Lumber Liquidators names new CFO

Nancy Walsh served as EVP and CFO of Pier 1 Imports.

BY HBSDealer Staff

Lumber Liquidators, the hardwood flooring specialty retailer, has appointed Nancy Walsh as the company’s new chief financial officer.

The move is effective Sept. 9. Walsh replaces interim CFO Timothy Mulvaney who will return to his role as chief accounting officer of the company.

Walsh brings over 30 years of public company finance and retail industry experience. She most recently served as executive vp and chief financial officer of Pier 1 Imports, Inc. Prior to that, she served as executive vp and CFO of The Bon-Ton Stores, Inc. and in various finance and leadership positions with Tapestry, Inc., formerly known as Coach, Inc.

“The board and I are excited to add someone with Nancy’s broad retail and finance experience to the executive team at Lumber Liquidators,” said Dennis Knowles, Lumber Liquidators president and CEO. “Her wealth of knowledge will assist us as we execute our transformation plan to position the company for long term success.”

“I am eager to join the Lumber Liquidators team at an exciting point in the Company’s journey,” said Walsh.  “I am confident that my finance and retail experience will allow me to help lead the successful execution of our plans and drive value for all stakeholders.”

Mulvaney was named interim CFO, effective this past April, following the resignation of former company CFO Martin Agard.

“I would also like to express my sincere thanks to Tim for his leadership while serving in the interim role since March,” Knowles added.  “We will continue to benefit from his knowledge and professionalism as he returns to his role as Chief Accounting Officer, and his experience will help ensure a smooth transition as Nancy joins the company.”

Based in Toano, Va. and publicly traded, Lumber Liquidators operates 416 locations.


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