This blog features observations from Randy Turner, a former teacher, newspaper reporter and editor. Send news items or comments to rturner229@hotmail.com
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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