La-Z-Boy Inc. said Wednesday that its Chief Financial Officer Louis Riccio Jr. will retire June 2018. Riccio joined La-Z-Boy in early 2000 after the acquisition of LADD Furniture Inc. and was appointed CFO in 2006. La-Z-Boy has launched a national search for a successor that will continue through the transition period. La-Z-Boy share are unchanged in premarket trading and down 15.6% for the year so far. The S&P 500 index is up 11.5% for 2017 so far.
Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.
From:: Stock Market News