Lumber Liquidators hires new chief compliance officer


Lumber Liquidators Holdings Inc.
LL,
-3.33%
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.
RYN,
+1.57%
and International Paper Co.’s
IP,
+0.77%
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.


View more information: https://www.marketwatch.com/story/lumber-liquidators-hires-new-chief-compliance-officer-2015-08-18

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