Changes at La-Z-Boy

June 29, 2011  by in UnCategorized   

By Home Furnishings Business in Executive Changes on June 30, 2011

La-Z-Boy (NYSE: LZB), Warren, Mich., announced several leadership changes and the retirement of Dave Layman, senior vice president of residential operations.

Mark Bacon has been promoted from chief retail officer to senior vice president and president of the La-Z-Boy Branded Business, which includes wholesale and retail leadership responsibility for the company's largest business unit.

Chief Marketing Officer Doug Collier has been promoted to the additional role of president of international, where he will continue to be responsible for leading the corporation's international operations and growth efforts. Additionally, he will assume responsibility for the Information Technology function, providing executive oversight and direction throughout the entire corporation;

Senior Vice President of Residential Operations Dave Layman will retire at the end of fiscal 2012, after more than 40 years with the company. Darrell Edwards will succeed Layman and is promoted from vice president and general manager of La-Z-Boy, Tennessee to vice president of residential manufacturing, where he will be responsible for the six La-Z-Boy branded manufacturing facilities, including the company's Mexico-based cut-and-sew facility.

Director of Retail Sales and Operations Dan King has been promoted to vice President of La-Z-Boy's Retail Operations, where he will be responsible for the 83 company-owned La-Z-Boy Furniture Galleries stores.

Production Manager Harold McCawley has been promoted to general manager of La-Z-Boy Tennessee, the company's largest manufacturing plant.

"Succession planning has and will continue to play an integral role in the management of our company," said La-Z-Boy President and Chief Executive Officer Kurt Darrow. "It is an evolutionary process and these appointments have been in the planning stage for some time. With recent changes to the organizational structure and the announced retirement of Dave Layman, it is the appropriate time to make these moves to ensure our company has the correct leadership structure. Each of these individuals has demonstrated their dedication and commitment to our company, with proven results of their various operations."