La-Z-Boy Fills Treasurer Post

July 9, 2007  by in UnCategorized   

By Home Furnishings Business in Upholstery on July 2007 La-Z-Boy has named Michael Skrzypczak vice president and treasurer. He was formerly corporate treasurer of Intermet Corporation, a $1 billion auto supplier.

Succeeding Mark Stegeman, who left the company in April, Skrzypczak reports to Senior Vice President and CFO Mike Riccio.

“Mike will be a strong addition to our team,” Riccio said. “I am delighted he is joining La-Z-Boy, and am confident he will provide strong leadership to the company’s treasury arm.”

Skrzypczak will be responsible for all treasury functions, including cash management, credit and banking relationships and also will have responsibility for developing and maintaining systems for forecasting and tracking cash flow while managing the company’s relationships with banks in the U.S. and other countries. He also will have responsibility for directing the company’s risk management and insurance programs, and will work with Riccio in negotiating and structuring financing transactions.