MONROE, MI — Casegoods and upholstery manufacturer La-Z-Boy said Harold McCawley will take over for Darrell Edwards at its 2,100 employee, 1.2 million square-foot Tennessee facility, La-Z-Boy’s biggest plant, as it announced a number of management changes effective July 1.
Mark Bacon is being promoted to senior vice president and president of the La-Z-Boy Branded Business, where he will be responsible for all operations, including customer care, sales and merchandising. Bacon moves into this position from his role as chief retail officer, which he has held since 2008.
Dave Layman, senior VP of Residential Operations, will retire at the end of fiscal 2012, after more than 40 years with the company. He will be succeeded in that role by Darrell Edwards, who will be promoted from vice president general manager of La-Z-Boy Tennessee to vice president of Residential Manufacturing. Edwards will steer La-Z-Boy’s six branded manufacturing plants, including the company's Mexico-based cut-and-sew facility.
McCawley will take over for Edwards at the 1.2 million square-foot Tennessee facility, La-Z-Boy’s largest manufacturing plant. McCawley, who is being promoted from production manager to general manager, has been with the company for nearly 30 years.
La-Z-Boy also announced the promotion of Doug Collier, chief marketing officer, to the additional role of President of International. In addition to leading La-Z-Boy’s international operations and growth efforts, he will be responsible for the company’s Information Technology.
In addition, Dan King is being promoted from director of Retail Sales and Operations to vice president of La-Z-Boy's Retail Operations, including the 83 company-owned La-Z-Boy Furniture Galleries stores.
In a statement, La-Z-Boy President and CEO Kurt Darrow said, "It is an evolutionary process and these appointments have been in the planning stage for some time, " La-Z-Boy president and CEO Kurt Darrow said. With the announced retirement of Dave Layman, "it is the appropriate time to make these moves to ensure our company has the correct leadership structure," Darrow said.
Encouraging Financials
The company recorded a 9.1 percent increase in sales for the fiscal 2011 fourth quarter over 2010, though much of it - 7 percentage points - could be attributed to the inclusion of an extra week, La-Z-Boy said. Net income for the quarter was $10.3 million.
According to the company, sales in the casegoods segment increased 8.6 percent for the quarter over 2010, with upholstery up 9.8 percent and retail up 48.6 percent.
"We experienced a slight sales increase on the casegoods side of the business and improved our operating margin significantly," Darrow said, primarily a result of a 2010 consolidation of two manufacturing facilities and the transition from a leased warehouse to a company-owned building, according to Darrow.
Mark Bacon is being promoted to senior vice president and president of the La-Z-Boy Branded Business, where he will be responsible for all operations, including customer care, sales and merchandising. Bacon moves into this position from his role as chief retail officer, which he has held since 2008.
Dave Layman, senior VP of Residential Operations, will retire at the end of fiscal 2012, after more than 40 years with the company. He will be succeeded in that role by Darrell Edwards, who will be promoted from vice president general manager of La-Z-Boy Tennessee to vice president of Residential Manufacturing. Edwards will steer La-Z-Boy’s six branded manufacturing plants, including the company's Mexico-based cut-and-sew facility.
McCawley will take over for Edwards at the 1.2 million square-foot Tennessee facility, La-Z-Boy’s largest manufacturing plant. McCawley, who is being promoted from production manager to general manager, has been with the company for nearly 30 years.
La-Z-Boy also announced the promotion of Doug Collier, chief marketing officer, to the additional role of President of International. In addition to leading La-Z-Boy’s international operations and growth efforts, he will be responsible for the company’s Information Technology.
In addition, Dan King is being promoted from director of Retail Sales and Operations to vice president of La-Z-Boy's Retail Operations, including the 83 company-owned La-Z-Boy Furniture Galleries stores.
In a statement, La-Z-Boy President and CEO Kurt Darrow said, "It is an evolutionary process and these appointments have been in the planning stage for some time, " La-Z-Boy president and CEO Kurt Darrow said. With the announced retirement of Dave Layman, "it is the appropriate time to make these moves to ensure our company has the correct leadership structure," Darrow said.
Encouraging Financials
The company recorded a 9.1 percent increase in sales for the fiscal 2011 fourth quarter over 2010, though much of it - 7 percentage points - could be attributed to the inclusion of an extra week, La-Z-Boy said. Net income for the quarter was $10.3 million.
According to the company, sales in the casegoods segment increased 8.6 percent for the quarter over 2010, with upholstery up 9.8 percent and retail up 48.6 percent.
"We experienced a slight sales increase on the casegoods side of the business and improved our operating margin significantly," Darrow said, primarily a result of a 2010 consolidation of two manufacturing facilities and the transition from a leased warehouse to a company-owned building, according to Darrow.
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