La-Z-Boy Incorporated, the pioneer residential furniture producer, today announced here that Ms. Margaret (“Peg”) Mueller has been nominated as the next Vice President, Corporate Controller. It has been found that Ms. Mueller, will be in charge of Mr. Mark Copping, who has left the company recently.

La-Z-Boy Incorporated is a prominent residential furniture producer, marketing furniture for every room of the home. The La-Z-Boy Upholstery Group companies include Bauhaus, Centurion, England and La-Z-Boy whereas the La-Z-Boy Casegoods Group companies are American Drew, Hammary, Kincaid and Lea. The proprietary distribution network of the corporation is dedicated exclusively for the selling of La-Z-Boy Incorporated products and brands augmenting 340 stand-alone La-Z-Boy Furniture Galleries® stores and 307 La-Z-Boy In-Store Galleries. The La-Z-Boy Furniture Galleries retail network happen to be the largest in North America’s largest single brand furniture retailer, according to industry trade publication In Furniture. The company from its inception in 1928 when it first introduced the recliner has been in the business steadily and through intense labor and zeal for success in the succeeding decades has grown with the inclusion of a myriad of pieces and styles making the brand name exceedingly recognized across the country along with around the globe. But according to the review of the contemporary business world by and large the La-Z-Boy brand name has become synonymous with comfort and quality. In addition, the La-Z-Boy stock is listed on the New York Stock Exchange under the trading symbol LZB. From the commencement of its initial public stock offering in 1972 the company has been continuously engaged in paying cash dividends and also sponsoring a dividend reinvestment plan for the sake of the benefit of its individual shareholders.

In her new capacity, Ms. Mueller will be responsible in the overall management for corporate accounting, accounting consolidations, the corporation’s internal and external financial reporting, payroll and internal control compliance along with in charge of special projects and analysis. It has been learnt, that she will have to report to Chief Financial Officer, Mike Riccio. Margaret Mueller joined the corporate accounting department of La-Z-Boy in the year 1993 and, by virtue of her excellence over the 14-year period, has been positioned in various positions of increasing responsibility. In her educational background, she is a holder of a B.S. in accounting from the University of Cincinnati.

While being enquired about Margaret Mueller’s new appointment Mr. Mike Riccio said, “I am delighted that Peg has accepted the corporate controller’s position as she has been a significant asset to our company over the years and has been a true leader in our corporate accounting department.”