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Lumber Liquidators
LL, today announced a planned transition in executive
leadership with Jeffrey W. Griffiths retiring from his position as Chief
Executive Officer of the Company effective January 1, 2012. In accordance with
the Company's Corporate Governance Guidelines, Mr. Griffiths will retire from
the Board of Directors of the Company at the same time. Robert M. Lynch, the
Company's current President and Chief Operating Officer, will assume the role
of President and Chief Executive Officer concurrent with Mr. Griffiths'
retirement. In addition, the Board of Directors has appointed Mr. Lynch as a
Class II director effective January 1, 2012, to fill the vacancy left by Mr.
Griffiths. Mr. Griffiths will continue as an employee of the Company through
March 18, 2012 to ensure a smooth transition between the two leaders.
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