Knowles Resigns as CEO of Lumber Liquidators, Search Underway

Richmond, VA, February 6, 2020-Lumber Liquidators has announced that Dennis R. Knowles has resigned as president and chief executive officer and as a member of the board of directors, effective February 5. 

The board of directors has appointed Charles E. Tyson, the company's chief customer experience officer, as interim president and principal executive officer, and Knowles' duties will be divided between Tyson and Nancy A. Walsh, the company's chief financial officer, while the board of directors conducts a chief executive officer search of internal and external candidates. 

The board is engaging a national recruitment firm to assist with this search. Tyson also will remain the chief customer experience officer. Tyson and Walsh will each report to the board of directors.