CLEVELAND - LESCO, headquartered in Strongsville, Ohio, announced that it has named Jeffrey L. Rutherford senior vice president and chief financial officer (CFO), replacing R. Breck Denny. Rutherford's appointment is effective today, Feb. 18, 2002.
"Breck expressed his desire to resign in October for personal reasons, but agreed to stay on until we could find a successor," explained William A. Foley, chairman and chief executive officer. "Jeff brings an extensive accounting background, experience as a CFO in a public company and knowledge of the retail store operating environment."
Rutherford, 41, spent four years with OfficeMax, a publicly held company, starting as the company's senior vice president and treasurer and advancing to senior vice president and CFO. Prior to joining OfficeMax, Rutherford spend 14 years with the accounting firm Andersen.
"LESCO is recognized throughout the turf care industry for the quality of its products and the dept of its customer commitment," Rutherford remarked. "I look forward to working with Bill Foley and Michael DiMino to make a great company even better."
Rutherford will report to Foley and will have responsibility for all financial management functions, including banking, accounting, credit, taxes, Securities and Exchange Commission reporting, and investor relations and communications.
"I am confident [Jeff] will play a pivital role in our ongoing efforts to strengthen the business and improve profitability," Foley stressed.
Click here for more information about LESCO.
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