From Home Furnishing Business
La-Z-Boy Elects Rebecca O’Grady to Board of Directors
La-Z-Boy Incorporated (NYSE: LZB) has announced that Rebecca O’Grady has been elected to its board of directors, effective at its annual meeting of shareholders held on Aug. 27.
O’Grady will also be a member of the board’s audit and nominating & governance committees. Each of the other nine incumbent directors were re-elected to the board. With O’Grady’s election, the board has been expanded to 10 directors to add additional expertise and fresh perspective to advance the company’s strategy. Nine of the directors are independent.
O’Grady is a seasoned business leader with global experience across marketing, e-commerce, merchandising, and brand strategy at global retail and consumer brands. She held senior leadership roles at General Mills, where she served as chief marketing officer for international marketing, e-commerce & consumer insights, as well as president of Global Häagen-Dazs and president of Yoplait USA. O’Grady earned a B.S. from Northwestern University and an M.B.A. from the Harvard Business School.
“We are committed to maintaining a board made up of world-class, highly qualified directors who will help drive our strategy and create long-term shareholder value,” said Kurt Darrow, chairman, president and CEO of La-Z-Boy. “The addition of Becky to our board reflects our focus on diversity, with directors who will provide new perspectives relevant to La-Z-Boy. She is a talented, strategic leader who brings considerable experience and skills in the areas of retailing, merchandising, e-commerce, and brand strategy, and we are excited to welcome her to the board.”