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La-Z-Boy Inc (LZB.N)

LZB.N on New York Stock Exchange

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Summary

Name Age Since Current Position

Kurt Darrow

62 2011 Chairman of the Board, President, Chief Executive Officer

Louis Riccio

54 2010 Chief Financial Officer, Senior Vice President

J. Doug Collier

50 2017 Senior Vice President, Chief Commercial Officer and President - International

Darrell Edwards

53 2014 Senior Vice President, Chief Supply Chain Officer

Otis Sawyer

59 2017 Senior Vice President and President - La-Z-Boy Portfolio Brands

David Behen

2017 Chief Information Officer, Vice President

Sarah Gallagher

65 2016 Independent Director

Edwin Holman

70 2010 Independent Director

Janet Kerr

62 2009 Independent Director

Michael Lawton

58 2013 Independent Director

H. George Levy

67 1997 Independent Director

W. Alan McCollough

67 2007 Independent Director

Lauren Peters

55 2016 Independent Director

Nido Qubein

68 2006 Independent Director

Biographies

Name Description

Kurt Darrow

Mr. Kurt L. Darrow is an Chairman of the Board, President, Chief Executive Officer of the Company. He has been director since 2003, and is currently chairman (since 2011), president and chief executive officer (since 2003). Since joining the company in 1979, he has served in positions of increased responsibility, including president of La-Z-Boy Residential, the company's division. He is a member of the Business Leaders for Michigan, a non-profit executive leadership organization, and serves on its executive committee. He served as chairman of the American Home Furnishings Alliance (an industry association) and continues to serves on its board. He is a member of the board of directors of the Mercy Memorial Hospital Corporation in Monroe, Michigan. He served as a Trustee of Adrian College (Adrian, Michigan) for nine years, until May 2011.

Louis Riccio

Mr. Louis Michael Riccio, Jr., is a Chief Financial Officer, Senior Vice President of the Company. He was Treasurer from April 2007 through August 2007 and February 2010 through April 2010. He was Vice President and Corporate Controller from February 2002 through June 2006.

J. Doug Collier

Mr. J. Doug Collier is an Senior Vice President, Chief Commercial Officer and President - International of the Company. He was the Chief Marketing Officer of La-Z-Boy Incorporated. Initially he joined La-Z-Boy in 2002 as Vice President, Marketing for La-Z-Boy Residential, and was named Chief Marketing Officer in 2004. He left the company in 2005 to join Select Comfort Corporation as its Chief Marketing Officer. Before joining La-Z-Boy in 2002, Collier was senior vice president of marketing and product management for Iomega Corporation, a manufacturer and marketer of computer peripherals based in Roy, Utah. He also had responsibility for Iomega's European and Asian operations. Previously, Doug was general manager of fittings and director of marketing and e-business at NIBCO, a privately held manufacturer of flow control products located in Elkhart, Indiana. He also spent several years in product management and business development with Whirlpool and GE Canada in the US, Canada and Europe. Mr. Collier earned his Bachelor of Science degree at the University of Manitoba in Winnipeg, MB, and his MBA at the University of Toronto, in Toronto, ON.

Darrell Edwards

Mr. Darrell Edwards is a Senior Vice President, Chief Supply Chain Officer of the Company. Mr. Edwards was Senior Vice President, Operations for the La-Z-Boy branded business. Edwards joined La-Z-Boy Incorporated in 2004 as General Manager of the company's Newton, Mississippi plant and held various positions of increasing responsibility, including Vice President of Manufacturing, before being named Senior Vice President of Operations for the La-Z-Boy branded business.

Otis Sawyer

Mr. Otis S. Sawyer is a Senior Vice President and President - La-Z-Boy Portfolio Brands of the Company. He is President, England, Incorporated since February 2008. He was Senior Vice President Corporate Operations from May 2006 through February 2008. He was Vice President and Chief Information Officer from August 2004 through April 2006.

David Behen

Mr. David B. Behen is Chief Information Officer, Vice President of the Company. Prior to joining La-Z-Boy, Behen led the IT organization for the State of Michigan as Chief Information Officer and Director of the Department of Technology, Management and Budget. While there, he was responsible for strategic planning initiatives and directed administrative operations for the state government agency, with 2,800 employees, which provides business services to state agencies with 47,000 employees and over 9.4 million citizens of Michigan. Before that, he was Vice President/Chief Information Officer of GDI Infotech and Co-founder/Chief Business Officer of Infoready Corporation, a spin-off of GDI. Behen earned his Master's degree in Public Administration from Eastern Michigan University, where he also received his Bachelor's degree. He has served as a keynote speaker, expert panelist, and moderator for national and international audiences providing expertise on information technology, cyber security, data management, and leadership.

Sarah Gallagher

Ms. Sarah M. Gallagher is Independent Director of the Company. She was Former executive chairperson of Rebecca Taylor (women’s apparel), a division of Kellwood Company, August 2014 – August 2015. She wsa Former president of Ralph Lauren North America e-Commerce (2007 – 2013) and Former president Ralph Lauren Media LLC (2001 – 2006). She wsa Senior vice president roles at Banana Republic Direct and Gap Direct (divisions of Gap, Inc., an international retailer of clothing, accessories and personal care products) (1997 – 2001). She was Senior executive positions at various retailers including Avon Products, Inc. (beauty products), Victoria’s Secret Catalogue, Lord & Taylor (retail department store chain).

Edwin Holman

Mr. Edwin J. Holman is an Independent Director of La-Z-Boy Inc. He had served as interim chief executive officer of The Pantry, Inc. from October 5, 2011 until March 5, 2012. Previously he served as chairman and chief executive officer of Macy’s Central (2004 – 2009), a division of Macy’s Inc. (an operator of department stores). He also served as president and chief executive officer of Galyan’s Trading Company (2003 – 2004) (sporting goods retailer). Previously, Mr. Holman was the president and COO of Bloomingdale’s (2000 – 2003), a division of Federated Department Stores Inc.; president and COO of Rich’s/Lazarus/Goldsmiths divisions, a division of Federated Department Stores, Inc. (1999 – 2000); chairman and chief executive officer of Petrie Retail, Inc. (1996 – 1999); president and COO of the department stores, Woodward & Lothrop (1994 – 1996); vice chairman and COO of The Carter Hawley Hale Stores; and a senior operating executive of The Neiman Marcus Group. Mr. Holman has served as a director on the board of the independently operated convenience chain store, The Pantry, Inc., since 2005. Except for the six months that he acted as interim chief executive officer, he has served as that company’s chairman since 2009. Mr. Holman previously served as a director on the boards of several public companies including Office Max (2003) and Circle International (1994 – 2000), a provider of international transportation and logistics. He is the non-executive chairman of RGIS International (retail inventory solutions), a portfolio company of the Blackstone Group. Mr. Holman is a 2011 National Association of Corporate Directors (NACD) Governance Fellow.

Janet Kerr

Prof. Janet E. Kerr is an Independent Director of La-Z-Boy Inc. She is currently a professor of law and the Executive Director of the Geoffrey H. Palmer Center for Entrepreneurship and the Law at Pepperdine University School of Law in Malibu, California, where she holds the Laure Sudreau-Rippe Endowed Chair. Professor Kerr has consulted with various companies on corporate governance, including compliance with the Sarbanes-Oxley Act, and has consulted on cases dealing with financial institution fraud. She has authored articles and a book on securities, corporate law, and corporate governance. She is a member of the board of directors of TCW Strategic Income Fund, Inc. (a NYSE listed closed end registered investment company), TCW Funds, Inc. (an open-end investment company) and Tilly’s, Inc. (a publicly held, since May 2012, retailer of apparel and accessories), where she chairs the nominating and governance committee. For six years while it was a publicly held company, Professor Kerr served on the board of directors and as chair of the corporate governance/nominating committee of CKE Restaurants, Inc. She has founded several technology companies including X-Laboratories, which she co-founded with HRL Laboratories, LLC to assist in the commercialization of technologies in research institutions. Professor Kerr has also served as an advisor on corporate issues and entrepreneurial strategies to the People’s Republic of China, France, and Thailand and has represented the U.S. Department of Commerce as a speaker at international events.

Michael Lawton

Mr. Michael T. Lawton is an Independent Director of LA-Z-BOY INC., since 2013. He is currently serves as executive vice president and chief financial officer of Domino’s Pizza, Inc. (since August 2010). He also served as its interim chief information officer from October 2011 until March 2012. He was Domino’s Pizza, Inc.’s executive vice president of international from October 2004 until March 2011 and previously served as its senior vice president finance and administration of international. Prior to joining Domino’s Pizza, Inc., Mr. Lawton was employed in various financial and general management positions with Gerber Products Company. Mr. Lawton’s experience as a public company chief financial officer and in managing a growing international operation of a well-known consumer brand qualifies him to serve on our board.

H. George Levy

Dr. H. George Levy, M.D. is an Independent Director of La-Z-Boy Inc. He is currently practices otorhinolaryngology and formerly was chairman and chief executive officer of USI, Inc. (a private firm engaged in consulting on e-commerce, Web design, and systems integration) and chief executive officer and founder of Enduenet, Inc. (a firm providing electronic medical records for physicians and hospitals).

W. Alan McCollough

Mr. W. Alan McCollough is an Independent Director of La-Z-Boy Inc. He is formerly was chairman and chief executive officer of Circuit City Stores, Inc. (retailer of consumer electronics, home office products, entertainment software, and related services) from 2000 to 2006. He was a Circuit City director from 1999 to 2006. He has served on the boards of VF Corporation (branded apparel) since 2000 and The Goodyear Tire & Rubber Company since 2007. He also serves as a trustee of the Joslin Diabetes Center, a nonprofit organization.

Lauren Peters

Ms. Lauren B. Peters is Independent Director of the Company. She is Executive vice president and chief financial officer of Foot Locker, Inc. since 2011. She was Senior vice president of strategic planning of Foot Locker, Inc. (2002 – 2011) and Various senior financial management positions at Foot Locker, Inc. and Robinsons-May, a division of May Department Stores.

Nido Qubein

Dr. Nido R. Qubein is an Independent Director of La-Z-Boy Inc. He is a president of High Point University (since 2005) and chairman of the board of Great Harvest Bread Company (since 2001), which franchises bakeries. He also served from 2000 to 2008 as chairman of Biz Life, Inc. (magazine publishing) and was chairman of Creative Services, Inc. (publishing and consulting) from 1978 to 2006. He is a director on the boards of BB&T Corporation (since 1990), which offers banking and financial services; the Great Harvest Bread Company since 2001; and Dots, LLC (since 2011), a privately held women’s apparel company. Dr. Qubein has authored a dozen books on leadership, sales, communication and marketing and serves as advisor to businesses and organizations throughout the world on how to brand and position their enterprises.

Basic Compensation

Name Fiscal Year Total

Kurt Darrow

4,948,670

Louis Riccio

1,519,200

J. Doug Collier

1,286,930

Darrell Edwards

1,251,550

Otis Sawyer

1,054,310

David Behen

--

Sarah Gallagher

136,082

Edwin Holman

191,100

Janet Kerr

179,429

Michael Lawton

184,940

H. George Levy

180,936

W. Alan McCollough

210,936

Lauren Peters

136,082

Nido Qubein

190,936
As Of  28 Apr 2017

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