Lumber Liquidators hires new chief compliance officer

Lumber Liquidators Holdings Inc.
said on Tuesday that it hired Jill Witter to be the wood-flooring company’s chief compliance and legal officer. Witter was formerly the general counsel at Rayonier Inc.
and International Paper Co.’s
forest resources division. Witter has been acting as a consultant and adviser to Lumber Liquidators since early July, the company said in a statement. Lumber Liquidators’ previous chief compliance officer, Ray Cotton, had abruptly stepped down in early June. The stock climbed 6.1% in morning trade, but was still down 78% since a “60 Minutes” report alleged the company’s wood flooring products sourced from China contained dangerous levels of a cancer-causing agent.

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