Richard Tadler will be stepping down from the Lumber Liquidators board of directors, effective June 30, 2011.
Tadler has been with the board since 2004, when TA Associates, the private equity firm of which he is a managing director, originally invested in the company. TA Associates divested its interest in the Toano, Va.-based retailer of hardwood flooring in 2009.
Lumber Liquidators CEO Jeffrey Griffiths described Tadler as a valued adviser. "He stayed on with the board of directors long after TA Associates concluded its involvement with the company, and we greatly appreciate all of his contributions to our success."
The company expects to fill the vacancy on the board with an outside director.