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Whittington Appointed New CFO at La-Z-Boy
May 25,
2018 by Jason Schneider in Executive Changes, Industry
La-Z-Boy Inc. (NYSE: LZB) has appointed Melinda D. Whittington as senior vice president and chief financial officer, effective June 21, 2018.
Whittington will succeed Louis M. (“Mike”) Riccio, who previously announced he will retire from La-Z-Boy when the company completes its fiscal 2018 year-end reporting. Riccio will remain at La-Z-Boy through August 1, 2018, in an advisory capacity to transition the role.
Whittington brings more than 25 years of financial experience and expertise to La-Z-Boy. Most recently, she served as CFO of Allscripts Healthcare Solutions, Inc. Prior to that, she was senior vice president, corporate controller and chief accounting officer of Kraft Foods Group, Inc. (now the Kraft Heinz Company).
At La-Z-Boy, Whittington will lead a global finance team of more than 100 professionals, and have overall responsibility for internal audit, treasury and risk management, the tax function, investor relations, and internal and external reporting.
“After an extensive search, we are delighted Melinda is joining our team. She is a high-caliber, results-oriented individual with a proven track record of operational excellence,” said Kurt L. Darrow, chairman, president, and CEO. “Additionally, her collaborative leadership style coupled with an extensive and varied background in the consumer products arena will serve La-Z-Boy well as we execute our dual growth strategy within a dynamic environment.”
“I look forward to joining La-Z-Boy,” said Whittington. “It is a fascinating time for the company as it marries its rich history, brand strength, and legacy of innovation with an evolving e-commerce strategy to address today’s marketplace. It is indeed exciting to be part of the team that is leading the company through its next phase of transformation.”
Whittington is a summa cum laude graduate of The Ohio State University, is a CPA, and has served in several leadership positions for non-profit organizations. She is currently a board member of the United Way of Lake County in Illinois.