Lumber Liquidators Holdings, Inc. (NYSE:LL) Files An 8-K Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain OfficersItem 5.02.
On December 28, 2016, Lumber Liquidators Holdings, Inc. (the “Company”), after concluding that it was appropriate to move Mr. Thomas D. Sullivan from an employee director to a non-employee director to more closely align with the go forward role that Mr. Sullivan would be performing for the Company, eliminated Mr. Sullivan’s position as an employee of the Company effective as of December 31, 2016. Following that decision, Mr. Sullivan submitted his resignation as a director of the Company effective as of December 31, 2016, which the board of directors accepted.
Mr. Sullivan founded the Company in 1994 when he identified the opportunity to sell surplus building materials at heavily discounted prices. Thanks to Mr. Sullivan’s vision and perseverance, today, with more than 370 locations, the Company is North America’s largest specialty retailer of hardwood flooring. The Company expresses its enormous respect, admiration and gratitude to Mr. Sullivan for the wisdom and guidance he provided to the Company over his many years of service.
About Lumber Liquidators Holdings, Inc. (NYSE:LL)
Lumber Liquidators Holdings, Inc. (Lumber Liquidators) is a multi-channel specialty retailer of hardwood flooring, and hardwood flooring enhancements and accessories. The Company offers an assortment of exotic and domestic hardwood species, engineered hardwood, laminate and resilient vinyl flooring direct to the consumer. It also features the renewable flooring products, bamboo and cork, and provides a selection of flooring enhancements and accessories, including moldings, noise-reducing underlay, adhesives and flooring tools. The Company also provides in-home delivery and installation services to certain of its customers. Its product categories include Solid and Engineered Hardwood; Laminate; Bamboo, Cork and Vinyl Plank, and Moldings and Accessories. The Company sells its products primarily to homeowners or to contractors on behalf of homeowners. Lumber Liquidators operates over 375 stores located in over 50 states and Canada. It has over 370 the United States stores in operation. Lumber Liquidators Holdings, Inc. (NYSE:LL) Recent Trading Information
Lumber Liquidators Holdings, Inc. (NYSE:LL) closed its last trading session down -0.29 at 15.74 with 770,289 shares trading hands.