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From Home Furnishing Business
Big Lots CEO Campisi Takes Medical Leave
December 5,
2017 by Larry Thomas in Executive Changes, Industry 
Discount retailer Big Lots (NYSE: BIG) said President and CEO David Campisi has been placed on medical leave after he became ill on Friday shortly after the company’s quarterly earnings call with analysts.
The details of his illness wasn’t disclosed, but the company said he was hospitalized on Friday but is now recuperating at home.
In Campisi’s absence, Big Lots’ board of directors has assigned his executive responsibilities to Lisa M. Bachmann, executive vice president, chief merchandising & operating officer, and Timothy A. Johnson, executive vice President, chief administrative & chief financial officer, effective immediately.
Bachmann and Johnson will continue to work closely with the other members of the company's executive leadership team and the board during Campisi's medical leave. In addition, James R. Chambers, the company's non-executive chairman, intends to spend additional time with the leadership team at the retailer’s Columbus, Ohio, headquarters for the duration of the medical leave.
"We have complete confidence in Lisa and TJ and the rest of the leadership team at Big Lots to continue the company's strategic initiatives. David Campisi is an inspirational leader, and we look forward to his return to good health and to leading the company again," said Chambers.