La-Z-Boy Incorporated Board of Directors Elects Melinda Whittington as Chair, Michael Lawton as Lead Director

Core Viewpoint - La-Z-Boy Incorporated has announced leadership changes, with Melinda Whittington being elected as Chair of the Board, while Michael Lawton returns to his role as independent Lead Director, effective December 11, 2024 [1][2][4]. Leadership Changes - Melinda Whittington, who has been the President and CEO since 2021, will now also serve as Chair of the Board, reflecting the Board's confidence in her leadership to drive long-term value [1][2][4]. - Michael Lawton, who has been Chair since May 2022, will revert to his previous position as independent Lead Director, indicating a shift in leadership structure [1][5]. Leadership Background - Melinda Whittington has a strong background in finance, having previously served as CFO at Allscripts Healthcare Solutions and Kraft Foods Group, and has been with La-Z-Boy since 2021 [4]. - Michael Lawton has been a director since 2013 and has extensive experience, including roles at Domino's Pizza and Gerber Products Company, showcasing a wealth of leadership experience [5]. Company Overview - La-Z-Boy Incorporated operates as a vertically integrated furniture retailer and manufacturer, known for its iconic recliner since 1927, and is committed to quality and consumer compassion [6]. - The company has 193 company-owned La-Z-Boy Furniture Galleries® stores and a broader network of over 350 stores, along with an e-commerce platform through La-Z-Boy.com [7].