MONROE, Mich., Feb. 18, 2021 (World NEWSWIRE) — La-Z-Boy Included (NYSE: LZB), a international chief in household home furniture, now announced that Raphael Richmond, Senior Director of Company Compliance and Work Law, will do well Stephen K. Krull as Vice President and Basic Counsel, successful April 25, 2021, concurrent with the company’s new fiscal calendar year. She will also keep the role of Main Compliance Officer. In a associated transfer, Uzma Ahmad, Senior Director of Company Regulation and Assistant Secretary, has been appointed Vice President, Deputy Typical Counsel and Corporate Secretary, also productive on April 25, 2021. Krull beforehand declared his retirement and will perform with Richmond and Ahmad to be certain a easy transition.
As the Company’s General Counsel and Main Compliance Officer, Richmond will be La-Z-Boy’s chief lawful officer, responsible for controlling the all round legal and compliance features for the business. Ahmad will be liable for corporate and securities legislation for the company, reporting to Richmond, even though also functioning closely with the La-Z-Boy Board of Administrators on company governance matters.
Kurt L. Darrow, Chairman, President and Chief Govt Officer of La-Z-Boy Included, said, “Since becoming a member of La-Z-Boy in 2019, Raphael has been accountable for litigation and work issues as properly as main the company’s overall compliance efforts. She is a high-caliber authorized government with a wealth of encounter and will continue to provide the company properly in her new purpose. About the past two decades, Uzma has handled securities legislation matters for La-Z-Boy though operating carefully with the senior management workforce and Board of Directors on disclosure and corporate governance matters. In my function as Chairman of the Board, I seem ahead to continuing to do the job with Uzma and benefiting from her significant skills and intelligent counsel as she becomes Company Secretary. The two attorneys will make sizeable contributions in their new roles.”
The enterprise also announced moves in the Finance and Accounting place that will be efficient at the commencing of the Fiscal 2022 calendar year, concurrent with Robert G. Lucian assuming the Chief Monetary Officer function. Lindsay Barnes, Vice President, Company Controller, Chief Accounting Officer and Treasurer, will become Vice President, Finance and Treasurer, succeeding Lucian, and retaining the position of Treasurer. In addition, Jennifer McCurry, Director of Money Reporting, has been appointed Vice President, Company Controller and Main Accounting Officer, succeeding Barnes.
In Barnes’ new position, reporting to Lucian, she will be liable for leading all fiscal organizing, forecasting, budgeting, and examination to strengthen organization processes throughout the finance workforce and corporation. McCurry, who will also report to Lucian, will lead the company accounting perform and be accountable for placing world-wide accounting coverage. In addition, she will oversee the company’s external monetary statement audit, implementation of new accounting expectations and regulatory compliance.
Melinda D. Whittington, Chief Monetary Officer, reported, “Since joining La-Z-Boy in 2011 as Director of Money Reporting, Lindsay has taken on escalating amounts of accountability. She has produced important contributions to the corporation and this move will increase her experience and financial experience when offering more prospects to reinforce finance and business processes throughout the corporation. Jen joined La-Z-Boy in 2019 and has shown excellent acumen in the monetary reporting arena and will effortlessly transition into her new purpose with expanded tasks.”
About Raphael Richmond
Raphael Richmond joined La-Z-Boy in April 2019 as the Senior Director for Corporate Compliance and Employment Regulation, with obligation for the company’s ethics and compliance method, employment legislation counseling, and work and commercial litigation. Richmond provides a prosperity of knowledge, with far more than 20 several years in the automotive field specializing in work law, sophisticated litigation, corporate and securities regulation, company investigations, and ethics and compliance. As company and securities counsel for Ford Motor Company, Richmond was dependable for the company’s money disclosures for the duration of the 2008 fiscal disaster in 2013, she was promoted to the purpose of World Director of Compliance. In that part, she formulated progressive ethics and compliance training for Ford that considerably elevated personnel engagement, and turned a recurrent presenter at ethics and compliance conferences. Richmond is a member of the federal bar for the Eastern District of Michigan, and Condition Bar of Michigan. She been given her undergraduate diploma with greatest difference from the College of Michigan, and is a cum laude graduate of the College of Michigan Regulation School.
About Uzma Ahmad
Uzma Ahmad at the moment serves as La-Z-Boy’s Senior Director of Company Law and Assistant Secretary, a position she has held due to the fact joining the organization in April 2019. She has accountability for lawful matters associated to company governance, securities and general public business regulatory compliance, benefit and govt payment designs administration, and treasury and intercontinental commercial matters. Prior to signing up for La-Z-Boy, she was the Vice President, Deputy Standard Counsel and Assistant Secretary of Con-way Inc., a Fortune 500 transportation and logistics organization. In that part, she encouraged the board of administrators and executive staff on company and securities regulation issues, such as Con-way’s $3 billion acquisition by XPO Logistics, Inc. Previously in her profession, Ahmad practiced as a corporate and securities attorney at Dechert LLP and Dykema Gossett PLLC and taught a securities regulation seminar as an Adjunct Professor at College of Michigan Legislation School. Ahmad acquired a bachelor’s diploma cum laude from Harvard University and a juris medical doctor cum laude from Harvard Law Faculty.
About Lindsay Barnes
Lindsay Barnes joined La-Z-Boy in 2011 and has held roles of growing accountability. She presently serves as Vice President, Corporate Controller, Main Accounting Officer and Treasurer, in which she is government chief of enterprise-large accounting, treasury, and shared products and services functions and is right accountable for accounting procedures and procedures, compliance with U.S. GAAP, Sarbanes-Oxley inside handle style and design, dollars and financial investment management, and coverage hazard management. She joined La-Z-Boy from Borders Team, Inc., the place she was Director – Assistant Controller. Prior to that she held auditor roles at PwC and Arthur Andersen. She is a magna cum laude graduate of Jap Michigan College, where by she acquired a bachelor’s diploma in company administration and accounting, and is a Licensed Public Accountant.
About Jennifer McCurry
Jennifer McCurry joined La-Z-Boy in 2019 as Director of Monetary Reporting exactly where she is liable for specialized accounting research, consolidation of monetary outcomes, external financial reporting to the SEC, inner economical reporting to govt management, and management of the corporate accounting crew. Prior to joining La-Z-Boy, she was Director of Exterior Reporting at Flagstar Bancorp, Inc. and, in advance of that, was with the Ford Motor Business in numerous roles of expanding responsibility in the Finance & Accounting business. McCurry gained her bachelor’s diploma in finance from Grand Valley Point out College and a master’s degree in accounting from the College of Michigan – Dearborn.
Cautionary Notice Pertaining to Ahead-Wanting Statements
This information release incorporates “forward-looking” statements inside of the that means of the Non-public Securities Litigation Reform Act of 1995. Ahead-looking statements can be discovered by the point that they do not relate strictly to historic or recent details. Generally, ahead-looking statements incorporate information regarding expectations, projections or developments relating to our benefits of functions, financial effects, monetary condition, strategic initiatives and options, expenses, dividends, share repurchases, liquidity, use of dollars and money prerequisites, borrowing capacity, investments, long run economic efficiency, enterprise, and sector and the influence of the novel coronavirus (“COVID-19”) pandemic on our business enterprise functions and fiscal outcomes.
The forward-looking statements in this press release are based mostly on particular assumptions and at present out there details and are subject matter to different pitfalls and uncertainties, quite a few of which are unforeseeable and over and above our handle, this kind of as the continuing and establishing influence of, and uncertainty induced by, the COVID-19 pandemic. Further threats and uncertainties that we do not presently know about or that we at present take into account to be immaterial may well also affect our small business operations and fiscal success. Our real future final results and traits may vary materially dependent on a variety of aspects, together with, but not minimal to, the dangers and uncertainties discussed in our fiscal 2020 Annual Report on Type 10-K and other elements determined in our experiences submitted with the Securities and Trade Commission. Provided these risks and uncertainties, you need to not depend on ahead-wanting statements as a prediction of actual success. We are which include this cautionary be aware to make applicable and get gain of the safe harbor provisions of the Private Securities Litigation Reform Act of 1995 for forward-searching statements. We undertake no obligation to update or revise any ahead-wanting statements, no matter whether as a outcome of new details, foreseeable future events or for any other rationale.
Additional Information and facts
This news release is just one particular part of La-Z-Boy’s fiscal disclosures and should be study in conjunction with other information submitted with the Securities and Trade Fee, which is obtainable at: https://lazboy.gcs-net.com/economic-info/sec-filings. Buyers and other folks wishing to be notified of upcoming La-Z-Boy news releases, SEC filings and quarterly investor meeting phone calls could indication up at: https://lazboy.gcs-web.com/.
Background Data
La-Z-Boy Incorporated is a person of the world’s leading residential household furniture producers, advertising furnishings for every area of the residence. The Wholesale section includes England, La-Z-Boy, American Drew®, Hammary®, and Kincaid®. The corporation-owned Retail section includes 158 of the 351 La-Z-Boy Household furniture Galleries® suppliers. Joybird is an e-commerce retailer and maker of upholstered home furniture.
The corporation’s branded distribution network is devoted to advertising La-Z-Boy Incorporated products and solutions and brands, and incorporates 351 stand-on your own La-Z-Boy Home furniture Galleries® merchants and 563 independent Comfort and ease Studio® spots, in addition to in-retail outlet gallery applications for the company’s Kincaid and England working units. Extra information and facts is obtainable at http://www.la-z-boy.com/.
Make contact with:
Kathy Liebmann
(734) 241-2438
[email protected]
