Lumber Liquidators (LL) Enters Separation Agreement with Former CIO Levy

July 5, 2012 7:20 AM EDT Send to a Friend
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Effective June 30, 2012, Lumber Liquidators Services, LLC, a wholly owned subsidiary of Lumber Liquidators (NYSE: LL), entered into a Separation and Release Agreement with Seth P. Levy in connection with the June 22, 2012 termination of his employment as the Registrant’s Chief Information Officer and Senior Vice President, Information Technology. Under the Separation Agreement, Mr. Levy is entitled to receive severance payments equal to twenty-four (24) weeks of his base salary, payable over that period, and certain contributions to his health benefits.


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Comments

the company
thomas on Jul 5, 2012 08:05 AM
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They also fired me last year. Take a good look ar this company. Horrible on how they treat their people. getting rid of everyone with grey hair.


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