Richard Loynd has had a distinguished career which included his position as Chairman and Chief Executive Officer of INTERCO. It was under his leadership that the company engaged in its negotiations to restructure its debt, and ultimately emerged from Chapter 11 proceedings with a stronger balance sheet and a new focus on growth. In 1992, INTERCO had four primary operating companies: Florsheim and Converse in footwear manufacturing, and Broyhill and Lane in furniture manufacturing. In an effort to more clearly define the company's focus, in 1994 INTERCO spun off to its interest in Florsheim and Converse. The company was renamed Furniture Brands International to embrace the new focus. Loynd is now retired but still serves on the company's Board of Directors.
Richard Loynd is a graduate of Cornell University.
We have a business-planning manual that is that thick. Start with that. And it addresses all of the aspects of what we call gross profit management. And what we ask all of our business units to do is on an annual basis, put together a detailed planning document. Effectively a tactical document i...(Full transcript available to logged in subscribers.).
Register & Subscribe
Login
Richard Loynd Discusses Decision To Join Conglomerate Which Got Purchased By Allied Chemical
Richard Loynd States Importance Of Being Willing To Discuss Bad News Before The Good News
