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    La-Z-Boy Incorporated (LZB)

    27.21 Up 0.40(1.49%) Dec 1, 4:02PM EST
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    La-Z-Boy Incorporated
    One La-Z-Boy Drive
    Monroe, MI 48162
    United States - Map
    Phone: 734-242-1444
    Website: http://www.la-z-boy.com

    Index Membership:N/A
    Sector:Consumer Goods
    Industry:Home Furnishings & Fixtures
    Full Time Employees:8,270

    Business Summary 

    La-Z-Boy Incorporated manufactures, markets, imports, distributes, and retails upholstery furniture products, accessories, and casegoods furniture products in the United States, Canada, and internationally. The company also produces reclining chairs; and manufactures and distributes residential furniture in the United States. It operates in three segments: Upholstery, Casegoods, and Retail. The Upholstery segment manufactures or imports upholstered furniture, such as recliners and motion furniture, sofas, loveseats, chairs, sectionals, modulars, ottomans, and sleeper sofas. This segment sells its products directly to La-Z-Boy Furniture Galleries stores, operators of Comfort Studios and England custom comfort center locations, dealers, and other independent retailers. The Casegoods segment manufactures, imports, markets, and distributes casegoods furniture, including bedroom sets, dining room sets, entertainment centers and occasional pieces, and upholstered furniture. This segment sells its products to dealers, La-Z-Boy Furniture Galleries stores, and other independent retailers under the American Drew, Hammary, and Kincaid brand names. The Retail segment sells upholstered furniture, casegoods, and other accessories to the end consumer through its retail network. La-Z-Boy Incorporated sells its products through a network of 325 La-Z-Boy Furniture Galleries stores and 576 Comfort Studio locations, as well as in-store gallery programs for its Kincaid and England operating units. The company was formerly known as La-Z-Boy Chair Company and changed its name to La-Z-Boy Incorporated in 1996. La-Z-Boy Incorporated was founded in 1927 and is based in Monroe, Michigan.

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    Corporate Governance 
    La-Z-Boy Incorporated’s ISS Governance QuickScore as of Dec 1, 2015 is 3. The pillar scores are Audit: 1; Board: 3; Shareholder Rights: 5; Compensation: 2.
    Brought to you by Institutional Shareholder Services (ISS)

    Key Executives 
    Mr. Kurt L. Darrow , 60
    Chairman, Chief Exec. officer and Pres
    Mr. Louis M. Riccio Jr., 52
    Chief Financial Officer and Sr. VP
    Mr. J. Douglas Collier , 48
    Chief Marketing Officer, Sr. VP and Pres of International
    Mr. Mark S. Bacon Sr., 52
    Sr. VP and Pres of Branded Bus.
    Mr. Darrell Dewain Edwards , 51
    Chief Supply Chain Officer and Sr. VP
    Amounts are as of Dec 31, 2015 and compensation values are for the last fiscal year ending on that date. Pay is salary, bonuses, etc.Exercised is the value of options exercised during the fiscal year.
    Currency in USD.
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