Lumber Liquidators fires chief merchandising officer

Home News Lumber Liquidators fires chief merchandising officer

Toano, Va.–Lumber Liquidators said it has fired William Schlegel, who served as chief merchandising officer after serving more than four years in the position.

Schlegel’s last day will be June 19. Marco Pescara, who will hold the dual roles of chief marketing officer and chief merchandising office, will replace him. Pescara has been with the company for nine years.

Lumber Liquidators did not say why it was firing Schlegel, who is the latest in a string of executives to depart the company. In recent weeks, Ray Cotton, the chief compliance officer, Robert Lynch, the CEO, and Daniel Terrell, the CFO, left the company.

In May, Lumber Liquidators said that it had suspended the sale of all laminate flooring made in China after disclosing that the Justice Department is seeking criminal charges against it. The news show “60 Minutes” reported in March that the Chinese-made laminate flooring contained high levels of the carcinogen formaldehyde.

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