La-Z-Boy keeps adapting

MONROE, Mich. – La-Z-Boy’s recently announced fiscal third-quarter results again painted a picture of the opportunities and challenges facing the furniture industry as a whole.

In a conference call with analysts and a follow-up interview with Furniture Today, outgoing CEO Kurt Darrow and his successor, current CFO Melinda Whittington, outlined how La-Z-Boy is addressing the positives and the problems, and set the stage for a change in corporate leadership at an industry manufacturing and retail powerhouse. (Darrow will continue as chairman of the board when Whittington officially assumes the CEO role at the end of La-Z-Boy’s fiscal year.)

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