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La-Z-Boy Incorporated (LZB)


NYSE - NYSE Delayed Price. Currency in USD
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27.00000.00 (0.00%)
At close: 4:02PM EDT

27.1274 0.13 (0.47%)
After hours: 4:32PM EDT

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La-Z-Boy Incorporated

One La-Z-Boy Drive
Monroe, MI 48162
United States
734-242-1444
http://www.la-z-boy.com

SectorConsumer Goods
IndustryHome Furnishings & Fixtures
Full Time Employees8,700

Key Executives

NameTitlePayExercisedAge
Mr. Kurt L. DarrowChairman, Chief Exec. officer and Pres1.93MN/A62
Mr. Louis M. Riccio Jr.Chief Financial Officer and Sr. VP772.17kN/A54
Mr. J. Douglas CollierChief Commercial Officer and Pres of International623.29kN/A50
Mr. Darrell Dewain EdwardsChief Supply Chain Officer and Sr. VP664.49kN/A53
Ms. Margaret L. MuellerChief Accounting Officer, VP of Fin. and Corp. ControllerN/AN/A48
Amounts are as of December 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.

Description

La-Z-Boy Incorporated manufactures, markets, imports, exports, 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 through Upholstery, Casegoods, and Retail segments. 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 338 La-Z-Boy Furniture Galleries stores and 559 Comfort Studio locations, as well as in-store 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.

Corporate Governance

La-Z-Boy Incorporated’s ISS Governance QualityScore as of May 1, 2017 is 3. The pillar scores are Audit: 1; Board: 2; Shareholder Rights: 4; Compensation: 3.

Corporate governance scores courtesy of Institutional Shareholder Services (ISS). Scores indicate decile rank relative to index or region. A decile score of 1 indicates lower governance risk, while a 10 indicates higher governance risk.