Lumber Liquidators Continues Investing In Quality
Company Bolsters Compliance and Formalizes Sustainability Team
TOANO, Va., June 3, 2014
TOANO, Va., June 3, 2014 /PRNewswire/ --Lumber Liquidators (NYSE: LL), the
largest specialty retailer of hardwood flooring in North America, today
announced that it has formalized the Company's compliance and sustainability
team as part of its ongoing investment in quality and commitment to
Raymond Cotton, appointed as Chief Compliance and Sustainability Officer in
February 2014 and reporting directly to Robert M. Lynch, President and Chief
Executive Officer, manages Lumber Liquidators' quality assurance, sustainable
sourcing, loss prevention, risk management and compliance with legal and
regulatory requirements of global trade. The Company further strengthened its
team through the appointments of Lisa Kuca as Director, Global Product
Compliance, and Rebecca Rizzuti as Director, Global Trade and Customs
Compliance, both reporting directly to Mr. Cotton.
Mr. Lynch, commented, "Sourcing quality products direct from worldwide mills
is central to Lumber Liquidators' value proposition. The diversity of our
products and scale of our purchases requires an ongoing commitment to
sustainable forestry, and Ray is a key member of the team of professionals we
employ around the world who are dedicated to quality control. Our focus on
continual improvement of our processes and procedures, combined with the
collective expertise of Ray and other executives on this newly formalized team
will help maintain and foster our Company's ongoing responsible sourcing
efforts and deliver high quality flooring for our customers. We believe in the
importance of being an environmentally conscientious company, and are pleased
to take this next step in our ongoing corporate responsibility efforts."
Mr. Cotton has extensive leadership experience in cyber and physical security,
loss prevention, global audit and crisis management, most recently holding the
position as head of Global Security and Safety for Riverbed Technology and
previously serving in other leadership roles at Facebook, Orchard Supply
Hardware, TJ Maxx, and Target.
Ms. Kuca possesses over 10 years of experience in compliance program
development and management, risk identification and assessment, and creating
risk mitigation strategies, mostly recently serving as Senior Compliance
Officer and Vice President Corporate Compliance at American First Title
Company and previously holding various compliance, ethics and government
relations roles at World Bank, Freddie Mac and Holland & Knight, LLP.
Ms. Rizzuti brings extensive customs compliance experience in retail,
distribution and international logistics, formerly serving as Director,
International Trade at Footlocker, Inc. and Manager, Import Customs and
Compliance at Charming Shoppes, Inc., and holding other import/export and
compliance positions at VWR International, Inc. and Toys"R"Us, Inc.
About Lumber Liquidators
In its 20th year and withmore than340 locations, Lumber Liquidators is North
America's largest specialty retailer of hardwood flooring. The company
features more than 340top quality flooring varieties, including solid and
engineered hardwood, bamboo, cork, laminate and resilient vinyl. Additionally,
Lumber Liquidators provides a wide selection of flooring enhancements and
accessories to complement, install and maintain your new floor. Every location
is staffed with flooring experts who can provide advice and useful information
about Lumber Liquidators' low priced product, much of which is in-stock and
ready for delivery.
Withpremierbrands including Bellawood Prefinished Hardwood and Morning Star
Bamboo, Lumber Liquidators' flooring is often featured on popular television
shows such as HGTV's Dream Home and This Old House.
For more information, please visitwww.LumberLiquidators.comor call
1.800.HARDWOOD. You can also follow the company onFacebookandTwitter,and
learn more about its corporate giving program
This press release may contain "forward-looking statements" as defined in the
Private Securities Litigation Reform Act. These statements are based on
currently available information as of the date of such statements and are
subject to risks and uncertainties that may cause actual results to differ.
The Company specifically disclaims any obligation to update these statements
which speak only as of their respective dates, except as may be required under
the federal securities laws. Information regarding these additional risks and
uncertainties is contained in the Company's filings with the Securities and
For further information contact:
Lumber Liquidators Investor Relations
SOURCE Lumber Liquidators, Inc.
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