May 22, 2015 | Retail Movers & Shakers
Lumber Liquidators CEO and President Robert Lynch has “unexpectedly” resigned from his position, according to a company statement. Although the retailer has started a national search for Lynch’s replacement, there is no set timetable for to find a replacement. Thomas D. Sullivan, Founder of Lumber Liquidators, will serve as the company’s acting CEO effective immediately. In addition, John M. Presley, the lead independent Director at Lumber Liquidators, has been appointed as non-executive Chairman of the Board of Directors effective immediately.