Toano, Va.—Robert M. Lynch has resigned from his position as president and CEO of Lumber Liquidators. The company will begin a national search for a replacement. In the interim, Thomas D. Sullivan, the company’s founder, will serve as the acting CEO.
John M. Presley, Lumber Liquidators’ lead independent director, has been appointed as non-executive chairman of the board of directors. Both appointments are effective immediately.
“I am really proud of the [Lumber Liquidators] team and I look forward to working with them and providing our customers with the best hardwood floors at the best prices, as we have since I founded the company over 20 years ago,” Sullivan said.