Marco Q. Pescara, the Company's Chief Marketing Officer since 2006, has been promoted to serve as the Company's Chief Merchandising and Marketing Officer effective June 19, 2015. As the Company's Chief Marketing Officer, Mr. Pescara developed the brand and customer strategy to communicate and deliver the Company's core value proposition through all areas of marketing. In his new position, Mr. Pescara will lead the Company's marketing and merchandising functions to provide a cohesive message and product assortment to the Company's customers.
Thomas D. Sullivan, Founder and Acting CEO, commented, "Over the last nine years, Marco has played a critical role in the Company's growth and development by maintaining a consistent focus on service to our customers. He has been instrumental in creating a team approach to the Company's overall sales strategy involving marketing, merchandising, store operations and finance. By coordinating the merchandising and marketing departments under his leadership, I believe we will be better situated to identify and satisfy customer demand for our assortment of flooring products and accessories. Since I started the Company more than twenty years ago, we have been providing quality floors at great prices and in his new role, Marco will be in a positon to ensure we continue to do so in the future."
The employment of William K. Schlegel, the Company's Chief Merchandising Officer, will be terminated effective June 19, 2015.
With more than 360 locations, Lumber Liquidators is North America's largest specialty retailer of hardwood flooring.
