Wednesday, March 26, 2008

Retirement Fund places La-Z-Boy on underperformer list

The California Public Employess Retirement System (CalPERS) put La-Z-Boy, one of Neosho's biggest employers, on its Focus List of Underperformers.
According to the CalPERS news release:

La-Z-Boy, Monroe, Michigan, lagged peers by 40.9 percent over the past five years. CalPERS wants the company to declassify its board.

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