities.”
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)
241-2438kathy.liebmann@la-z-boy.com
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