Lumber Liquidators President and CEO resigns

Lumber Liquidators announced that Dennis R. Knowles has resigned as President and CEO and as a member of the Board of Directors, effective February 5, 2020.

The Board of Directors has appointed Charles E. Tyson, the company’s Chief Customer Experience Officer, as Interim President and Principal Executive Officer and Mr. Knowles’ duties will be divided between Mr. Tyson and Nancy A. Walsh, the company’s CFO, while the Board of Directors conducts a CEO search of internal and external candidates. The Board is engaging a national recruitment firm to assist with this search.  Mr. Tyson also will remain the Chief Customer Experience Officer. Mr. Tyson and Ms. Walsh will each report to the Board of Directors.

Mr. Tyson joined the Company in June 2018 after serving in several key senior executive roles for Advance Auto Parts, Inc. As the Company’s Chief Customer Experience Officer, Mr. Tyson has been responsible for the company’s merchandising and marketing, consumer and pro sales, installation, distribution and, now additionally, store operations. Among other initiatives, Mr. Tyson has led the company’s digital strategy including the development and introduction of its innovative new online tools for customers.

Lumber Liquidators is one of North America’s leading specialty retailers of hard-surface flooring.